No Venezuelan economist comes close to stirring the passions FRod does. We work through the reasons why, teasing out the silly from the serious, and the merely serious from the absolutely unacceptable.
There are more chavistas controlling, restricting, overseeing and threatening other people’s productive work than there are chavistas actually working and producing themselves.
Oil-for-loans was supposed to be a win-win proposition. New numbers confirm our fears that it’s turned into a lose-lose nightmare.
State-owned companies in Venezuela report losses that exceed allocated budgets for health, education, housing and social security. Oh, and we don't know how many state-owned companies there are. Iceberg, meet tip.
One more year of revolution, one more annual budget. Where is Maduro getting all his money and how does he plan to spend it? Anabella giddily takes one for the team.
As National Assembly member for PJ José Manuel Olivares calls for new price controls on private health clinics we ask: have we learned nothing? Like, literally, nothing?
Miguel Angel Santos and Douglas Barrios get specific on a question we usually answer in airy generalities.
There's an underpaid intern somewhere in a BCV basement office trying his damnedest to make our exchange rate spread look like a random number. He's failing.
Dumb and Dumber and Dumbest...and Then Even Dumber Still Somehow
How do you borrow money without borrowing money? By selling a bond while formally agreeing to repurchase it three years later.
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