Venezuela's Plan A Not Expected To Work, And Without A Strong Plan B, "Messy Debt Default" Expected

There is a “Plan A” for the oil-rich nation of Venezuela in its $60 billion debt restructuring.  But odds are the socialist nation, which once attempted to force private companies to produce goods at a loss to keep down inflation, is on the road to a “messy” debt default, according to Deutsche Bank analysis.

The Venezuelan government didn't believe free market powers and supply and demand constraints existed, and now it pays the price
A . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up today and get three months free

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 10/31/2019 or after next 25 20 subscribers take advantage whichever comes first – please do not share this discount with others