Hacker News new | ask | show | jobs
by fiatjaf 3784 days ago
Since when were you experimenting shortages on Venezuela? How serious are these shortages?

Do small shops survive in Venezuela? How?

2 comments

The shortages are extremely serious at this moment. We're having a humanitarian crisis because medicines can't be found, people use social media to ask for medicines.

The government limited the days where you can go to the super market to the last digit of the "Social Security Number". So if yours end in 0 or 1 then you must buy on Monday. And nothing guarantees that you will find what you're looking for.

Lines outside supermarkets take 2 hours or more and they only sell you a limited amount of items. 1 Chicken per week.

The government also installed finger print scanners to make sure that you don't buy more than you're allowed.

All this measures are failing and will fail, because the problem is that they destroyed the private industry making us heavily relay on imports. Now that the price of the oil is down there is not enough money to import, so there's simply not enough food, medicines, etc.

What about the small business? :P
Small business are on their knees. They are just surviving and living paycheck by paycheck. They sell whatever they get access too. Their profits are worth nothing in dollars (if they manage to have profits). An inflation projected to be 700% this year makes it extremely hard to survive, you need to adjust your prices every hour.

Nobody is doing well in Venezuela, except the corrupt people in the government who keep stealing money.