From Bloomberg:
Venezuela, plagued with shortages of basic goods, was offered a reprieve by the Prime Minister of neighboring Trinidad & Tobago: exchange oil for tissue paper.
Prime Minister Kamla Persad-Bissessar suggested an oil-for-tissue swap in a news conference Tuesday following a meeting in Port of Spain with Venezuelan President Nicolas Maduro. She said the deal would benefit both countries.
“The concept of commodity sharing is simple -– the Government of Trinidad and Tobago will purchase goods identified by the Government of Venezuela from T&T’s manufacturers, such as tissue paper, gasoline, and parts for machinery,” Persad-Bissessar said.
In Venezuela, which has the world’s largest oil reserves, citizens line up outside supermarkets for hours seeking a bag of clothing detergent, toilet paper or cooking oil. Price controls and a lack of dollars for importers have emptied stores of many basic goods, a situation Maduro blames on hoarders conducting an “economic war” against his socialist government.
Officials at Venezuela’s Information Ministry declined to comment.
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No surprise there. What can you say, without looking even more ridiculous than the moment before you open your mouth?
But, OS wishes to offer a comment:
The American Left, including Himself and Mizz Hillary just looooooove Chavez's model. They fell all over themselves to accommodate the Castro regime last month.
The formula is simple: corruption which creates poverty which feeds corruption with feeds poverty. Anyone who disagrees is an extremist, a hoarder, a saboteur. Not too long before the police arrive in the night to disappear these pesky types.
Argentina under Peronismo, anyone? Mizz Hillary thinks Argentina is just the bomb, can't wait to throw the Falkland Islanders under the bus of Argentinian chaos.
So, when we run out of toilet paper, with whom will be be able to barter, and with what?
