Just when the crisis in Venezuela could not get any worse, Nicolas
Maduro carried out one of the greatest currency devaluations in history.
Maduro’s announcement on August 17, now referred to by analysts as “Red
Friday,” shows how desperate, cash-strapped, and twisted the regime
truly is. As the country faces one of the most uncertain weeks of its
history, what comes next for Venezuela (and its neighbors) could be
catastrophic....
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