Venezuela Surpasses Weimar: Hyperinflation Expected To Hit 1,000,000% By Year End

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“The IMF also expects the Venezuelan economy to contract 15% this year, leading to a cumulative GDP decline since 2013 of 50%.  Venezuela’s collapse, while contained, is so profound it is now holding back the rebound of the entire region: while Latin America is expected to grow 1.9% this year, the number would be 2.5% without Venezuela according to Bloomberg.”

Read more: https://www.zerohedge.com/news/2018-07-23/venezuela-surpasses-weimar-hyperinflation-expected-hit-1000000-year-end

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