Cash-Strapped Venezuela Borrows From Itself In "Mysterious" Deal

HFA Padded
Rupert Hargreaves
Published on
Updated on

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. Venezuela – Bolivar lost 64%… in a month; Ten years of silver market manipulation. Deutsche Bank shows evidence And More Barclays: Venezuela Liquidity Tightens Even Further As Social Unrest Continues Socialist Venezuela Raids Santa’s Workshop As…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk