Wednesday, September 28, 2016

Venezuela Crisis: I Flew to U.S. to Buy Toilet Paper

CNN reports:

Carmen Mendoza came to New York to visit her daughter Anabella -- and also to buy toilet paper, soap, toothpaste, beans, corn flour, tuna fish, mayonnaise and aspirin.

Mendoza, 66, can't find these basic goods in her home country: Venezuela....

About half a million Venezuelans visited the United States last year. Increasingly, Venezuelans living in the U.S. say their friends and family who can afford it are coming to America to buy basics.

"It's just a testament to how badly the country is being managed," says Beatriz Ramos, a Venezuelan tech entrepreneur, who lives in New York. Ramos has hosted six friends from Venezuela this year: "It's been steadily getting worse and worse and worse."

  -RW

3 comments:

  1. "It's just a testament to how badly the country is being managed..."

    Right, as if all that's required is a competent manager, because we all need to be managed.

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    Replies
    1. Spot on, Brutus. And yet another example of a business person who's totally clueless about economics.

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    2. They don't learn economics, they learn how to manage a business and then think everything can be forced into that model.

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