The Phaserl


This Is What Hyperinflationary Collapse Looks Like

from ZeroHedge:

There was some good news for citizens of Venezuela yesterday, when the government – having mostly given up on trying to provide its citizens’ with even the most basic food needs – announced it has opened its border with Colombia for the second time this month to allow people to buy food and medicine unavailable at home in their country’s collapsing economy. Colombia’s government said 44,000 people crossed on Saturday to buy food, medicine and cleaning products and said it expected that number to almost double on Sunday.

Bus terminals were packed and hotels filled to capacity in the border town of San Antonio, with many traveling hundreds of miles to shop.

The result of the scramble to obtain much needed staples is shown in the photos below.

Venezuelan citizens waiting to cross into Colombia to buy supplies

More than 100,000 Venezuelans crossed into Colombia over the weekend in
search for food and medicine.

Venezuelan women buy food staples at a local shop in Cucuta, Colombia

Tebie Gonzalez holds a wad of Bolivar bills as she exchanges what remains of
her and her husband’s savings.

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