Thursday, January 06, 2011

Congratulations, Venezuela!

According to the Economist, exactly 5 countries are forecasted to have a shrinking economy in 2011. Only two of them are PIIGS (Portugal & Greece). Two others are small islands (Barbados & Puerto Rico).

The other is Venezuela, who is forecasted to do worse than Spain, Iceland, Ireland, and Italy (among many many others).

Nice work Hugo!


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