In Venezuela Bond Market, Gunmen and Bags of Cash Are Required
bloomberg.com
In what is perhaps the tiniest and almost certainly the most primitive bond market in the world, default isn’t the greatest risk that investors face. Mugging is.
Ferdi Zebua
1105 days ago
The current Investment & finance situation in Venezuela today, where the US dollar, in cash, is the defacto default currency in the streets as the Venezuelan local currency has devalued and the local banking system rendered electronically ineffective...