Money does grow on trees
Jesus Yepez, an architect who lives in Caracas has found John McDonnell’s “money tree” in the street. The tree is made of almost worthless bolívares soberanos, since Venezuela’s hyperinflation means $1 is worth well over 5,000 bolívares soberanos. “Many people commented that that is what our currency has turned into: Monopoly money,” he said“It’s an ingenious protest for the insane inflation we’ve been experiencing.”
UPDATE: $1 is actually worth 321,385.39 bolívares soberanos.
NZ Dollar has not been worth much for years. Looks like it will join the tree group with its billion tree’.
Nah the fat fairy has all the answers next week. Who thinks it will not be arse covering time to try and hide the 11 billion dollar hole?
For him to say he acted responsibly by saving a billion in spending shows he was taking the piss big time.
Saved it to buy guns
Is it still Green Party policy to print our way to prosperity?
Nah, the Greens plan is for everyone is to become stoned and not give a tinkers arse about life. ?
Vodka was cheap and plentiful in the USSR.
a Parallel?
Not a bad effort up there with Zimbabwe, Maduro has only been in power since 2013, Prior to him the currency was set about 6 Bolivars, first thing he did was used new economics powers to depreciate the Bolivar 37%, it hit hyperinflation in 2016 and the rest is history. The 37% was the beginning of the end, it said let’s spend what we don’t have. The left are so good at this.
The life lesson for my friends like Fairydust, leaders with specific views can totally destroy an economy in a parliamentary term. I can think of numerous leftists who sang this idiots praises in the initial period. Of course, it is all blamed on Trump now.
So you can have some of the best oil reserves in the world, yet a socialist somehow manages to starve the entire population except for a few elite around him.
I wonder what sort of pay rise the teachers there need to be able to eat, when you have inflation running at 65,000%, wages are basically worthless.
The great socialist way, screwing all except the leaders.
I forgot to mention, Cindy is totally silent on this, prove me wrong but I haven’t seen any announcement, plenty on the those evil western countries, but not a word on Maduro. Silence is golden.
I wonder if there is a journalist that would pop the question?
They wouldn’t dare pop that question!
They would lose all rights to push the pram!
What and put Clarke out of a job?
There is no comparison between NZ and Venezuela. We are no where at that stage and never will be. Just because this govt is putting the interests of the poor above the rich for once doesn’t mean the sky is falling. Youse are just pissed at not getting your tax cuts. Bo hoo.
There is no comparison between NZ and Venezuela yet.
There, I fixed it for you. Given enough time, Ardern and Peters will make sure we’ll be racing Venezuela to the bottom of the heap.
The “youse” affectation intrigues me, Fairy. If you are not in fact a joke account, and you wish to be taken seriously here, why do you “talk” like some kind of under-educated Westie feral?
According to what I posted on Have your say, Irish American origin, usually by the uneducated or the ‘just annoying’. lol
I always thought it was trashy ghetto speech lol
No comparison, no shit Sherlock I guess I would have noticed 66,000% inflation very quickly. No one is making a comparison, I have to agree things will never get that bad, but when the money runs low and the screws go on, welfare will suffer, you need taxpayers to have a welfare system, people employing people, not governments employing people.
If you are so worried about the poor, get out create an empire and employ a shitload of people. You won’t feed the poor sitting contemplating how bad the right are.
Been poor, didn’t like it. Rather be rich. you should see if you can try it sometime.
I can’t even imagine how miserable that place must be. Billions of $$ worth of oil and they’re starving. What a stupid country.
OMG and the Aussies don’t want us. I bet they want to weep.
https://www.rnz.co.nz/news/world/389358/rwandans-accused-of-1999-tourist-murders-in-uganda-secretly-taken-to-australia
Oops
It’s the eternal curse on decent, Western countries to swat away 3rd world vermin, like a cow’s tail swatting away flies. Fleas, ticks, and leeches are also accurate descriptions.