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Greek Supermarkets Begin To Resemble Those Of Venezuela
For years we have mocked Venezuela's economy (if not its long-suffering population): it got so bad, we even did a visual summary of selected Venezuela headline posts we wrote over the years.
Most of these were expected, and in line with the transformation of any normal nation to a socialist utopia. None were more poignant than the images of supermarkets and grocery stores that have been ransacked empty as a result of the collapsing currency, devastated supply chains and soaring inflation (supermarkets which have since imposed fingerprint scanners in what is no longer capital but food controls).
We are sad to announce that what was once a Venezuela trademark has now transitioned to a country that until recently was among the most developed nations in the west: Greece.
As we noted yesterday, in clear rejection of Tsipras' plea for calm, the Greek population stormed (now empty) ATMs, grocery stores and gas stations as they scrambled to obtain, or convert, paper currency into tangible products.
This morning, the NYT picked up on the realization that for Greece ATM runs were last week's story. Now, it's all about the "Supermarket Sweep"... and hoarding. To wit:
Beside the lines at A.T.M.s, people were also lining up at gas stations and in grocery stories. In the small town of Spata, outside Athens, residents had stripped grocery shelves bare by Saturday night. The local Shell station had run out of regular unleaded and had only premium gasoline to sell. “Doom,” the gas attendant responded, when asked to describe the mood.
The frenzy at gas stations across the country prompted Greece’s largest refiner to issue a statement assuring that there would be enough supply...
And this is how Athens is slowly starting to look like Caracas.
On Monday supermarket shelves in #Athens emptying as Greeks stock up for coming days #Greece #Grexit #Greferendum pic.twitter.com/q61PVM17d9
— Julia Damianova (@JuDamianova) June 29, 2015
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And idiots in the US still shop 'just in time' and have little spare food on the shelves - maybe an expired can of Spaghetti-O's, some stale cereal they have not gotten around to throw out, and a couple cans of soup.
Say what you will about Lefty economics....it's at least remarkably consistant.
Yeah ....that most everybody loses and nobody wins.
Dumbfucks, they are storming supermarket. What they should be doing is to storm the Bastille.
Most N. Americans are carrying so much extra weight they'll be able to live on that for most of a winter. All they'll need is water.
Where's all the momos who were cheering the loser Syriza party expecting a different outcome? Come on guys, they "screwed the banksters" - where is socialist paradise? Right around the corner, Jackasses.
Well not even one expected not to have a hard time when decided go against 18 european countries that pretty much do what wolfgang schaeuble and german economic policy dictates and in the same time go against the IMF.
Freedom always comes with a price.
But I am glad that other's people hard time gives you the opportunity to make a clever mean comment.
Ahhh. I love the smell of socialism in the morning.
The immediate finger is placed on Greek shoppers buying products faster than they can be re-stocked -- but you cannot overlook the supplier chain. The trucking companies that deliver groceries fear they will not be paid, the grocery packers and canners fear they won't be paid, and the farmers fear they won't be paid. This same scenario has repeated many times in history, and will again -- likely in the US. Place yourself into the chain somewhere -- and choose whether you want to be paid in drachmas or in physical silver...
Greece, think of it as "It was the Worst of Times, it will be the Best of Times".
You're going through the necessary Enema and Detox phase, while getting rid of the EU shite. Fear has lead to hoarding, when you should have Prepped when you had all the time in the world.
Hang on and barter until you get your Gov "pulls an Iceland", comes out with the Drachma, and unveils a Trade Deal with a non-EU pivot of some sort.
p.s. You can bet your Greek butts that if you were to join the BRICS Club (as an Associate Member), that you would get back control of your Immigration policy also. Your Navy could just hold up signs, pointing toward Turkey or Italy.
learn to ferment
In. 1979 we had a blizzard of epic proportions in west Michigan. Though the apartment I shared with a buddy was walking distance from a major chain grocery store it did not open for three days. Last meal was a box of frozen broccoli. We did not starve but the beer was gone the second night which really sucked . Oh the single carefree days of bachelor hood !
I did however.find the only woman on earth that would put up with me in 1980 and I am hanging on for dear life. We will share the broccoli but it will be from the garden these days.
When does socialism give you a choice, anyway?