Pandemonium in Venezuela.

[Epic + 390]

2 hours ago, Glenn Ellis said:

It never fails to amaze me, that people are always quick to "jump in", the worlds trouble spots, as long as its someone else's son or daughter, doing the jumping.

...and someone else's money doing the funding.

[Dan Warnick + 6,100]

9 minutes ago, jose chalhoub said:

China's influence in Venezuela has been all about oil, housing and money, tons of money and through this, it has Venezuela almost mortgaged and definitely to its knees. Beijing can do with Venezuela whatever it wants to whenever it wants to. 

Thanks, Jose.  Very enlightening.  It seems that all of China's "partners" around the world are starting to figure this out and many are backing away quickly (Malaysia most recently, I think @Tom Kirkman?)

[jose chalhoub + 388]

Now Maduro is backing savings in gold and in petros. I have to say that in a normal and functioning economy and most importantly with trust and clear rules of the game, these are good measures or at least coverage measures against this crazy global turmoil and the trade war and currency complex games now unfolding, but Venezuela has no trust for global investors to pour their capitals and money, the country is close to bankruptcy and the government is clearly desperate to look for money grabs from its people, raising taxes, fostering savings in gold that is not redeemable and so on, raising gasoline prices to international levels to those who don't have this card. The fiscal hole is huge, forex reserves and sovereign fund is empty, China is not lending, Russia is not lending, oil revenues are not the same, so definitely the government is trying to save itself from the collapse and sees that in the end it wont have any more oxygen. 

[jose chalhoub + 388]

1 minute ago, Dan Warnick said:

Thanks, Jose.  Very enlightening.  It seems that all of China's "partners" around the world are starting to figure this out and many are backing away quickly (Malaysia most recently, I think @Tom Kirkman?)

No problem my pleasure. But also importantly, wealthy chinese living in venezuela since too long are now leaving en masse or sending their children abroad, to panama, miami, they simply are not seeing future in Venezuela, talking about owners of stores, people without much connection to the government, but those recently doing business with the government are staying still in the country. And for me this is what has killed the country, the crooks still giving oxygen to the government trying to survive in this mess without caring for the country, either from the opposition or the government or any other mafia encroached inside this vicious cycle. And definitely we need to do a thorough work of social reform in order to redesign Venezuela again. And China has a lot to do regarding this even if it has a policy to not meddle into internal political affairs of its partners. 

[Dan Warnick + 6,100]

7 minutes ago, jose chalhoub said:

And China has a lot to do regarding this even if it has a policy to not meddle into internal political affairs of its partners.

That is the publicly stated policy.  However, when you and I talk about right and wrong it is quite different from what some Chinese may see as right and wrong.  By this I mean that, more so than your average person raised in a Christian society, once a Chinese company identifies (or has identified for it) its target, they can be laser focused and have an anything goes mentality with regards to achieving their goals.  Once the project is over, they reassess and either stay to get more in another way or move on.  Not being burdened by any sort of 10 Commandments-type bondage/baggage can do that.  Unfortunately, the world at large today seems a lot like what I have just described, but I still hope to a lesser degree.

[Glenn Ellis + 57]

2 hours ago, jose chalhoub said:

Now Maduro is backing savings in gold and in petros. I have to say that in a normal and functioning economy and most importantly with trust and clear rules of the game, these are good measures or at least coverage measures against this crazy global turmoil and the trade war and currency complex games now unfolding, but Venezuela has no trust for global investors to pour their capitals and money, the country is close to bankruptcy and the government is clearly desperate to look for money grabs from its people, raising taxes, fostering savings in gold that is not redeemable and so on, raising gasoline prices to international levels to those who don't have this card. The fiscal hole is huge, forex reserves and sovereign fund is empty, China is not lending, Russia is not lending, oil revenues are not the same, so definitely the government is trying to save itself from the collapse and sees that in the end it wont have any more oxygen. 

"El Presidente" may be backing saving(s) in gold Jose, but is shipping it by the ton to Turkey, another despot looting his country, just before the collapse.

Seems like the Fall of the Third Reich all over gain. BTW some KAMERADEN are still in Colonia Tovar in the Andes.. I saw it with my own eyes, as a child in the late '40's '50's, after the war.

When Marduro is FINALLY deposed, assuming he survives the inevitable end of his regime, he will flee to a country where he has assets stashed.

I can almost bet it WON'T be CUBA, CHINA, OR RUSSIA.

