As it was informed by "Market Leader (US)"
Venezuela: outlook for investors
For many years mass media from different parts of the world have been highlighting the situation in Venezuela. Sometimes the highlights are controversial: some media report that Venezuela is one the verge of economic collapse (According to Forbes, it is one of the world’s 10 worst economies). Others report that in terms of GDP-per-capita it is Latin America’s number 3 ($12 600), thus yielding only to Chile and Argentina. It is also Latin America’s 3rd biggest economy after Mexico and Brazil. It is reported that in the first half of 2011 Venezuela’s GDP gained 4.5%.
Therefore, these days Venezuela seems to be a striking example of how a country can live without US advisors and their subsidies ,especially against the background of continuous protests against “financial terrorism” in the USA and Europe.
Obviously, the truth, as usual, lies somewhere between the 2 extremes. Yet there are no other people who need this truth as desperately as investors. Investments always carry certain risks, it is vital for an investor to make a comprehensive analysis of the economic model of the country he/she is going to invest in. it is crucial to define all the strengths and weaknesses.