Venezuela has the worlds largest oil deposits on the planet and for myself as a business man that tells me its a homing beacon for the worlds worst criminals. That's just the way that it works. I completely disagree with Stephan's assertions in which Venezuela's failure is do to its socialism on the contrary id like to see MR. MOLYNEUX run a country sitting on top of a homing beacon for the greediest of the greediest on the planet. To that nothing about free markets would guarantee non-monopolization of such a large reserve it's an issue either way.
This is the real battle and the real argument, who will get the wealth of the reserves?
Or the people living on top of it?
This happens to be an old story, it's over 15 years old.
The western world has been engaged in war with every one of these nations (Central bank free or Globalist influence Low) and some are falling while others are becoming stronger each day they are pushed to do so. It is the nature of struggle but in no way is it a product of their chosen economic system as any system that refuses outside influence ends up in the same place Venezuela's in now, just the massive reserves make the biggest of the big home in that much harder.
The other key figure in the failure is the current price of oil which was the product of economic warfare in which Saudi Arabia was pursuing against Russia and all other oil producers to the detriment of their own stability implementing extensive austerity measures with workers missing pay for months over the past year.
If anything i would predict Venezuela's demise is a vision of the future situation the american people will be facing when the repercussions of manipulating the free markets finds its victims in the exportation of tyranny. In the greater context emerging markets such as Venezuela's fall directly before the rest of the world begins to collapse itself. They just happen to be less resistant to extreme volatility of militarily manipulated markets. How i do agree with Stephan on many issues as we both identify as libertarians this perhaps could come into cohesive understandings if agreed manipulation of free markets by socialist's or corporatist's are equally as devastating.
In this interconnected global set of markets that drive the worlds economies, the emerging markets always fall first exposing the soft underbelly of a toxic mix of conduct which should have never been embarked on.
You may ask why and it is simple, these countries don't have the international status to shift wealth around from location to location while one after another falls, when the shock-wave hits themselves they cannot stifle the downwards pressures, this happens to be the moment in which both nations will begin to turn over. As these far off places from which the war was waged begin to turn inside out anyone caught in the middle looses it all, this emotional hit, begins the panic which leads the most highly inter-connected nations from the point of downturn, debts go into default, looses are felt the world around, the wave begins to jump from struggle to struggle gashing holes in that belly i spoke of before.
Venezuela is just one piece in the puzzle of the last 15 years but one which is not highly enough mentioned, even members of my team do not know it as well as myself which is why I've provided 4 Documentaries exposing facts about Venezuela's 15 years in defense against a foreign force engaging in acts of war within its borders. The rest is up to you.
- Anatomy of a Coup (2003): The astonishing story of how an American-sponsored coup d'état almost led to the collapse of democracy in Venezuela.
- The Revolution Will Not Be Televised
- The Assasination of Hugo Chavez
- Oliver Stone documentary - South of the Border Oliver Stone - Hugo Chavez Biography
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