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Zorro

(15,740 posts)
Sun Jun 7, 2015, 11:36 PM Jun 2015

'Paradise for $20': hardy tourists enjoy Venezuela cash bonanza

Fears of being kidnapped or not finding toilet paper are not much of an incentive for a holiday in Venezuela.

Yet hardy travelers undeterred by the tales - real and exaggerated - of crime and shortages are finding the South American nation an absurdly cheap destination.

That is thanks to exchange controls skewing the economy in favor of anyone with foreign currency, meaning you can hire a boat to a Caribbean island for $15 a day, or trek through Andean mountains or Amazon jungle for a week, with porters, at $125.

A decent hostel at a popular beach may cost $5 a night, while two people can have a three-course meal with wine for $10.

http://news.yahoo.com/paradise-20-hardy-tourists-enjoy-venezuela-cash-bonanza-120948858--business.html

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'Paradise for $20': hardy tourists enjoy Venezuela cash bonanza (Original Post) Zorro Jun 2015 OP
But don't you see? It's the oligarchs' "economic war" that has caused the Bolivar's decline! Marksman_91 Jun 2015 #1
 

Marksman_91

(2,035 posts)
1. But don't you see? It's the oligarchs' "economic war" that has caused the Bolivar's decline!
Mon Jun 8, 2015, 01:35 AM
Jun 2015

At least that's what our resident Chavistas here who have no formal education on how economics work would say.

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