Bartering big business in depressed Venezuela

Posted on December 30, 2015 • Filed under: Business, Economy, Venezuela reported Venezuela’s grinding economic crisis has generated a plethora of problems including triple-digit inflation, shortages of basic goods and massive lines at markets. But it’s also inspiring boot-strap solutions, including a growing number of bartering websites for desperate shoppers.

More than 14,000 people are following the Twitter handle @spvzla where medicine is traded and bartered. The Facebook page “Trueque Anti-Bachaqueros Caracas” — another popular swapping site — has more than 10,300 members. And the image sharing site Instagram has become the go-to place to find baby items. The page Mamaenapuros, or “Mom in a Jam,” for example, has more than 22,000 followers. Read Article

Share This Story
  • Print
  • Digg
  • StumbleUpon
  • Facebook
  • Yahoo! Buzz
  • Twitter
  • Google Bookmarks
  • Add to favorites
  • email