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Gil, Venezuela is hardly broke, just a glance at the following post should convince you: http://agoracom.com/ir/Crystallex/me... Those results are not of a near broke country but perhaps of a spend-thrift one.
Where I agree on is that Vz's left hand gets in the way of the right hand because of lack of planning and more profoundly lack of ability to do that planning and carry it out in a timely manner.
