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Latin America

joshcryer

(62,536 posts)

10. Not necessarily, it's just super high risk.

Reply to COLGATE4 (Reply #3)

Wed Mar 27, 2013, 09:27 PM

Mar 2013

If DR decides to default in 20 years then, yeah, the oil would've been given away, but as it stands now it's basically a gift with a long term IOU hanging out there. It's bad policy, of course, but it's helpful at buying allies.

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Petrocaribe: Paying beans for Venezuelan oil [View all] Catherina Mar 2013 OP

Straight forward barter. dipsydoodle Mar 2013 #1

It all depends on the reference prices naaman fletcher Mar 2013 #2

You know the answer to that. COLGATE4 Mar 2013 #3

Not necessarily, it's just super high risk. joshcryer Mar 2013 #10

I don't know, I don't even care Catherina Mar 2013 #4

Theoretically naaman fletcher Mar 2013 #5

Your concern for Venezuelan voters is touching. Really, it is. Brings a tear to my eye. idwiyo Mar 2013 #6

I'm not sure of your point, so I will adress it sentence by sentence. naaman fletcher Mar 2013 #7

I am really glad we both agree that Chavez was doing a really great thing by helping poor people idwiyo Mar 2013 #8

I am on Chavez's side naaman fletcher Mar 2013 #9

They'd have a right to know Catherina Mar 2013 #11

Agreed nt. naaman fletcher Mar 2013 #13

Beans for oil! How wonderful. Imagine how livid the old oil barons must sabrina 1 Mar 2013 #12