Women Want Big Boobs In Venezuela And There Are Not Enough Breast Implants To Go Around [Dow Chemical Co(NYSE:DOW), Allergan, Inc.(NYSE:AGN), InMed Pharmaceuticals Inc(CVE:MSC.H)]

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December 17, 2014 1:23pm NYSE:IHE NYSE:IYH

implantsWe’ve had nothing but serious Slap in the Face Awards for a while, so here’s a funny one. It goes out to Venezuela this week for its attempts to control just about everything about its economy. But, especially how much its citizens spend outside the


country.

In addition to having a boatload of socialist whackjobs running the place and a very possible default in 2015, it also has a medical problem directly related to the limit of $300 in foreign currency it allows each citizen yearly.

The problem: not enough breast implants to go around. I’m not kidding. It has gotten so bad that in addition to street protests about too little food and an economy in the toilet, protest signs are showing up complaining about the scarcity of breast implants.

It can’t get enough breast implants for all the women who want them. It doesn’t have enough U.S. dollars. And a lot of women want big boobs in Venezuela.

How many? There were 85,000 procedures last year, a close second to the big three, the U.S., the EU and China, all of which have significantly larger populations than Venezuela.

The shortage has gotten so bad that women are settling for the wrong size implant. Usually a bigger size, of course! And worse, black market implants sold online.

And it gets better. The most popular gift when a girl turns 15 – you guessed it, bigger boobs.

Lisette Arroyo, a Venezuelan citizen, waited two months for her implants to arrive from the EU. They cost $300, the maximum number of foreign dollars you can spend outside of Venezuela in one year. The procedure is another $800.

The average minimum wage in Venezuela is $300 a year! Many save all their lives for breast enlargements only to find out there are no implants available.

Lisette said, and this is a quote: “This country is not what it used to be.”

Some socialist revolution! Boobs before bread.

by Steve McDonald, Bond Strategist

Investment U provides cutting-edge research and strategic financial recommendations for all levels of investors through its morning publication Investment U Daily and its related publications.

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