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Ipsofacto re Venezuela and Zerohedge

Posted by Mr.Copper @ 13:50 on August 1, 2017  

I read over the story, describing all the problems, and way down near the end was a hint of cause and reason, that imo should have been at the top of the story and in the headline. Falling Oil is also a RESULT of other things, not mentioned IE unstable currency problems.

Part:

The country’s economy has been declining since shortly after Maduro, the hand-picked successor to deceased socialist icon Hugo Chavez, took office in 2013, as years of economic mismanagement and collapsing oil prices squeezed the government’s access to foreign currency, sparking a vicious cycle of hyperinflation.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.