Showing posts sorted by relevance for query marcos torres. Sort by date Show all posts
Showing posts sorted by relevance for query marcos torres. Sort by date Show all posts

Tuesday, November 11, 2014

The Regime's finely honed art of lying: Marcos Torres and the non-devaluation news

Look, indicators are in deep red but we are groovy!
One must be in awe at the news this morning, reflecting an interview of our top economic minister to the the top chavista talk show.  General Marcos Torres who is now the one in charge of all the money in Venezuela has given a gravity defying performance, helped by Jose Vicente Rangel, the worst courtier of the regime. But there is already a clear interpretation beyond the words of the General. One, the regime is already hard into an electoral campaign that may come sooner than expected and two, as a General we can only by charitable by supposing he thinks the economy is just like the barracks; he gives orders, people obey, results are predictable.

To make sure you do not think I am making up what follows then, I will take my sources from two pro Chavez papers, Ultimas Noticias and El Universal. Also I am not going to comment on this as a financier which I am not but as a business person at ground zero.

Monday, July 18, 2016

Ways out of the mess, doubtful all, military for sure, recall it ain't

Last I wrote on ways to get out of this mess was June 11 (and April). Things have changed somewhat since these entries. Time to include recent developments.

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