Venezuela just defaulted, moving deeper into crisis

Venezuela just defaulted, moving deeper into crisis…

The South American country defaulted on its debt, according to a statement issued Monday night by S&P Global Ratings. The agency said the 30-day grace period had expired for a payment that was due in October.
A debt default risks setting off a dangerous series of events that could exacerbate Venezuela’s food and medical shortages.
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One thought on “Venezuela just defaulted, moving deeper into crisis”

  1. So much for the socialist utopia. Lefty journos in Blighty whom were praising it as the above are now claiming it wasnt real socialism.

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