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Venezuela Sky is Falling

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  • #1

    Venezuela Sky is Falling

    “The lower oil prices increases the probability of default and the timing for default but the perception of recovery value for the longer maturity bonds is more a function of medium term trends for oil prices (and hence a lower correlation between oil prices and bond prices). Unfortunately, we still expect oil prices as the main driver for bond prices on what remains policy incompetence with a preference for financing the balance of payments deficit as opposed to overhauling the structural imbalances that would reduce import dependence and grow the non-oil economy.”


    http://blogs.barrons.com/emergingmar...l-price-falls/



    The plummeting price of oil is giving the economies of Russia, Iran and Venezuela a strong smack upside the head.

    And while the resulting crises before Russian President Vladimir Putin, the ruling clerics in Iran and the successor to Hugo Chavez in Venezuela won't engender much sympathy from many corners of the world, what those leaders may do in response has a number of foreign policy analysts worried.

    http://www.foxnews.com/politics/2015...ore-dangerous/
    THERE IS ONLY ONE ONANDI LOWE!

    "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


    "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.
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  • #2
    Gas in my neighborhood is $1.98/Gal.

    Take 10cents off if you use your Kroger Supermarket card.
    The only time TRUTH will hurt you...is if you ignore it long enough

    HL

    Comment

    • #3
      What say you about Venez economy , yuh can ask Sass at your peril...hehe
      THERE IS ONLY ONE ONANDI LOWE!

      "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


      "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

      Comment

      • #4
        What can I tell you. I told you long time "Bird can't fly on one wing" Economic diversity is important, something they never seems to do and build their economy. Country can't depend on government distribution when they have one source or no source of income. That is dangerous. Let us see what they do now.
        • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

        Comment

        • #5
          It is always a good idea to read the business press with a critical eye. In the case of countries where media bias is unusually strong, it can also be quite profitable for investors to do so.

          Does anyone believe that a government with $50 billion in oil revenue (at the current price of $54 per barrel) can't pay $5 billion in interest?


          Mi belly.....Facts !


          http://www.huffingtonpost.com/mark-w...b_6430602.html
          THERE IS ONLY ONE ONANDI LOWE!

          "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


          "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

          Comment

          • #6
            ok well let them pay it. It nuh matter hat you have in reserves. If you have nothing in hand you will be selling your soul.
            • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

            Comment

            • #7
              Over 14 years dem stop sell dem soul.IMF fi kip out.
              THERE IS ONLY ONE ONANDI LOWE!

              "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


              "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

              Comment

              • #8
                They were just in China seeking financial help....The thing is, China benefits from the low oil prices, so it will be interesting to see how much they help & what will be the terms of this "help".

                Comment

                • #9
                  They have been to China for awhile,Brazil too to a lesser extent. Venez have been trying to diversify post IMF.Babylon media rejects this.
                  THERE IS ONLY ONE ONANDI LOWE!

                  "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


                  "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

                  Comment

                  • #10
                    This visit was different. There's a difference between working together for mutual benefit & come asking for help/to be bailed out.
                    - Watch the ride

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