He owes them the Sun, Moon, and Stars, already.

[Glenn Ellis + 57]

2 hours ago, jose chalhoub said:

First of all I have to say WOW! great discussion and interest from y'all, thanks a lot for your ideas and thoughts, left or right, good or bad, all of them necessary in my view to find ways to try to give Venezuela some meaning since the whole situation is extremely chaotic, we almost close to live like the FLintstones im not kidding, and i always say this Venezuela in many ways deserved it, since we did not have much interest in politics and ideology and now we derived into this shamble, definitely we need a change of the whole social contract and political dynamics. And also our relationship with economics in the country and reform our entire system and dependency on oil. Regarding China, i will sum this up and this is if China starts charging and suing Venezuela for all its debts to Beijing and stops for good any further loans to maduro, then no need for any U.S. intervention. Period. And also Russia needs to join this strategy, but i dont think this might be for now, at the very least. 

Jose, as our man in country, do you think it is time for a new constitution, as was done in 1958?  Another "PJ" El Presidente Jimenez, as a model, someone like him, but opening PDVSA to foreign investments, by the GLOBAL oil industry again?

We look forward, with caution, to MEXICO's new president taking office at the end of November. PRI is no longer the majority party in Mexico it seems. Wonder what influence he will have in Latin American politics and "OIL DIPLOMACY" IN PARTICULAR ?

[Tom Kirkman + 8,860]

4 hours ago, Dan Warnick said:

Thanks, Jose.  Very enlightening.  It seems that all of China's "partners" around the world are starting to figure this out and many are backing away quickly (Malaysia most recently, I think @Tom Kirkman?)

Yes, Malaysia cancelled an enormous China-funded project, which was grossly overpriced, clearly corrupt, and Malaysia could not afford the debt load imposed by China.  Be wary of these China-funded deals for unnecessary "development" in developing countries, that are approved by corrupt politicians who obviously get a cut.

[Glenn Ellis + 57]

5 hours ago, jose chalhoub said:

China's influence in Venezuela has been all about oil, housing and money, tons of money and through this, it has Venezuela almost mortgaged and definitely to its knees. Beijing can do with Venezuela whatever it wants to whenever it wants to. 

Jose,It will happen here in the USA as well, when the Chinese call in their markers. Sadly, they have bought our debt, and the balance of payments deficit is alarming.

Not to mention our current administrations "Trade Wars" which will do nothing to reduce our dependentcy on Chinese goods @ the local WAL-MART and elsewhere.

I don't know what we make in this country anymore, but it can't be much.

During the next "Great Depression" here in the USA, which will make the one in 1929 seem like a lemonade stand, when 70% of our people are out of work, hungry, with no place to live, the rich people, will only be able to sell their Chinese made crap, to each other, because no one but them, will have any money.

When  that day comes, will the people of Venezuela, offer refuge to needy Americans?

[Epic + 390]

28 minutes ago, jose chalhoub said:

1 hour ago, Frank Wylie said:

Jose:  What in your opinion are the role of China and their agreements to pre-purchase oil from the former government?  

First of all I have to say WOW! great discussion and interest from y'all, thanks a lot for your ideas and thoughts, left or right, good or bad, all of them necessary in my view to find ways to try to give Venezuela some meaning since the whole situation is extremely chaotic, we almost close to live like the FLintstones im not kidding, and i always say this Venezuela in many ways deserved it, since we did not have much interest in politics and ideology and now we derived into this shamble, definitely we need a change of the whole social contract and political dynamics. And also our relationship with economics in the country and reform our entire system and dependency on oil.

^There is a lot of wisdom buried in Jose's statement, and much of that wisdom contains lessons that Americans need to learn.

Many of you who read my posts know how much I complain about the debilitating effects that Netflix (and the like) have on the human brain.  I think it would do Americans a lot of good if they traded their streaming/cable accounts (which can be expensive) for a library card (which is free).

We in the USA are going the direction of Venezuela, and very few realize it.  But you need not take my word for it.  Here is a quote by Thomas Sowell from the preface to his Basic Economics book: 

"Most of us are necessarily ignorant of many complex fields, from botany to brain surgery.  As a result, we simply do not attempt to operate in, or comment on, those fields.  However, every voter and every politician that they vote for affects economic policies.  We cannot opt out of economic issues.  Our only options are to be informed or not informed when making our choices."

