Ana Vanessa Herrero
๐ค SpeakerAppearances Over Time
Podcast Appearances
Everyone is getting ready just in case we're going to have to suffer 2016, 17 or 18 again.
Those years Venezuela experienced hyperinflation of over a million percent.
That is well deep inside our memory, and now the diplomatic tension is not as important.
It's not part of the conversation.
It's a little part of the conversation, but most of the conversation revolves around, you know, if I'm going to have enough money to buy food if something happens.
Do I, you know, does the money that I have, should I save it?
Should I buy the gifts for Christmas?
And every threat affects the markets, affects all investments.
But remember, the economy was collapsing.
And last year, we started seeing some small changes for the better.
Those were because of the cash flow on the streets and because of small investments.
You know, people with, you know, some sort of money started creating small businesses and the economy was moving, was flowing.
It doesn't mean that the economy was thriving, but, you know, we did see some changes.
But now every person has some money to invest is really insecure of doing so because you don't know if, you know, if you spend or invest, what if tomorrow, you know, the U.S.,
How can you survive without that money?
So now people are trying to save the money that they have just in case something happens.
And that is affecting the economy, the day-to-day economy.