My wife has a good friend who married into a wealthy Venezuelan family that made pharmaceuticals. I’ll bet they took their money out of the country as soon as it was clear that Chauvez would win. Within 5 years Venezuela will be in financial trouble because NOBODY is going to invest in a country where your property can be stolen by the government without notice.
“in a country where your property can be stolen by the government without notice.”
Hey, he’s giving notice. In the case of steel, 24 hours.