Venezuela Picks On Colombia As Inflation Mounts

As inflation in Venezuela skyrockets and Venezuela President Nicolas Maduro taps China for dollars, autocratic government tactics — like the closure of the border with Colombia to elicit patriotism — detract from domestic economic worries in the oil-starved economy and could backfire.  So writes Siobhan Morden, head of Latin America strategy for Jefferies. With an eye on Venezuela’s December presidential election, Morden says things will “get worse before they get better,” adding: More…