Just read that the national oil company, PDVSA, did not make an interest payment of over $400,000,000 on 11/22/16,. They do have a 30 day window, and supposedly some debt restructuring will free up more cash for interest payments. Since 95% of Venezuela exports are gas and oil, a default would cause chaos. I was wondering if anyone on the ground in Ecuador has seen any increase in expats coming from Venezuela. In 2015 it seemed like a high percentage of new members of the forum were from Venezuela. It would appear that anyone with a Venezuela passport could come to Ecuador very easily.