Monday February 4, 2019
It is true Venezuela’s economic problems are in large part due to that country’s socialist command economy, but this overlooks the role played by the United States, the United Nations, and the European Union.
Over the last five years, the US has imposed financial sanctions on Venezuela. It has cut it off from western financial markets and this has resulted in oil production shortfalls. Venezuela is unable to raise capital to address deficiencies in the oil sector of its economy. This situation was exacerbated when the price of petroleum fell sharply around the world. Venezuelan debt instruments are banned by the US Treasury, thus preventing it from acquiring loans to address its severe economic problems and feed the people.
The pattern has become rote. Nations that are not captive to neoliberalism suddenly find they have a terrorist problem. If the nation in question is communist or quasi-communist, no terrorist false flags are required, the evil venality of Leninism and Stalinism are enough to gain consensus for economic warfare followed by a physical invasion if the leader in question does not fall or acquiesce.