Today, most Americans graduate through 12 years of secondary schooling and 4 years of higher education without ever receiving even a rudimentary understanding of economics.  In the same way, neither do they graduate with any practical understanding of philosophy, nor its foundational component: logic.  

When people see me reading economics books for 'fun', they always think there is something wrong with me.  Never once does that person ever question that there might actually be something wrong with him or herself.  

Sowell continues, "Many people see prices as simply obstacles to their getting the things they want.  Those who would like to live in a beach-front home, for example, may abandon such plans when they discover how expensive beach-front property is. But high prices are not the reason we cannot all live on the beach.  The reality is that there are not nearly enough beach-front property to go around, and prices simply convey that underlying reality.  It is not the prices that cause the scarcity.  There would be the same scarcity under socialism.  If the government were to come up with a plan for universal access to beach front homes and put caps on the prices that could be charged for such property, that would not change the underlying reality of the high ratio of people to beach front land.  Rationing without prices would have to take place by bureaucratic fiat, political favoritism, or random chance, but the rationing would still have to take place.  Even if the government were to decree that beach front homes were a basic right of all mankind, that would still not change the underlying scarcity."

"In Soviet economics, the government would fix the prices for goods.  For example, when the government increased the price for moleskins, this caused hunters to get and sell more of these skins, so much so that the industry was unable to use them all, and the skins often would rot in the warehouses before they could be processed.  The Ministry of Light Industry had requested twice that the government lower purchasing prices, but the 'question had still not been decided'.  And this is not surprising.  Its members are too busy to decide.  They have no time: besides setting prices on these pelts, they have to keep track of another 24 million prices."

"A turning point in Yeltsin's intellectual development occurred during his first visit to the United States in September 1989, more specifically his first visit to an American supermarket in Houston. Texas.  The sight of aisle after aisle of shelves neatly stacked with every conceivable type of foodstuff and household item, each in a dozen varieties, both amazed and depressed him.  For Yeltsin, like many other first-time Russian visitors to America, this was infinitely more impressive than tourist attractive like the Statue of Liberty and the Lincoln Memorial.  It was impressive precisely because of its ordinariness.  A cornucopia of consumer goods beyond the imagination of most Soviets was within the reach of ordinary Americans."  

The Venezuelans had access to both libraries and library cards, just as the Americans do; unfortunately, as Jose said, the Venezuelans lacked the will to use those cards, and now they live "like the Flintstones."  As the above quotes have demonstrated, had the Venezuelans used those cards, they would have had ample warning to prevent what is now happening to them.  

Likewise, the Americans have access to both libraries and library cards, but their will is proving to be no different that that of the Venezuelans.  Judging by the market cap of Netflix, it should not be long before the American people follow in the footsteps of their noble predecessors, the Venezuelans.   

Yabadaba-doooooooooo!

[Tom Kirkman + 8,860]

8 hours ago, Dan Warnick said:

Thanks, Jose.  Very enlightening.  It seems that all of China's "partners" around the world are starting to figure this out and many are backing away quickly (Malaysia most recently, I think @Tom Kirkman?)

For more info on this:

Do Axed Infrastructure Projects in Malaysia Spell Trouble for China’s ‘Belt and Road’?

... Overall, Southeast Asian nations, both mainland and maritime countries, are concerned with the rapid growth of Chinese influence as a result of Chinese financing. It is worth noting that there is a key difference between investment and financing. In fact, Chinese investment in the region is not that impressive; China ranks fifth in terms of foreign direct investment in Southeast Asia. The bigger share of Chinese financing is comprised of commercial and concessional loans that recipient countries will eventually have to pay back. And when they fail to make the payment, strategic assets and concessions are the next in line, as shown in the case of the Hambantota port of Sri Lanka. 

[Valerie Williams + 129]

On 8/30/2018 at 9:43 AM, jose chalhoub said:

thanks so much for your interest in Venezuela guys, much appreciated. i would not want an intervention from the U.S. but definitely another strategy, tougher and one that could inflict a check mate a definitive one to these corrupted thugs. But also we need another type of government. One completely different from the past definitely one not linked neither with the opposition nor with the government. 

I agree. Venezuela needs a new type of government. The US Constitution is not copyrighted. I've never understood why other countries don't adopt the same rights and wording as ours, along with a decentralized government with checks and balances on its power. It has stood the test of time and proven invaluable in protecting liberty. Its not perfect, though. Over time, too much power has managed to accumulate in the central authority of the federal over the states, so I would put more safeguards against that. But why are there always so many trying to change the US to socialism while they never try our approach to individual liberty? They say we are prosperous because capitalism is greedy. I say free people tend to prosper, and not just on American soil.

