Repent! Repent! Grid Parity is Nigh!
For as long as I can remember, I’ve been hearing dire warnings that unless Venezuela got its act together, it could just plain miss the short critical window...
Economy
A silly response to a serious crisis (UPDATED)
(Former CC intern Rachelle Krygier is back, and is reporting from Caracas.) Venezuelans go to bed not knowing if in the morning they will be able to find,...
Cheap labor "a la criolla"
Clímax magazine, one of Venezuela’s new crop of online media outlets, has an excellent story on how Venezuela has become a haven for cheap labor. Now, if you...
Economists as detectives
While I was in Caracas, I spoke to economist Asdrúbal Oliveros about what it’s like to be an economist in a country with, essentially, no economy to speak...
F-Rod and Hausmann at it again
The weekend negotiations between Greece and her creditors was quite the spectacle. One of the many lessons we can draw from it is that it’s really hard to...
Inside Out
I recently saw “Inside Out” [If you haven’t seen it, GO NOW!]. The film made me realize that we always talk about the economic crisis, but we rarely talk...
"You're on your own," says Japan
The Japan Times is reporting that exports to Venezuela will no longer be covered by insurance underwritten by Nippon Export and Investment Insurance. Basically, the country has become...
Six Hundred Something
Not like we’ll be posting the price of the black market Dollar every time it spikes, but just one week ago it hit the 500 mark. DolarToday’s closing rate for...
A grim goodbye
I left Venezuela yesterday after spending ten days there. I have tons of things I want to write about once I get my thoughts in order, but one...
Government does something not-crazy, scrambles to hide it
Did you hear? Venezuela raised gasoline prices yesterday. Not nationwide, of course: just locally, in areas near the Colombian border where gasoline smuggling had become completely rampant. Pumps nearest the...
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