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Venezuela About To Run Out Of Food Despite Fresh All Time High …

Venezuela can be proud: while the US stock market has gone exactly nowhere in 2014, the Caracas stock exchange of the socialist paradise has continued kicking ass and taking names, just today printing a fresh all time high… And the performance over the past year has been nothing short of breathtaking.However, as everyone knows, there are trade offs to soaring […]

January 22, 2014 ByTyler Durden , , , , , , , Comments Off on Venezuela About To Run Out Of Food Despite Fresh All Time High … read more

Soaring Stock Market Fails To Fix Venezuela's Shortage Of Food (Or …

Having just missed out of +500% returns in the Caracas stock market last year, the reality of a hyperinflating world continue to cause chaos in the real world of Venezuela. As Bloomberg reports, the bolivar’s 73% decline against the dollar on the black market in 2013 is fueling contraband and worsening shortages of food and consumer goods in a country […]

January 8, 2014 ByTyler Durden , , , , , , , , , , Comments Off on Soaring Stock Market Fails To Fix Venezuela's Shortage Of Food (Or … read more