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by ErneX
253 days ago
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Venezuelans are being starved by the sheer incompetency/corruption of its leaders. It’s a kleptocracy. The collapse started way earlier than the sanctions. It’s funny, but it’s even insulting that some people cannot comprehend that there is evil beyond their own frontiers. Not everything wrong that happens in the world is because an empire is meddling, we are also capable of being useless by ourselves! |
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A petrostate kleptocracy can still trickle down enough scraps for it's people. An empire that controls global markets that sanctions an petrostate kleptocracy into just a kleptocracy, can't. The reality is no amount of competent governance is going to enable a petrostate like VZ to not be a shitshow if it's sanctioned from maintaining extractive infra (techstack controlled by empire) or sell in global markets. It's not about just being useless, but the inability to be useful no matter what you do. Yes, VZ got fucked from oil $100->$40 pre sanctions, but that's still a survivable/pivotable scenario than oil production going from 3 mbd to 400k mbd due to sanctions that prevents reconstitution of production. There's a reason economic freefall stabilized when Cheveron got license in 2022 that brought production back up to 1mbd.
Now you can argue a "competent" government would have conceded to Monroe (like Machado) in the first place, or not pissed off US in backyard. Like, I get it, you're living through the shit, but don't be economically/geopolitically naive, US didn't sanction VZ because muh democracy decline under Muduro when US props up other petro authoritarian MENA states. The only difference is US meddle with those that align with US interests and not, and US meddling is what makes or breaks petro states.