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Venezuela cuts dollar allowance for Florida trips
Yahoo News ^ | Joshua Goodman

Posted on 01/25/2014 7:11:08 AM PST by gooblah

CARACAS, Venezuela (AP) -- President Nicolas Maduro's government is slashing the amount of U.S. dollars Venezuelans traveling to Florida and other popular destinations take with them under decade-old currency controls.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Foreign Affairs; News/Current Events
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1 posted on 01/25/2014 7:11:08 AM PST by gooblah
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To: gooblah
http://freerepublic.com/focus/f-news/3115540/posts

:)

2 posted on 01/25/2014 7:18:19 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: gooblah

For the past few years, Venezuelans who CAN have been fleeing to Florida and buying real estate and homes with CASH....the market has been soft AND they don’t want to hang on to their wealth in that Chavez hell hole.


3 posted on 01/25/2014 7:21:53 AM PST by SoFloFreeper
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To: gooblah

The Disney Corporation filed suit yesterday against the President of Venezuela saying, “There can only be one Goofy, and if the President of Venezuela is going to act like this, then he’ll have to be in our parades!”


4 posted on 01/25/2014 7:28:51 AM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: gooblah

Currency controls are coming to the US. When is the only unknown.


5 posted on 01/25/2014 7:34:10 AM PST by ChildOfThe60s ((If you can remember the 60s.....you weren't really there)
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To: ChildOfThe60s

My only interest in bit coin is as a possible way of getting my money out of this country if things keep heading south.


6 posted on 01/25/2014 8:08:17 AM PST by dangerdoc (I don't think you should be forced to make the same decision I did even if I know I'm right.)
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To: ChildOfThe60s

I don’t think so.

The size and number of global companies with money and offices and other facilities so widely scattered will make the controls so full of holes they will be mostly ineffective.

Additionally, I think there are as many if not more US$ already off shore than here.

Absent abandoning the US$ there can be no effective flow control.


7 posted on 01/25/2014 8:15:45 AM PST by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: SoFloFreeper
Yup. They have been invading South Florida for years, even have their own Chamber of Commerce. Their numbers increased by more than 150 percent in 10 years. Which tells me all the smart ones have left or are poised to leave, leaving mostly the dregs to vote for the incumbent regime.

But three-quarters of the ones in Florida vote Democrat. Another group that had to leave because their own country got so bad, and now they are here trying to make our country more like their native hell hole.

8 posted on 01/25/2014 9:06:18 AM PST by La Lydia
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To: bert

You are talking about commercial. I’m talking about individuals. Restrictions on how much you will be able to move out of the country.

The monitoring of your precious metals purchases (already happening).

I’m also not speculating as to how effective any currency controls may be, just that they will come about.


9 posted on 01/25/2014 10:15:05 AM PST by ChildOfThe60s ((If you can remember the 60s.....you weren't really there)
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To: ChildOfThe60s
Currency controls are coming to the US. When is the only unknown.

And a lot of FReepers will approve. Best to keep our money here they'll say.

10 posted on 01/25/2014 4:46:42 PM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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