Venezuela’s Oil, Bankruptcy and Cryptocurrency – VisualPolitik EN

Venezuela’s Oil, Bankruptcy and Cryptocurrency – VisualPolitik EN


Venezuela is undergoing some of its worst moments.

This disaster is so huge, that what once was one of the largest and most powerful oil companies in the world, PDVSA, the Venezuelan oil company, is now undergoing really difficult times, and is even close to bankruptcy.

And it is precisely at this difficult moment that Nicolás Maduro’s government has had its latest idea: launch its own cryptocurrency, the Petro, to try to finance itself. In this video we’ll tell you what’s happening with PDVSA, what we can do with the Petro and what the consequences are for Venezuela.

And don’t forget to visit our friend’s podcast, Reconsider Media:
http://www.reconsidermedia.com/

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