While Protests Continue, Government Creates Third fx Market

With the nation in crisis mode and protesters becoming better organized, the regime has announced another new foreign exchange market. That makes three, plus the black market. Surely, that will restore peace, calm and prosperity. Not.

The Devil's Excrement


Life in Caracas right now is anything but normal. Last night, I tried to go to the supermarket at &:30 PM as I had little to eat where I stay, but just as I got there, they were closing, as students had started to protest in the neighborhood. Except for some crackers and a precious tangerine, that was all I ate through the Beirutesque evening near Plaza Altamira. Not a bad diet, if you want to look at the positive side.

Today, many people did not go to work, they could not get out of their neighborhoods or they decided they would not hassle the traffic in the evening another day. Thus, Caracas was quite empty, little traffic, quite nice. This despite the almost total blackout and censorship of the news.

But it is getting close to sunset and the student movement is doing their thing, actually moving around, trying…

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About danmillerinpanama

I was graduated from Yale University in 1963 with a B.A. in economics and from the University of Virginia School of law, where I was the notes editor of the Virginia Law Review in 1966. Following four years of active duty with the Army JAG Corps, with two tours in Korea, I entered private practice in Washington, D.C. specializing in communications law. I retired in 1996 to sail with my wife, Jeanie, on our sailboat Namaste to and in the Caribbean. In 2002, we settled in the Republic of Panama and live in a very rural area up in the mountains. I have contributed to Pajamas Media and Pajamas Tatler. In addition to my own blog, Dan Miller in Panama, I an an editor of Warsclerotic and contribute to China Daily Mail when I have something to write about North Korea.
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