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Dim Wattage

See if you can detect the tension between these two recent news items: April 17th: In an interview with Barquisimeto newspaper El Impulso, Electrical Engineer Luis Vásquez Corro said that if there’s no rain in coming days (due to the El Niño phenomenon) Guri hydro-electric plant would be forced to shut down its turbines. Two days later,…

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Suggested Sunday reading

Two great pieces from two friends-of-the-blog, both of them at Harvard University, both of them in Spanish. First off, Francisco Monaldi goes deep on hyperinflation in El Nacional. Francisco is lucid when discussing why this traumatic phenomenon occurs – governments basically print money out of control because they refuse to adjust to changing commodity prices. Oil producers, however,…

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Everything you do is a cajero

What makes the new normal for ordinary Venezuelans? Beside the most obvious things like waiting in line and spending time looking out for everyday products, here’s another part of our routine: visting the closest available ATM (or cajero). And then another one. And another one. Thanks to the combination of relentless inflation, the continuous printing overdrive…

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“Beisbol” Blues

After 15 years of having a recruitment center in the country, the Seattle Mariners are packing their bags and leaving town for the Dominican Republic. It’s the latest Major League Baseball team to abandon Venezuela (sixteen in the last decade), leaving only four MLB franchises in the Venezuelan Summer League (VSL), a league dedicated to…