July 25, 2024

As Venezuelans Starve, Luxury Dollar Economy Booms in Caracas

Retrieved

“In a way, it’s an escape valve so the ruling class that’s increasingly surrounded can access luxury goods and services with a certain quality of life to prevent it from starting to think about a way out,” he said. “It maintains civil and military loyalty.” By Patricia Laya and Alex Vasquez. Full Text -> Bloomberg

Translation/ Traducción