The plan is ...

So what did Venezuelan President Maduro say yesterday after Venezuela suffered a heavy blow at the OPEC meeting? Basically, we will not cut anything significant in the budget. Social and military investment...

MaduroMarcoSo what did Venezuelan President Maduro say yesterday after Venezuela suffered a heavy blow at the OPEC meeting? Basically, we will not cut anything significant in the budget. Social and military investment – whatever that is – will not suffer. Not a single bolívar will be cut from the budget (hint: why would they? they can just keep on printing the bills for it). If they’re going to cut anything, it will be their own salaries.

Oh … and our Finance Minister Rodolfo Marco Torres is going to China for a “work meeting.”

So, the plan is to print money, borrow money, and lie.

We’re in safe hands, folks.

Top