Sunday, April 08, 2018

The Petro Savior

I'm basically bookmarking this for future reference. A cryptocurrency news site has a story about Venezuela, focusing on the government's claim that Donald Trump's statements and actions against the Petro have served to double the number of investors. There is no reason to believe this, just as there is no reason to believe any of the government's claims about the amount of investment. Even the Russians are skeptical.

What I found more interesting was this bit of specificity:

“Petro’s impact will be felt within three to six months. We have already advanced fast. As the gringos know that we are going to quickly reorganize our economy, they attack the Bolivarian Government; but they will not stop the economy’s growth, they know it.

There you go: three to six months even with the "attacks." There is no reason to believe this either but it's more specific than the government tends to be.


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