Venezuela replaces hardline economic czar after 1 month

[Bacchus4.0]

http://news.yahoo.com/venezuela-replaces-hardline-economic-czar-141147762.html


CARACAS, Venezuela (AP) — Venezuela's President Maduro has replaced his economic czar just five weeks after appointing the hardline leftist as the country grapples with increasingly bleak economic indicators and fears of default.


Maduro said Monday Luis Salas is leaving his post as vice president for the economy for family reasons.

He will be replaced with a more business-friendly figure, Miguel Perez, who had been serving as commerce minister. Perez previously led a business chamber and has said that Venezuela must simplify its byzantine exchange rate system.

Salas had sparked concern among the opposition by blaming the Venezuela's mounting economic problems on sabotage. Salas said the country was suffering from the world's worst recession and triple-digit inflation because business interests are colluding with the U.S. to sabotage the economy.

[COLGATE4]

1. Rearranging deck chairs on the Titanic.

Maduro doesn't have a clue as to what to do (except hold on to power, no matter what the costs to the Venezuelan people). He'll continue to flounder and become increasingly unstable as the economy continues to swirl the bowl.

[Bacchus4.0]

2. A fascinating choice to begin with. He didn't "believe" in inflation

Its like not believing in Ted Cruz will make it go away.

[COLGATE4]

3. It's a kind of karma. He didn't believe in

inflation - Inflation didn't believe in him!