Cadivi: Spreadsheet Wrecker
Have you ever tried to explain Cadivi to a busy editor rushing to beat a deadline?
Economy
A Tale of Two Cadivis
I used to love Cadivi, but now I despise it. It is the lynchpin of a failed government: opaque, corrupt and unspeakably negligent.
Cadivi as Chains
CADIVI wasn't just an economic policy. It was really the chain tying Venezuela's middle class to the revolution, and to Chávez himself.
Worth Less
By May, Venezuela's highest denominated banknote won't be worth the paper it's printed on. Literally.
Want to Finish Off Chavismo? Keep Maduro in Power
Venezuela feels like it's at rock bottom, but the numbers tell another story. With the economy set to get much, much worse, removing Maduro would mean bailing chavismo out.
Bitcoin: The Techie's Refuge from a Collapsing Bolivar
As we peer into the abyss of outright hyper-inflation, tech savvy Venezuelans figure out you can shield yourself from the bolivar's implosion without ever coming near a Cadivi folder. How? Bitcoin!
Uruguay finds out it's easier to send food to Venezuela than to get paid for it
Uruguay bet a huge porcentage of its agro-exporting economy on a single deal with the Venezuelan government. What could imaginably go wrong?
Guri: The Nth Crisis
At this point in the year, the water level in the Guri reservoir has never been lower. Our strategy? Pray for rain.
Rodolfo Medina: My prof, the minister
It’s always strange when someone you know turns up on the news. So imagine my surprise when I found out Rodolfo Medina, my old Econometrics teacher from undergrad days at UCV, is now Finance Minister.
Financial News from a Parallel Universe
With $167 billion dollars stashed away in its Macroeconomic Stabilization Fund, Venezuela will likely be spared the worst of the current oil market downturn.
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