I also don't think it would help if we took military action against Maduro. It would get messy and confusing as all military conflicts do, and then we would come away looking like the big bully who kicked poor suffering Venezuela when it was down. No, that would not be good. We can send aid, and we are, but I don't think anything will be enough unless the Venezuelan people revolt before they are too weak and starved to do so. Perhaps we could support a rebellion with aid and weapons, but we've done that before in other places and end up just propping up the next dictator.

Jose, are you living there now? It's so meaningful to gain your perspective.

Edited September 5, 2018 by Valerie Williams

[Daniel Paez + 2]

Let put things in their real context as now with respect to Venezuela.

1.    There is not a humanitarian crisis in the country.

2.    There are some people leaving the country but look at the numbers:
a) 7.5 million Colombians have left their country
b) 5.2 million Colombians have taken refuge in Venezuela (That is a humanitarian crisis since the Presidency of Alvaro Uribe up to now)
c) Some 750.000 Peruvian are also living right now in Venezuela
d) Some 400.000 people from Ecuador are now looking for refuge in Venezuela.
e) Total of refugees from other nations in Venezuela 6.3 million.

3.    According to ANUR:  442.460 Venezuelan has departed from the country

4.    Whose is indeed having a crisis?

5.    I think it is necessary to understand the situation from the geopolitical point  of view.
a) Venezuela is considered the world’s first oil reserve
b) It is the number sixth nation in natural gas reserves
c) Number two in gold reserves
d) Number one in COLTAN reserves. And so on.

6.    Venezuelan Government is not abject to the US Government

7.    RESULT: You want to find a good excuse to overthrowing the democratically elected Government in Venezuela to gain geopolitical power.

 

[TXPower + 643]

13 minutes ago, Daniel Paez said:

Let put things in their real context as now with respect to Venezuela.

 

1.    There is not a humanitarian crisis in the country.

 

2.    There are some people leaving the country but look at the numbers:
a) 7.5 million Colombians have left their country
b) 5.2 million Colombians have taken refuge in Venezuela (That is a humanitarian crisis since the Presidency of Alvaro Uribe up to now)
c) Some 750.000 Peruvian are also living right now in Venezuela
d) Some 400.000 people from Ecuador are now looking for refuge in Venezuela.
e) Total of refugees from other nations in Venezuela 6.3 million.

 

3.    According to ANUR:  442.460 Venezuelan has departed from the country

 

4.    Whose is indeed having a crisis?

 

5.    I think it is necessary to understand the situation from the geopolitical point  of view.
a) Venezuela is considered the world’s first oil reserve
b) It is the number sixth nation in natural gas reserves
c) Number two in gold reserves
d) Number one in COLTAN reserves. And so on.

 

6.    Venezuelan Government is not abject to the US Government

 

7.    RESULT: You want to find a good excuse to overthrowing the democratically elected Government in Venezuela to gain geopolitical power.

 

 

 

The only thing missing from the analysis above is the fact that what all the countries mentioned have in common is they are either socialist, socialist leaning or being run by socialists.  Oh, and there is significant question as to how democratically elected Mr. Maduro was.

[jose chalhoub + 388]

4 hours ago, Daniel Paez said:

Let put things in their real context as now with respect to Venezuela.

 

1.    There is not a humanitarian crisis in the country.

 

2.    There are some people leaving the country but look at the numbers:
a) 7.5 million Colombians have left their country
b) 5.2 million Colombians have taken refuge in Venezuela (That is a humanitarian crisis since the Presidency of Alvaro Uribe up to now)
c) Some 750.000 Peruvian are also living right now in Venezuela
d) Some 400.000 people from Ecuador are now looking for refuge in Venezuela.
e) Total of refugees from other nations in Venezuela 6.3 million.

 

3.    According to ANUR:  442.460 Venezuelan has departed from the country

 

4.    Whose is indeed having a crisis?

 

5.    I think it is necessary to understand the situation from the geopolitical point  of view.
a) Venezuela is considered the world’s first oil reserve
b) It is the number sixth nation in natural gas reserves
c) Number two in gold reserves
d) Number one in COLTAN reserves. And so on.

 

6.    Venezuelan Government is not abject to the US Government

 

7.    RESULT: You want to find a good excuse to overthrowing the democratically elected Government in Venezuela to gain geopolitical power.

