3 ordspråk av Morgan Harting

Morgan Harting

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There are many signs that the economy is growing briskly. Government spending is rising and many of the funds are being transferred directly to social programs, whose recipients tend to spend as soon as soon as they receive the funds.

It makes sense for Venezuela to repay some debt. With the fiscal reserves amassed in the last three years, it could repay nearly all of its international debt in one swoop.

In the next six months, we are likely to see Venezuela repurchase its debt. They may be looking to repurchase debt with high coupons and collateral that can be released.

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