Venezuela’s Default Disaster0
- Economics
- November 20, 2017
Socialism always promises heaven and gives hell. In the early hours of Thursday, November 2, the Maduro regime certified its latest failure with what they promised would never happen: technical default. With his usual arrogance, Maduro issued a “decree” demanding “the refinancing and restructuring of the debt as of November 3.” That is, default. The bad news for
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