Posts Tagged ‘Mad Men’

Hugo Chavez is doing to his own country what the U.S. is trying to do to North Korea, says Daniel W. Drezner:

Financial Times’ Benedict Mander reports that Venezuela’s new currency controls are affecting its import sector in a really sensitive area:

Unable to access enough dollars, local importers are feeling the pinch across a wide range of goods, from Scotch whisky, the nation’s favourite drink, to luxury foods and swanky cars…. [...]

The irony, of course, is that Venezuela is doing to itself what the United States has been trying to do to North Korea for years (and re-emphasized in the past few months) — denying access to luxury goods for the elites.

Daniel W. Drezner: Venezuela self-imposed Mad Men sanctions