Venezuela’s socialist government arrested at least 131 business owners and executives this week; accusing the individuals of perpetrating “economic sabotage” against the country by refusing to cooperate with President Maduro’s “revolutionary reforms.”
According to the Telegraph, the arrests include “several managers of large chains” for “speculating and hoarding basic products that are subject to prices fixed by the government.”
Venezuela’s Attorney General Tarek Saab said those detained were attempting to “destabilize the economy.”
“Some merchants and businessmen made the decision to close, others are waiting to know the rules of the game that will govern us from now on,” said one lawmaker.
Venezuela’s economy has completely collapsed in recent months, with ultra-inflation approaching 1,000,000% as food and water supplies dwindle throughout the country.
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PARADISE LOST: Venezuelans Buying ROTTEN MEAT After Widespread Power Outages
The catastrophic economic collapse plaguing Venezuela continued this week, with meat and produce rotting throughout the country after crippling power outages rocked the capital and surrounding towns.
According to the Times, desperate shoppers rushed to local markets and stores to purchase “rotting meat” while still suitable for human consumption.
“Shoppers are queueing to buy rotten meat in a city once famed for its vast oil wealth, as Venezuela’s currency crisis worsens and rolling power cuts mean no one can keep food fresh,” writes the Times.
“Residents of Maracaibo were understood to be falling ill yesterday from eating meat bought on discount, often the only protein they can afford as the country suffers hyperinflation amid grinding economic conditions,” adds the author.
Once purchased, shoppers are rushing to consume the products before further power outages render the food useless.
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PARADISE LOST: Venezuela's Socialist President Tells Starving Residents to ‘STOP WHINING’
Venezuela’s socialist President Nicolas Maduro urged his nation’s starving and impoverished citizens to quit “whining” about the escalating food and water crisis; saying he “wants solutions comrades!”
According to France 24, Maduro was speaking to members of his government after a crippling power outage shutdown nearly 80% of the country’s capital; admitting his economic programs and production models “have failed.”
“The production models we’ve tried so far have failed and the responsibility is ours, mine and yours,” said the President. “Enough with the whining… we need to produce with or without (outside) aggression, with or without blockades, we need to make Venezuela an economic power,” he added late Monday, with the country grappling with a four-year long recession.”
“No more whining, I want solutions comrades!” he added.
Venezuela is in the midst of a four-year depression, with food, water, fuel, and electricity nearly vanishing throughout the nation.
Leading economists warn the struggling country may see inflation as high as 1,000,000% within the year.
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