Venezuela, a country of 30 million, has been in a state of economic bedlam since strongman socialist Hugo Chávez succumbed to cancer a year ago. His successor, former vice president and bus driver Nicolas Maduro, has a penchant for sub sandwiches and the teachings of an Indian spiritual guru with an afro. The stock market is up 483 percent in the past year, largely because people holding depreciating Venezuelan bolivars seek any store of value and traders bet on the end of Chavismo and/or a return to some semblance of capitalistic rule of law. More...
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