Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Ana Vanessa Herrero

๐Ÿ‘ค Speaker
241 total appearances

Appearances Over Time

Podcast Appearances

Today, Explained
Fear and uncertainty in Venezuela

Everyone is getting ready just in case we're going to have to suffer 2016, 17 or 18 again.

Today, Explained
Fear and uncertainty in Venezuela

Those years Venezuela experienced hyperinflation of over a million percent.

Today, Explained
Fear and uncertainty in Venezuela

That is well deep inside our memory, and now the diplomatic tension is not as important.

Today, Explained
Fear and uncertainty in Venezuela

It's not part of the conversation.

Today, Explained
Fear and uncertainty in Venezuela

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.

Today, Explained
Fear and uncertainty in Venezuela

Do I, you know, does the money that I have, should I save it?

Today, Explained
Fear and uncertainty in Venezuela

Should I spend it?

Today, Explained
Fear and uncertainty in Venezuela

Should I buy the gifts for Christmas?

Today, Explained
Fear and uncertainty in Venezuela

What should I do?

Today, Explained
Fear and uncertainty in Venezuela

And every threat affects the markets, affects all investments.

Today, Explained
Fear and uncertainty in Venezuela

But remember, the economy was collapsing.

Today, Explained
Fear and uncertainty in Venezuela

And last year, we started seeing some small changes for the better.

Today, Explained
Fear and uncertainty in Venezuela

Those were because of the cash flow on the streets and because of small investments.

Today, Explained
Fear and uncertainty in Venezuela

You know, people with, you know, some sort of money started creating small businesses and the economy was moving, was flowing.

Today, Explained
Fear and uncertainty in Venezuela

It doesn't mean that the economy was thriving, but, you know, we did see some changes.

Today, Explained
Fear and uncertainty in Venezuela

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.,

Today, Explained
Fear and uncertainty in Venezuela

attacks Venezuela.

Today, Explained
Fear and uncertainty in Venezuela

How can you survive without that money?

Today, Explained
Fear and uncertainty in Venezuela

So now people are trying to save the money that they have just in case something happens.

Today, Explained
Fear and uncertainty in Venezuela

And that is affecting the economy, the day-to-day economy.