Latin America
Related: About this forumVenezuelan Women Flock to Colombia Border Town to Sell Hair
http://www.voanews.com/a/venuzuela-colombia-hair-for-sale/3624120.htmlLA PARADA, COLOMBIA
Women from crisis-hit Venezuela are crossing the border in droves and selling their hair in a Colombian border town in order to afford scarce basic necessities such as food, diapers or medicines.
The trend, which has taken off in recent weeks, is another sign of the oil-rich country's deepening crisis amid shortages and spiraling inflation that have millions skipping meals and forgoing costly medical treatment.
Dozens of middlemen, known as "draggers," stand on a bridge linking San Antonio, Venezuela, to Colombia's La Parada, calling out: "We buy hair!"
Some 200 women a day are taking up their offer at one of seven makeshift stands dotting La Parada, according to estimates from five middlemen. The locks are then sold as extensions in the western Colombian city of Cali.
Warpy
(111,230 posts)With ISIS on the run, Saudi Arabia has stopped flooding the world with cheap oil and now the prices are set to rise again.
Bacchus4.0
(6,837 posts)COLGATE4
(14,732 posts)millions before the party comes to an end.
metalbot
(1,058 posts)It's actually fracking that has screwed them, and which will keep the price of oil low. Traditional wells take millions to turn on and off. Fracking can start and stop on the proverbial dime, which means it can respond to commodity markets much faster than the saudis can. That's going to incentivize the saudis to keep dumping just to keep the revenue stream going. They can only last for about 5 more years at current prices, and that's only if they keep selling. If they stop selling, they see internal rebellions immediately, both from the royal family and from Saudi citizens used to living on the oil nipple.