It's easy: socialism happened.
And this is what happens to bad governments that experiment with socialism, wage wars, or otherwise ignore the laws of good governance and sound markets:
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21/1/2019 08:54:07 am
In terms of equity market, we can notice that Venezuela is not performing good if we are going to compare it to their performance before. Of course, the Venezuelan government as well as the whole community should be alarmed with this matter because it should not be happening in the first place. That means, there must be multiple reforms that must be done, specifically with how they deal with business and growth of their country. The could be a perfect time to regain themselves!
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AuthorPavel Kohout (1967), investor, writer, photographer and application developer (Android, Windows, macOS). Based in London and Prague.
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