First it was toilet paper and groceries but now Venezuela is out of beer! Things are really getting desperate there!
Venezuela Runs Out of Beer
Venezuela’s largest privately-owned beer company has stopped producing beer after running out of malted barley (or, more specifically, running out of foreign currency with which to buy malted barley).
The company, Empresas Polar, stopped production yesterday—it warned last week that it would run out of malted barley by then.
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Polar is putting “your drunk uncle’s favorite political forecast to the test,” Francisco Toro of the Caracas Chronicles wrote. “You know the one I’m talking about, right? That one uncle of yours who gets drunk at every family gathering and starts to rant about how the only way we’re going to get people mad enough to take to the streets and overthrow the government is if the beer runs out? Well, here you have it Tio.”
Polar says it’s been warning the country for a year about the need for sufficient access to foreign currency “to keep making products demanded by Venezuelans.”
Beer now joins a long list of products and food that there have been shortages of in socialist Venezuela since the price of oil went down and the country’s government did nothing to loosen its grip on the economy.