All in a week's work
Juan Cristóbal says: – You gotta hand it to the workers of Guayana. Following a few days worth of protests, the government relented without much of a fight and, today, announced it was going to pony up $400 million for the struggling, state-owned aluminum industry.
That’s right: $400 million. That’s $16 for every man, woman and child in Venezuela. So if you’re living right along the poverty line and you have a wife and four kids, your total share of the CVG bailout (por ahora) is roughly $96, or BsF. 630 at black market rates. And what do you get out of that? Free supplies of aluminum foil for the rest of your life? Nah – a few months of peace and quiet before the struggling companies ask for even more money.
Hats off to the union leaders for pulling off such a scam.
Post 57 of 100 … CVG stands for Chavistas Vividores a lo Grande.
Caracas Chronicles is 100% reader-supported.
We’ve been able to hang on for 22 years in one of the craziest media landscapes in the world. We’ve seen different media outlets in Venezuela (and abroad) closing shop, something we’re looking to avoid at all costs. Your collaboration goes a long way in helping us weather the storm.
Donate