Showing posts with label Venezuela. Show all posts
Showing posts with label Venezuela. Show all posts
Thursday, April 28, 2016

In Socialist Venezuela, Even Money Printers Run Out of Money to Print

›
When governments spend more than the tax revenues and or resources it generates, they eventually first run out of money. And if they contin...
Saturday, September 26, 2015

Venezuela’s Socialist Disaster: Stock Market Crashes as Recession Deepens, Heightened Risk of War with Columbia

›
While updating on the end of week quotes of global stocks, I discovered that the once sizzling hot Venezuelan stock market has recently cra...
Saturday, June 13, 2015

Dead Currency Comes to Life: Zimbabwe Dollar as Souvenir Item, Venezuela's Bolivar next?

›
The defunct Zimbabwe dollar has more value on the marketplace as souvenir item than what their central bank has offered to demonetize it. ...
Tuesday, June 10, 2014

Venezuelan Hyperinflation: Prostitutes as Currency Traders

›
Implied inflation rates in Venezuela has been about 153% as against official rates of 59.34% (as of March 2014). This is based on estimates...
Friday, February 21, 2014

Consequences of Inflationism: Caracas (Venezuela) and Kiev (Ukraine) Burns

›
Sad to see of what seems as escalating political instability around the world (mostly in emerging markets). The backlash from hyperinfl...
Tuesday, December 03, 2013

The Pope and Populist Politics

›
Pope Francis plays populist politics by supposedly taking on an economic stand . Some people continue to defend trickle-down theories wh...
1 comment:
Wednesday, November 13, 2013

Venezuela’s Hyperinflation: When Fair Prices equals Government Sanctioned Looting

›
Here is a recent video of looting in action No this isn’t from Tacloban, Leyte Philippines. This is from Venezuela. (video from ...
Monday, October 28, 2013

Phisix: The Implication of the US Boom Bust Cycle

›
We are big fans of fear, and in investing, it is clearly better to be scared than sorry. -Seth Klarman Stock markets of the US and se...