Eulogio vs. Poleo
Why Eulogio del Pino wants to sue Rafael Poleo’s newspaper, El Nuevo País, to smithereens.
Economy
CLAPartheid
A Wall St. Journal article made waves suggesting the government is "dismantling price controls." It's doing nothing of the sort. Instead, it's improvising a grotesque new system of grocery apartheid.
Harina PAN "con prudencia"
Even when you think you are complying with the law, the government still makes you feel like a dirty, dirty crook. But don't tell anyone, please.
The Bachaquero Death Spiral
It’s not enough to understand the economic dynamics behind bachaqueo. We need the courage to look at the moral dynamics of a system that empowers crooks as they eviscerate the nation.
Wait, Isn't Venezuela Too Oil Rich to Go Bankrupt?
Isn't it just plain non-sense to say a country with 300 billion barrels of oil under the ground is unable to service $150 billion in debt? Not necessarily. Here's why.
The Hausmann Way
Ricardo Hausmann wants to invoke an exotic bit of bond prospectus language to restructure Venezuela’s debt without becoming Argentina. Could it work? We dive into the weeds.
Default: From "Whether" to "How"
You know the debate about default is moving along when a guy like Ricardo Hausmann shifts from discussing whether to default to discussing how, exactly, to go about it.
The Venezuelan Middle Class Millennial: An endangered species
I was eight years old the day Hugo Chávez was sworn in as president. One by one, everyone I went to school with, then everyone I went to university with, has left.
How the Chinese Elite Thinks About Us
For Venezuelans, the way the Chinese state elite thinks about its massive Oil-for-Loan deal with us can be a bit of a black box. This summer, two academics at a leading Chinese think tank peeled back the curtain...and we take a look.
PDVSA Swaps the Swap
Realizing its original swap was about to flop, PDVSA comes back with an offer that will leave Wall Street around a billion dollars richer, and you exactly the same amount poorer.
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