Thursday, July 9, 2015

Will Greece be the Next Venezuela?

I just wanted to follow up on my previous post on The New Reality where I described Venezuela's current food shortages.

Unless you have been living under a rock this week, you have already heard about the economic crisis in Greece. The images of empty shelves in supermarkets are eerily similar to those in Venezuela.


Supermarket in Athens, Greece
Supermarket in Caracas, Venezuela
 

The idea of these two countries facing the same fate is not so far fetched as some of you may think. The people of Greece are facing much uncertainty and are fearing the worst. In recent days, shoppers in Greece flocked to their local supermarkets and stripped them of essentials such as rice, flour, meats, cheese, and toilet paper. Sounds familiar?

President Nicolas Maduro took special interest in the recent vote against the Eurozone bailout and congratulated the people of Greece. He called the results a defeat against the "financial terrorism of the International Monetary Fund." Venezuela parted ways with the IMF back in 1998 when former president Hugo Chavez vowed to build an economy free of the imperialist government (the United States) and committed to social justice.

Let's just hope Greece's problems do not distract Maduro from focusing on resolving the issues within his country.

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