Monday, May 9, 2011

29 Weeks Pregnant With Pressure

How rich economy may be declining?

Visiting by Venezuela to promote his debut in CNN Money, Xavier Serbia, spoke with Ivan Mendez (Opinion and News ).

For former Menudo and former Project M, a specialist in finance and driver with Gabriela Frias, space CNN Money, "the economy is an exciting area that makes the difference between leading a full and independent life or other distress and poverty."

During the press conference, Xavier Serbia would not argue on the Venezuelan economy, indicating that is just starting to study "the economic anatomy of Venezuela."

however, could not resist the temptation to ask why a country so rich "oil power, have frequent shortages of electricity. Keep in mind that 70% of electricity comes from hydroelectric plants, means that we will have to step up hydroelectric theme, as if power production is affected. "

On inflation, he wondered "how can a rich economy, with a power as important as oil, has a projected negative growth in the IMF at -4%. Why is this happening? Here comes the complexity of the anatomy and the Venezuelan economy, which now study. Yesterday I was trying to understand what causes the problem of inflation and a theoretical explanation is that this is caused by the high notes and the growth of oil revenues ... And maybe then they are caused by government itself. "

Lean: Xavier Serbia: money does not come with instructions in Opinion and News

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