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This actually started over 2 months ago, and has been pretty common since: (Apr 26) http://www.latimes.com/world/mexico-americas/la-fg-venezuela-crisis-2016042
by iofj 10y ago
This actually started over 2 months ago, and has been pretty common since:
(Apr 26) http://www.latimes.com/world/mexico-americas/la-fg-venezuela-crisis-20160427-story.html http://www.latimes.com/world/mexico-americas/la-fg-venezuela...
(May 11) https://panampost.com/sabrina-martin/2016/05/11/venezuela-looting-wounded-5000-supermarket/ https://panampost.com/sabrina-martin/2016/05/11/venezuela-lo...
Now it is about essentially anything. Specific product shortages started long, long ago:
(Nov 2015) http://www.businessinsider.com.au/why-venezuela-is-running-out-of-toilet-paper-2015-11?r=UK&IR=T http://www.businessinsider.com.au/why-venezuela-is-running-o...
And for electronics it has been years. The cause is widely reported to be price regulation.
- WalterBright 10y agoThe result of price regulation is invariably shortages and gluts.