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2021-10-02 Caribbean-Latin America

A million bolivars become one as Venezuela recalibrates battered currency

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Posted by Fred 2021-10-02 00:00|| || Front Page|| [4 views ] Top
File under: Commies

#1 I recall Krugman at NYT saying that while the bolivar was low it was a great investment opportunity. Wonder how much he bought. A lot, I hope.

Posted by ed in texas 2021-10-02 12:09|| 2021-10-02 12:09|| Front Page Top

#2 Years ago my Insurance Agent, who has no fiduciary responsibility to me unlike a broker, showed me an "International Fund" he wanted me to buy into. Flipping through it I noticed that they invested in Venezuela Stocks (this was under Hugo Chavez's early reign) -- I mentally *snorted* and told him that "I already have a broker so 'No, not interested'."

Posted by magpie 2021-10-02 12:54|| 2021-10-02 12:54|| Front Page Top

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