Venezuela proposes 'Bank of the South'

I assume you guys are opposed to this Venezuelan embrace of capitalism because you oppose Chavez. Is that correct?


Paul Hue said...

The only thing that I know about Chavez that I dislike is his embrace of socialism. Paying his nation's debt to the IMF, and creating a competing bank are two moves that I whole-heartedly endorse, with no reservations.

sixstringslinger said...

The WSJ has a slightly different, less optimistic view of Chavez: