Posted on 05/17/2016 5:24:12 PM PDT by ameribbean expat
MIAMI -- For the second time, Venezuela has failed to pay mining company Gold Reserve the $750 million it has been awarded for Venezuela's expropriation of its gold mining operation in 2007.
(Excerpt) Read more at laht.com ...
maybe the company will accept payment in toilet paper?
oops, sorry, I forgot that Venezuela has a TP shortage, too
they probably are using all their TP to print their currency on?
soon USA will have to do same...
I’m just checking here - this is a judgment against a country which can no longer afford to pay for it’s money to be printed, right?
Capitalist running dogs thought they would get paid?? Your mining company counts as “other peoples’ money” and the great socialist revolution has need of it.
Or else what?
9 years of “or else”...
On the other hand, that’s when companies get deeply involved with the political opposition in hopes of getting something. Get enough companies to build a critical mass, things can flip pretty quickly when a govt is out of money and outsiders are putting cash on the barrel.
Or else, Mr. Poopypants will pay a visit to the President. Whoops! no food.
I’d like to see more of those hot Venezuelan babes immigrate to the US. We could use immigrants like that.
Not enough people know about that.
Venezuela hired a company to print its money, but can’t afford to pay for the job - and the money is so worthless the printing company couldn’t just withhold the payment amount.
How is that Socialism working for you?
” the money is so worthless” that every denomination costs more to print than it’s worth except the 100 Bolivar note, which is worth about 10 cents U.S. Nonetheless, the ex-bus driver El Presidente Maduro refuses to allow larger notes to be printed because that would “encourage inflation”.
Maduro does not seem smart enough to be a bus driver. Politics must be the last refuge for a dumb ass.
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