Tag Archives: debt

The Final Countdown for Venezuela

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Over the past year, as we already know, the S.S. Chavez, steered by his successor Captain Maduro, has sprung a leak deep below the waterline and begun to sink. Then, perhaps, was it controlled; the pumps were still trying their best to displace the seawater surging into the bowels of the ship and the passengers were calmly and orderly boarding… Read more »

For Venezuela, a Debt Default Trigger Is Armed

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STRATFOR: A number of recent developments, protests on Thursday notwithstanding, have raised the odds that Venezuela could default on its foreign debt repayments, triggering a cascade of events that would destabilize the country. Though the country has lived with the specter of default for years, Venezuelan officials have shown a willingness — given the existential threat that a default would pose to the… Read more »