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Venezuela on the Verge of Default — The Main Idea

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There's an 80 percent chance Venezuela will default on its bond payments in 2016, estimates Moody's. But Venezuela still has a lot of oil to cash in on. Does a regime change loom? Experts weighed in at an AS/COA panel.Watch the full panel: https://www.youtube.com/watch?v=Z2E0x...Learn about our Venezuela Working Group at www.as-coa.org/venezuela

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bankruptcy default failure insolvency receivership Chapter 11 defalcation destituteness destitution disaster exhaustion indebtedness indigence liquidation loss overdraft pauperism repudiation ruin ruination exiguousness famine infrequency meagerness need paucity poverty rareness scantiness scantness shortage slim pickings sparsity uncommonness want bug deficit demerit failing flaw frailty glitch inability to hack it insufficience scarcity sin arrears dead horse due bill dues in hock in the hole in the red red ink shortfall underage evade welsh stiff repudiate skip bilk rat skate fail shirk dishonor defraud swindle welch leave town meet under arch put on the cuff run out on see in the alley skip out on pay finish succeed give meet face complete achieve accomplish wealth solvency richness win accomplishment plentifulness luxury deficiencies superfluity faultlessness surplus superfluousness Default enby enby affecting breathtaking climactic comic dramaturgic dramaturgical effective 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