Re:Venezuela’s Currency Has Had its Biggest Monthly Collapse
by Symbiote on Thursday November 24, 2016 @06:02PM
(#13033337)
The less reliable your country, the less likely foreign businesses are to extend credit. If European and American companies, who probably manufacture the machinery, see the risk is too high, they will demand full payment upfront.
Venezuela can't pay for its banknotes: http://www.bloomberg.com/news/articles/2016-04-27/venezuela-...