A Crisis on Two Clocks
In a lot of ways, 2016 feels like 2002. The difference is the economy, a disaster teetering on the edge of catastrophe that injects a powerful new source of uncertainty and volatility into an already explosive situation.
In a lot of ways, 2016 feels like 2002. The difference is the economy, a disaster teetering on the edge of catastrophe that injects a powerful new source of uncertainty and volatility into an already explosive situation.
Andrés Rondón's deep dive into an instant classic of Marxist-Dadaist Economic doctrine.
"Say, Mr. Bus Driver, why are you speeding toward that cliff?"
With Luis Salas's appointment as economics Vice-president, the radicals have won a decisive victory in the fight to dictate economic policy. Their ascent could mean the deepening of the economic crisis and the descent into hyperinflation, hastening the end of Maduro as well.
If you're not genuinely scared by Maduro's last-minute reform of the Central Bank Law, you're not paying attention.
Venezuela's national sport? There's no contest: this place is obsessed with beisbol.
If you're going to read just one thing this week, forget the intramural MUD histrionics and read Ambrose Evans-Pritchard's takedown of OPEC's World Oil Outlook.
President Nicolás Maduro may be fighting fires with a garden hose, but he didn’t start them. The self-proclaimed “son” of Chávez is finding it difficult to pay for...
At its Economic Conclave, we saw a PSUV as radically divorced from reality as it's ever been. ¿Rectificación? Yo te aviso.
Venezuela's bond markets has never been a paragon of stability. But the last couple of weeks - man!
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