As the US practically decrees a Maserati in every garage, it would seem the Venezuelan version of socialism is not encouraging its wealth redistributed, price-managed, margin-controlled, centrally-planned citizens to buy cars… January saw the lowest volume of car sales ever on record at 722 (not ‘000s) having dropped 87% year-over-year. At least they have record high stocks and toilet paper… oh wait…
Is The US today where Venezuela was 6 years ago?
Data: Bloomberg
via Zero Hedge http://ift.tt/1bzNe22 Tyler Durden