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[–] stbelmont [S] 0 points 1 point (+1|-0) ago  (edited ago)

From the article

Shrimp farming is booming in this western Venezuelan city, but little of the shellfish is destined for tables in this malnourished nation.

About 90% of this shrimp is headed for Europe and Asia - with the blessing of President Nicolas Maduro.

Venezuela’s leader has lauded food exports on television as a way to raise hard currency to stabilize an economy in crisis. And he is paving the way for more foreign sales. His administration has loosened restrictions to allow more production to go abroad, 10 food industry entrepreneurs and executives told Reuters.

In addition to seafood, Venezuelan cheese, avocados, citrus, breakfast cereal and candy are finding international buyers.

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Lack of demand has spurred two large Venezuelan food companies ... to export products that until now had only been sold in Venezuela,

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Showing off outdoor tanks teaming with fish, Sanchez said he sells tilapia for $2 a kilogram. That’s the equivalent of more than a week’s pay for Venezuelans earning the minimum wage.

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[–] stbelmont [S] 0 points 2 points (+2|-0) ago 

Two takeaways from hyperinflation.

  1. Your country can still be producing food, but it can get sold to the highest bidder, not the impoverished.

  2. Savings that could have bought land, animals, ammo, and long-term food storage now only can purchase a loaf of bread.