From High School Bully to Five-Star Cadivero
Which of your high school classmates is going to be the one who ended up making it big on the Cadivi circuit? The bully, obvs.
Which of your high school classmates is going to be the one who ended up making it big on the Cadivi circuit? The bully, obvs.
Have you ever tried to explain Cadivi to a busy editor rushing to beat a deadline?
I used to love Cadivi, but now I despise it. It is the lynchpin of a failed government: opaque, corrupt and unspeakably negligent.
CADIVI wasn't just an economic policy. It was really the chain tying Venezuela's middle class to the revolution, and to Chávez himself.
By May, Venezuela's highest denominated banknote won't be worth the paper it's printed on. Literally.
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.
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 bet a huge porcentage of its agro-exporting economy on a single deal with the Venezuelan government. What could imaginably go wrong?
At this point in the year, the water level in the Guri reservoir has never been lower. Our strategy? Pray for rain.
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.
We’ve been able to hang on for 22 years in one of the craziest media landscapes in the world. We’ve seen different media outlets in Venezuela (and abroad) closing shop, something we’re looking to avoid at all costs. Your collaboration goes a long way in helping us weather the storm.
Donate