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Tags Nicolas Maduro , Venezuela economy , Venezuela issues , Venezuela politics

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Old 22nd May 2018, 02:02 PM   #841
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Originally Posted by dudalb View Post
I think just about anything would be better then what the Venezualans have got, but I also think any hint of US involvement would be a poison pill for anybody over throwing the current regime.
Best thing the US can do is just keep out of it. A lot of people who would be happy to see the current regime go would not be happy it it was replaced by people seen to be in the employ of the US.
There's also an element of this:

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Old 22nd May 2018, 02:11 PM   #842
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Originally Posted by Ziggurat View Post
I think a lot of us really hoped that the Soviet Union would adequately serve that purpose.

In related news:

Q. What did the communists use to light their homes before they got candles?

A. Electricity
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Old 26th May 2018, 09:16 AM   #843
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How long until implosion?
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Old 27th May 2018, 09:16 AM   #844
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Originally Posted by applecorped View Post
How long until implosion?
Food, medicine, and electricity (among other things) are in short supply, the economy is in shambles, hyperinflation rages on, borders are busy with people fleeing the country where Caracas has become the murder capital of the world, and the tinpot dictator has eradicated whatever chances there once were of a peaceful, democratic regime change. What part of implosion hasn't happened yet?
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Old 27th May 2018, 09:23 AM   #845
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Originally Posted by timhau View Post
Food, medicine, and electricity (among other things) are in short supply, the economy is in shambles, hyperinflation rages on, borders are busy with people fleeing the country where Caracas has become the murder capital of the world, and the tinpot dictator has eradicated whatever chances there once were of a peaceful, democratic regime change. What part of implosion hasn't happened yet?
Yeah, it's already Somalia. Countries can hang in that failed state for quite some time.
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Old 27th May 2018, 09:55 AM   #846
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Venezuela sure is lucky the US stopped fighting to keep Communism out of the Americas.
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Old 27th May 2018, 05:48 PM   #847
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Originally Posted by timhau View Post
What part of implosion hasn't happened yet?
Full-blown civil war.
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Old 5th June 2018, 05:26 PM   #848
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Originally Posted by Ziggurat View Post
Full-blown civil war.
And that is probably just a matter of time..
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Old 5th June 2018, 07:58 PM   #849
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Originally Posted by dudalb View Post
And that is probably just a matter of time..
I don't know. Zimbabwe hasn't had one yet. One of the challenges with such kleptocratic mismanagement is that they so devastate the country that people have few resources with which to mount any opposition. The worse things get, the weaker potential opponents of the regime become.

It wouldn't shock me if civil war breaks out, but I'd actually put the odds of that within the next 10 year well below 50%.
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Old 7th June 2018, 05:31 AM   #850
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There would need to be an armed opposition?
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Old 7th June 2018, 06:18 AM   #851
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Originally Posted by Mycroft View Post
There would need to be an armed opposition?
If only one side has weapons, it's not a war, it's a massacre.
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Old 8th June 2018, 12:31 AM   #852
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Originally Posted by Ziggurat View Post
I don't know. Zimbabwe hasn't had one yet. One of the challenges with such kleptocratic mismanagement is that they so devastate the country that people have few resources with which to mount any opposition. The worse things get, the weaker potential opponents of the regime become.

It wouldn't shock me if civil war breaks out, but I'd actually put the odds of that within the next 10 year well below 50%.
Mass emigration works well for this as well. In the case of Zimbabwe 1/3 of population fled. South Africa under ANC carries a solid portion of the blame, because they allowed the emigrees to work in South Africa and send remittances back home as a way to help Mugabe.

Venezuelan population is three times larger than Zimbabwe though. It won't be as easy. On the other hand many already left back in 2003, this is just the second wave.

Unless something is fixed soon - and I don't see how it would be - the country will become (remain?) a failed state.

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Old 23rd June 2018, 12:43 AM   #853
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It's not a failed state. Maduro has his own death squads. Failed states don't get those.
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Old 25th June 2018, 02:48 PM   #854
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Originally Posted by timhau View Post
It's not a failed state. Maduro has his own death squads. Failed states don't get those.
Security Services with skulls on their uniforms. That's always a good look....

Long Live The Glorious Bolivarian Revolution!
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Last edited by dudalb; 25th June 2018 at 02:49 PM.
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Old 25th June 2018, 03:10 PM   #855
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Originally Posted by dudalb View Post
Security Services with skulls on their uniforms. That's always a good look....
Are we the baddies?
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Old 28th June 2018, 10:55 AM   #856
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Thanks to stunning inflation, it now takes 1 million bolivars to buy a cup of coffee in a Venezuelan cafe, Bloomberg reports. That's one-fifth of Venezuela's monthly minimum wage, and a 10,000-bill stack of Venezuela's most common bank note, the 100-bolivar bill.
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Old 28th June 2018, 12:02 PM   #857
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In other words, the glorious Bolivarian revolution has led to a rapid expansion of the millionaire class.
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Old 2nd July 2018, 03:45 AM   #858
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Socialism always leads to the opposite of its proposal: the concentration of power into a small elite (the Party or the cronies of the politicians)
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Old 2nd July 2018, 05:47 AM   #859
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It's been a while since we've seen Childlike Princess defend this crap, hasn't it?
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Old 2nd July 2018, 07:27 AM   #860
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Originally Posted by Mycroft View Post
It's been a while since we've seen Childlike Princess defend this crap, hasn't it?
It's been a while since I've seen her around at all.
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Old 2nd July 2018, 04:08 PM   #861
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Originally Posted by theprestige View Post
It's been a while since I've seen her around at all.
Her handlers may have given her a new assignment.
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Old 5th July 2018, 07:17 PM   #862
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Originally Posted by Mycroft View Post
Her handlers may have given her a new assignment.
Suspended for a month starting May 16th. Never came back after.
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Old 10th July 2018, 03:50 PM   #863
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Originally Posted by LSSBB View Post
Suspended for a month starting May 16th. Never came back after.
No Great Loss, IMHO. Her act lost whatever entertainment value it had a long time ago.
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Old 12th July 2018, 06:46 PM   #864
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https://oilprice.com/Energy/Energy-G...il-Crisis.html


Venezuela’s oil production plunged by another 47,500 barrels per day (bpd) in June, compared to a month earlier. An exodus of workers and field shut downs were reported for the month, pointing to a grim near-term future that could see total production dip below 1 million barrels per day (mb/d) by the end of the year.

According to OPEC’s secondary sources, Venezuela’s output fell to 1.34 mb/d in June, which, aside from a brief interruption of output due to a strike in 2002-2003, puts production at its lowest point in nearly seven decades.
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