RE: A world of chaos = we all get cash from chaos = if? Venezuela - SPEAK UP PLEASE.

[sashy]

Tnak you very mucho, there a lot of interest of of Russia and China, they have business with Maduro goverment a lot of oil debts.

Comments

[shepz1]

Yes I have read about the repayments in oil to both of the above.

[bifilarcoil]

How much money do they get per gallon? And how much gallons are being shipped?

[shepz1]

Lots, though China always seems to get theirs on time, the same can not be said for Russia.

Venezuela has struck oil-for-loans deals with China and Russia, and those countries together have lent Venezuela at least $50 billion in exchange for promised oil and fuel deliveries.

https://www.cnbc.com/2017/05/26/why-the-venezuelan-government-is-throwing-its-people-under-the-bus.html

[bifilarcoil]

I just learned something thats interesting:

Lastly, Venezuela won't default on its debt because "many high-ranking government officials and their associates are bondholders," said Moya-Ocampos of IHS, who noted it's "not too common" for high-ranking officials to own their country's debt.