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Bolivia, Chile, Venezuela: Surplus Investment

Categories: Latin America, Bolivia, Chile, Venezuela, Economics & Business, Environment, International Relations

In a rare English-language post, Guccio reveals his theory on Venezuela's foreign investment of surplus oil revenue [1]. Noting that Chile invested its copper revenue surplus in foreign banks, he suggests, “if for Chile the best option were to save in a bank, it seems that for the Venezuela, the best option is to put that money in Bolivia.”