RE: Venezuela's new national currency backed by Petro begins trading in August

You are viewing a single comment's thread from:

Venezuela's new national currency backed by Petro begins trading in August

in crypto •  6 years ago  (edited)

The move may bring much needed stability to the economy (in the short-term), but at what cost? The petro dollar has many problems of its own. Maduro may not be fully prepared for the consequences. This move will not deter the US from continuing to ruthlessly acquire Venezuelan oil; but climate change will devastate its people.
Source

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!