The Great "Excess Reserves" Swindle
Quico says: The idea that the Central Bank’s International Reserves are a kind of “rainy day fund” where the government puts away some of its dollars so it...
Hey, what's one little Order of Magnitude between friends?
Quico says: Hat tip to Miguel for remembering that, at one point in 2006, the government was boasting that the “Bolívar Fuerte” would bring inflation down to 3%...
The $40 Billion Hole
Quico says: The perceptive among you will have noticed that I haven’t been blogging about next month’s Infinite Reelection Referendum. There’s a reason for that: I don’t think...
FIEM Fatale
Quico says: The thing that makes chavismo’s unreadiness for the looming economic shitstorm (a.k.a. Hurricane Feces) genuinely unforgivable is that Venezuela had the institutional mechanism it needed to...
The opposition's Gaza non-strategy
Juan Cristobal says: Over the years, we’ve grown used to Chavez hurling insults at us for things real and imaginary. We’ve gone from adecos, to escualidos, to vendepatrias...
This whole damn government is like one big 404 error
Quico says: So, um…happy 2009, everyone! (Well, here’s hopin’, anyway…) A lot has happened in the four weeks we’ve been off, but probably none of it will turn...
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