Thursday, November 16, 2017

Venezuela’s economy is on the brink of default. Here’s what that actually means.

Venezuela's economy is on the brink of default. Here's what that actually means.

Venezuela’s economy has been unraveling for years. Citizens wait in long lines to buy food and other necessities. Hospitals lack basic supplies and medicine. According to the International Monetary Fund, inflation will hit 650 percent this year and a whopping 2,300 percent in 2018. Things are so bad that the average Venezuelan has lost nearly 20 […]

Source: http://www.washingtonpost.com/blogs/worldviews/wp/2017/11/16/venezuelas-economy-is-on-the-brink-of-default-heres-what-that-actually-means/

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