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by imbokodo 2897 days ago
The EU has sanctions on Venezuela and the US keeps piling on sanctions and newspaper reports say Trump is contemplating an invasion. Obviously these external pressures will have a negative effect on the Venezuelan economy.

One reason for so much pressure is oil prices are rising and external forces want things changed before that happens. Thus the talk of US invasion.

This is in contrast to the US-backed military overthrow of the Honduran government, which has been slaughtering its political opposition. In fact, these are many of the immigrants on the US border being discussed. The western governments back the military and post-coup governments on that case, which has been much more bloody.

1 comments

Got any sources for this? Anybody know if these claims are substantial?
Maduro and Chavez just about every time on TV or radio claimed the US was preparing an invasion, was subverting the gov't by way of the opposition, etc. All the way back to the GW Bush, through Obama and till now.

Was/is Chavez/Maduro credible? I'll leave that up to you to decide.

The sitch down there is the govt's own doing. Nationalizing, expelling and enacting policies which drove out Industry SMEs ensured that the country would slowly but surely go downhill.