President Nicolas Maduro now has the money to invest in diapers and food for its people. No clue how he gets a return on that or how China will ever get its money back.
1 posted on
04/20/2015 2:09:24 AM PDT by
dila813
To: dila813
The government will blow through $5bn in a couple hours and be left in the same situation. Injections of cash (whether to countries, states, or cities) never improve economic conditions -- that only happens through the wise investment of capital.
China never gets its money back, but it does gain another toe-hold in the Americas.
2 posted on
04/20/2015 3:17:16 AM PDT by
BfloGuy
( Even the opponents of Socialism are dominated by socialist ideas.)
To: dila813
Toilet paper for everyone, comrades!
5 posted on
04/20/2015 4:51:22 AM PDT by
Caipirabob
(Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
To: dila813
In January, Maduro visited Beijing and said China had agreed to more than $20 billion in investments in Venezuela. Maduro did not say if the financing announced Sunday was part of that amount. It's so very Orwellian-chocolate-ration like.
7 posted on
04/20/2015 5:36:22 AM PDT by
Flick Lives
("I can't believe it's not Fascism!")
To: dila813
$5 billion. That’s a lot of toidy paper.
10 posted on
04/20/2015 7:48:30 AM PDT by
HotHunt
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