 

 

 

get real man... 

[jose chalhoub + 388]

4 hours ago, Valerie Williams said:

I agree. Venezuela needs a new type of government. The US Constitution is not copyrighted. I've never understood why other countries don't adopt the same rights and wording as ours, along with a decentralized government with checks and balances on its power. It has stood the test of time and proven invaluable in protecting liberty. Its not perfect, though. Over time, too much power has managed to accumulate in the central authority of the federal over the states, so I would put more safeguards against that. But why are there always so many trying to change the US to socialism while they never try our approach to individual liberty? They say we are prosperous because capitalism is greedy. I say free people tend to prosper, and not just on American soil.

I also don't think it would help if we took military action against Maduro. It would get messy and confusing as all military conflicts do, and then we would come away looking like the big bully who kicked poor suffering Venezuela when it was down. No, that would not be good. We can send aid, and we are, but I don't think anything will be enough unless the Venezuelan people revolt before they are too weak and starved to do so. Perhaps we could support a rebellion with aid and weapons, but we've done that before in other places and end up just propping up the next dictator.

Jose, are you living there now? It's so meaningful to gain your perspective.

I am living here indeed and i had experience in the oil sector this is why i can say things i say here since my country is suffering a lot. Although i hate the opposition here i can say the government is wholly corrupted and careless about the poorest. Its an old classic mechanism and strategy of having people tied to the charity of the state. And this sucks. Sucking up everything from the people. This is tiresome. 

[Tom Kirkman + 8,860]

6 hours ago, TXPower said:

all the countries mentioned have in common is they are either socialist, socialist leaning or being run by socialists

^  this.

[Tom Kirkman + 8,860]

2 hours ago, jose chalhoub said:

I am living here indeed and i had experience in the oil sector this is why i can say things i say here since my country is suffering a lot. Although i hate the opposition here i can say the government is wholly corrupted and careless about the poorest. Its an old classic mechanism and strategy of having people tied to the charity of the state. And this sucks. Sucking up everything from the people. This is tiresome. 

Lurkers, for the topic of Venezuela, pay attention to Jose Chalhoub, who lives in Venezuela and had long been in oil & gas there.

[Valerie Williams + 129]

3 hours ago, jose chalhoub said:

I am living here indeed and i had experience in the oil sector this is why i can say things i say here since my country is suffering a lot. Although i hate the opposition here i can say the government is wholly corrupted and careless about the poorest. Its an old classic mechanism and strategy of having people tied to the charity of the state. And this sucks. Sucking up everything from the people. This is tiresome. 

Jose, it's heartbreaking what is happening there, and I hope you have what you need to get through it. When you say you hate the opposition there, do you mean you hate those who are against Maduro? Is it that the opposition is just as bad or worse than the ones in power?

Also, can we expect to be able to send aid, such as food and medical care and for it to actually reach those who need it? That has been a major problem in other places where we've sent aid. The supplies are often intercepted by government officials or criminal networks and instead of helping people, they sell the supplies for profit or hoard them.

[Valerie Williams + 129]

8 hours ago, Daniel Paez said:

Let put things in their real context as now with respect to Venezuela.

 

1.    There is not a humanitarian crisis in the country.

 

2.    There are some people leaving the country but look at the numbers:
a) 7.5 million Colombians have left their country
b) 5.2 million Colombians have taken refuge in Venezuela (That is a humanitarian crisis since the Presidency of Alvaro Uribe up to now)
c) Some 750.000 Peruvian are also living right now in Venezuela
d) Some 400.000 people from Ecuador are now looking for refuge in Venezuela.
e) Total of refugees from other nations in Venezuela 6.3 million.

 

3.    According to ANUR:  442.460 Venezuelan has departed from the country

 

4.    Whose is indeed having a crisis?

 

5.    I think it is necessary to understand the situation from the geopolitical point  of view.
a) Venezuela is considered the world’s first oil reserve
b) It is the number sixth nation in natural gas reserves
c) Number two in gold reserves
d) Number one in COLTAN reserves. And so on.

 

6.    Venezuelan Government is not abject to the US Government

 

7.    RESULT: You want to find a good excuse to overthrowing the democratically elected Government in Venezuela to gain geopolitical power.

 

 

 

Do I understand you correctly?

If so, then nevermind everyone. Nothing to see here. Venezuela is just fine. The greedy Americans just made it all up so we can get our hands on all that oil, you see.

