Socialism Triumphs! Shortages force Venezuela’s largest brewer to halt production

Electricity blackouts, food rations, the world’s highest inflation, and now no beer – Venezuela’s downward economic spiral knows no limits.

The country’s largest brewer on Friday closed down the last of its four factories because of a shortage of imported barley. Cerveceria Polar, a unit of the country’s largest food enterprise, Empresas Polar, produces nearly 80 percent of Venezuela’s beer.

As a result of falling oil prices, external debt and government exchange policies, importing even the most basic of goods has become a challenge for the cash-crunched socialist government.