Odd Lots

Here's What Could Happen to Venezuela's Messy $170 Billion of Debt

January 8, 2026·35 min·5-min readconversationalbusiness
Podzilla Summary (5 min)
TLDR
Venezuela's sovereign debt, totaling between $150 billion and $170 billion, has been in default since 2017 due to U.S. sanctions and political instability. The market has recently priced in a potential restructuring, with bonds rising from 5–10 cents on the dollar to over 30 cents, reflecti

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Guest

L

Lee Buchheit

conversational on Odd Lots

Mentions

Books, people, and resources mentioned in this episode.

People

Lee BuchheitTracy AllowayJoe Weisenthal

Books

Paybackby Margaret Atwood

Companies

PDVSAIMFWorld Bank

Topics

Business NewsEconomicsGeopoliticsNegotiationVenture Capital

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