Once again, the adversaries of chavismo face a crossroads: do they take part in the announced illegal parliamentary elections, a trap, or do they just stay aside and wait for a miracle? But things aren’t exactly as they seem
Did the exchange controls end, as some have said, when the regime announced the new scheme of mesas de dinero? Here’s the real score (SPOILERS: You still can’t freely exchange currency).
It's the debate that won't go away: what is it about chavismo that so thoroughly wrecked Venezuela? Is it Marxism? Crime? Incompetence? It's none of those. It's the populism
Out of dollars, the government tries to entice Venezuelans to bring their own.
We can’t tell if the exchange controls are dead until we open the box. For now, it sounds more like the same old words they spew when they need money, than the end of controls over our own money.
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