Digging Under Rock Bottom
When Hugo Chávez spoke of finally diversifying the Venezuelan economy, nobody, least of all himself, could have guessed how it’d come true. This is what happens when you pummel domestic production.
Tag: economy
How Dollars Make It Into Venezuela
Spontaneous dollarization seems to have taken over Venezuela. Even Maduro admitted it represents an “oxygen valve.” Two experts describe the different sources of cash dollars.
We Need a Sovereign Wealth Fund
The National Assembly has both an opportunity and a need to bring back transparency and efficiency, starting with managing the nation’s assets they are protecting abroad.
Closed Shops Become The New Normal One Month After The Madurazo
After a month of Maduro’s new economic measures, what’s life like on the formerly crowded streets of Caracas? Lots of closed shops, and not a lot of hope.
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