A Meeting About Nothing
The hotly trailed meeting with Bondholders at Palacio Blanco amounted to a boring speech by Tareck, barely different from the usual stream of propaganda pablum on Venezuelan State TV. God help us all.
(Almost) Difol Chronicles
The government's never going to tell us what really happened behind the scenes of this week's near-default drama...so we have to imagine how it went down Tropical Mierda-style, instead.
Suicide Musical Chairs
The Maduro administration just appointed new people for the handling of our economy. And the appointments are full blown suicidal.
PDVSA’s Basket Case
The government seems to think the cheap calculator trick in switching from dollars to yuan amounts to a financial strategy. They’re so far gone, they can’t even recognize hollow posturing for what it is anymore.
The Only Humanitarian Solution
As Francisco Rodríguez calls for the AN and the ANC to jointly approve new debt, we wonder who’s left out there who would lend to Venezuela with legislative authority, but not without it.
The Chinazo of Venny Bonds
The Chinese may be throwing a lifeline to the Venezuelan government through a fishy deal, again sinking the country further into misery and helping Maduro remain in power at all costs.
Flying Away from Here
The question is not why airlines are leaving Venezuela, but how come they stuck around so long.
The $400,000,000 Protest Movement
Decision 156 – the Supreme Tribunal blunder that launched the protest movement in March – is back, this time as legal cover to a shady, $400 million shenanigan.
An Inconvenient Fact: Not all debt requires National Assembly approval
The claim that “new debt cannot be contracted without Assembly approval” has been one of the opposition’s most effective lines of attack against. Unfortunately, as a matter of law, it’s mostly wrong.
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