Poll Chart: Too Much Noise, Not Enough Signal

Quico says: You asked for it, you got it:Click to expand A few things to note: IVAD is more and more “the government pollster.” A month before the 2007 constitutional reform referendum, they had the Sí ahead 64%-28%. This time around, it was Information Minister Jesse Chacón who made their poll result public. CECA is…

Poll Chart: Too Much Noise, Not Enough Signal

Quico says: You asked for it, you got it:Click to expand A few things to note: IVAD is more and more “the government pollster.” A month before the 2007 constitutional reform referendum, they had the Sí ahead 64%-28%. This time around, it was Information Minister Jesse Chacón who made their poll result public. CECA is…

Stagflation’s just another word for Catch-22

Quico says: One vital question that’s getting virtually no attention is what the correct policy response would be to the economic crisis likely to hit Venezuela later this year. By all accounts, we’re looking at a recession, with economic activity falling and unemployment rising. The normal, orthodox response to a recession is to spend, even…

Stagflation’s just another word for Catch-22

Quico says: One vital question that’s getting virtually no attention is what the correct policy response would be to the economic crisis likely to hit Venezuela later this year. By all accounts, we’re looking at a recession, with economic activity falling and unemployment rising. The normal, orthodox response to a recession is to spend, even…

PDVSA Maula

Quico says: This Dow Jones wire story, by-lined Raúl Gallegos, makes for compelling reading. The entire thing is really quite stunning, but if I had to pick just a couple of grafs: Oil company executives say PdVSA stopped paying service firms in August and the debt to all suppliers may have risen by as much…

PDVSA Maula

Quico says: This Dow Jones wire story, by-lined Raúl Gallegos, makes for compelling reading. The entire thing is really quite stunning, but if I had to pick just a couple of grafs: Oil company executives say PdVSA stopped paying service firms in August and the debt to all suppliers may have risen by as much…