Cash-Strapped Venezuela Borrows From Itself In “Mysterious” Deal – ValueWalk Premium

Cash-Strapped Venezuela Borrows From Itself In “Mysterious” Deal

Cash-Strapped Venezuela Borrows From Itself

According to the New York Times, as many as 200,000 Venezuelans have left their country in the past 18 months in an attempt to flee the rapidly deteriorating country. Food and energy shortages plague the country, inflation is expected to hit a staggering 1,500% in 2017, and the IMF believes the state's unemployment rate hit 17% at the end of 2016.


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