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oil

Posted on in Politics/World

Venezuelan Collapse Is Golden Opportunity to Showcase American Superiority

Venezuela is not a country with a government, it is a hostage situation. The Maduro regime in Caracas has declared its ransom demands. They are actively robbing their captives, and make no mistake, they are executing many of those captives on a daily basis. Among its top ransom demands, the government in Caracas wants to restructure its enormous and dynamic debt burden. Their state-owned oil apparatus, PDVSA, was once a lucrative slush-fund/money-laundering operation for Maduro and the Cuban proxies in the upper echelons of power in Venezuelan politics. Now, PDVSA is financially underwater and struggling to make good on its… Keep Reading

Posted on in Economics/History/Politics/World

Three Myths About Venezuela’s Opposition

Venezuela’s current political crisis has drawn much attention worldwide. The shortages, increasing violence, skyrocketing inflation, and the increasing militarization of its economy are all fixtures of Venezuela’s current national disaster. Opposition movements have naturally arisen in response to Venezuela’s squalid state, with the Democratic Unity Roundtable (MUD) leading the charge against the current ruling class.  Despite the unprecedented awareness of Venezuela’s delicate situation, considerable amounts of disinformation abound both in mainstream media and social media coverage of these events. This article seeks to dispel many of these myths and misconceptions that concern Venezuela and its political opposition. The Venezuelan Opposition is Attempting… Keep Reading

Posted on in Economics/Politics/World

Venezuela’s Economic Collapse: A Process 50 Years in the Making

In recent times, Venezuela has been the object of many headlines across the globe that detail its current economic predicament. Once Latin America’s most stable country, Venezuela is now experiencing a historically unprecedented economic and social collapse. How did such a nation awash with bountiful oil reserves and numerous decades of democratic stability stoop to such levels of misery? The conventional narrative typically points to Hugo Chávez’s arrival to power in 1998 as the main catalyst of Venezuela’s economic decline.  Quantitatively speaking, Chávez’s presidency was responsible for the largest economic downturn in the country’s history. Through an unprecedented number of… Keep Reading

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