Nervous Venezuelans buy TVs after devaluation

Subject: txt sclm - intl - mny -
CARACAS - Shouting "buy, buy, the world is going to die," Venezuelans went on a frantic shopping spree on Saturday following a sharp currency devaluation that is expected to drive up prices.

President Hugo Chavez announced a dual system for the fixed rate bolivar Friday night while much of the country was watching a baseball game. But Saturday, word spread quickly as people read the morning papers and listened to the radio in Caracas cafes...

[The 'fruits' of socialism on display yet again.]

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