The result of populist socialism in Venezuela has produced widespread inflation (700%) and panic stricken hunger.
To combat shortages in food, the Venezuelan government unveiled a new plan to eat all the rabbits.
Under the program dubbed ‘Plan Rabbit’, Venezeula’s agriculture minister, Freddy Bernal, reminded people “The rabbit isn’t a pet, it’s only two and a half kilos of meat.”
“The first part of Plan Rabbit moves forward,” said Bernal.
“Plan Rabbit” illustrates the government’s extreme measures to alleviate food shortages in Venezuela. Rabbit is not a commonly eaten item in the South American nation, where Bernal conceded that it’s mostly viewed as a cute pet.
The agriculture minister argued that rabbits easily reproduce and are a source of protein. He also recommended citizens consider raising and growing other animals and vegetables at home.
It’s just the latest attempt to try and solve the food shortage problem. The government forces citizens to pick up groceries on certain days of the week depending on social security numbers. It still sells staple items, such as corn flour, at extremely low prices.
It has also hiked the minimum wage three times this year, though inflation is expected to outrun any wage increases. The IMF forecasts that prices will rise 720% in Venezuela this year.
A national poll published earlier this year found that Venezuelans lost 19 pounds on average in 2016 due to food shortages. Venezuelans line up for hours outside supermarkets, waiting to buy the most basic items.
Venezuela must ship in almost all the food it needs after the government severely mismanaged farmland that it nationalized. The very low, fixed prices on everything from corn flour to coffee have put many farmers out of work.
Compared with 2015, food imports from Venezuela’s top trade partners were down 61% in the first five months of this year, according to Panjiva, a trade research firm.
“We’re looking for creative solutions in the socialist vision,” Maduro said.
Socialism.
If you enjoy the content at iBankCoin, please follow us on Twitter
Yeah socialism ..but more broadly it was gov’t control and price fixing …like what CBs are doing with the price of money and such. Our price fixing – our socialism – will ultimately bite us too.
lol
Interest rates is the price of money. Negative interest rates tell you exactly what fiat money is intrinsically worth. This price fixing (setting arbitrary interest rates) cannot go on much longer.
Pet rabbits?? Like house pets? Lolz
Venezuelans are preppers now. How ironic. Our preppers are on the no-fly list and flagged by homeland security as threats.
What could possibly go wrong with Plan Rabbit?
Might want to ask the Aussies, mate.
http://www.convictcreations.com/animals/rabbits.html
“Gosh, they just aren’t doing it right…”
Rabbits have been “Food” since the beginning of time. You vegans must have a reason.
In other words … your socialist government can’t take care of you anymore so you’re responsible for your own well being.
As it should have been in the first place.