BBC Business Today - Lee Robinson on impact of Maduro arrest on bond prices

Following the US intervention in Venezuela over the weekend of 3 January Lee Robinson spoke on BBC Business Today,

He made the case for why he believe sthere is still so much upside to come.
“Venezuela is not a normal country - a lot of countries that have dollar denominated debt don’t export dollar-based commodities. Venezuela was generating ~ $100bn of oil revenues 10 or 12 years ago on debt that was around $150bn - so their GDP was three times their debt, which compared to Western economies would be seen as incredibly high credit quality. Sadly that was all squandered.”

You can see the interview here