[Jan van Eck + 7,558]

11 hours ago, Valerie Williams said:

I agree. Venezuela needs a new type of government. The US Constitution is not copyrighted. I've never understood why other countries don't adopt the same rights and wording as ours, along with a decentralized government with checks and balances on its power. 

I also don't think it would help if we took military action against Maduro. It would get messy and confusing as all military conflicts do, and then we would come away looking like the big bully who kicked poor suffering Venezuela when it was down. No, that would not be good. We can send aid, and we are, but I don't think anything will be enough unless the Venezuelan people revolt before they are too weak and starved to do so. Perhaps we could support a rebellion with aid and weapons, but we've done that before in other places and end up just propping up the next dictator.

Jose, are you living there now? It's so meaningful to gain your perspective.

Valerie, I would respond to your musings by mentioning that the Monarchical system of government has withstood the "test of time," now running at about a thousand years, works just fine for lots of folks.  Governments tend to evolve as a function of the experiences (usually the bad experiences) of local populations with previous systems of government.  The USA came up with its system in reaction to the problems of the colonials with the mercantile exploitation of agents of the King in England, who needed to finance his wars with France.  I don't think that directly translates to other societies. 

As to your comments on "invasion" of Venezuela, we have had a spirited number of discussions on that point here on Oilprice.  The readers have not developed a consensus.  My personal view is that only the US military is capable of pulling it off, and my approach is to move in into the ports to the far East of the country, and effectively stabilize the Eastern half.  That should be easy to do and with the cooperation and enthusiasm of the locals, as right now Maduro sitting in Caracas is starving those peasants to support the Capital. 

One other thing:  Venezuela is rapidly headed to complete collapse, and when countries collapse, it gets very expensive for the rest of the world.  Right now, more Venezuelans have fled the country and are refugees outside  (the poor sitting in border towns in Brasil and Colombia; the rich in Spain and the USA) than the total influx of refugees into Europe from the Middle East - and all the problems that that has wrought. And at this point it is just the beginning of mass migrations.  If the population gets too weak to flee, which is likely, then mass starvation is the next frontier.  Does Maduro care?  Nope. 

I have stated here, and I repeat to you, that the US can move its supplies and aid and military police to ensure order into the East without firing a shot.  I think all the "guards" now not getting paid (or paid a pittance) will quit Maduro for one basket of bread, and meats, and veggies, and butter, and milk, and cheese, and above all toilet paper (of which there is none anywhere in Venezuela, apparently).  Hand the guard a basket and invite him to take it home to his wife, and he abandons Maduro on the spot - especially if you hire him to work for you. 

[Jan van Eck + 7,558]

On 9/4/2018 at 8:47 PM, Glenn Ellis said:

Not to mention our current administrations "Trade Wars" which will do nothing to reduce our dependentcy on Chinese goods @ the local WAL-MART and elsewhere.

During the next "Great Depression" here in the USA, which will make the one in 1929 seem like a lemonade stand, ....

When  that day comes, will the people of Venezuela, offer refuge to needy Americans?

WalMart is the single largest importer of goods from China.  They purchase some $60 billion all by themselves.  Amazing volume.

As to your rhetorical question of will Venezuela accept American refugees:  emphatically Yes (after Maduro is gone).  Venezuela historically does not turn away refugees. 

[Arjun + 39]

It is heartless to say it at such a time, but they are feeling the bern, I am afraid. Socialism at its worst coupled with international factors. They need a political change immediately, otherwise it will be an international disaster.

 

 

[GERARDO URDANETA + 13]

It is worse than may of you think:
What's happening in Venezuela is not a bad government. What's happening is a very well orchestrated strategy to eliminate any sign of democracy and impose a totalitarian regime in the country 
The current diaspora is one of the government's way to "purge" the very few people that still had some respect for democracy and a decent living. Last changes in Maduro's government are aiming for a deeper ideologization of the system and create the type of people that thy can handle. Cuban's G2 is coaching Maduros' team in this

With the largest reserves of oil and still plenty in other resources, they are now "promoting" the country to Russia, China, Iran and Turkey. And the totalitarian regimes of those countries are jumping of that, not only for the resources but also for the geographical political strategy that this represents.

For the free world, this creates a really bad neighbour, not only for the US, but to the governments of all Americans countries (on top of the problems caused by the huge immigration of Venezuelans to these countries). 

But it looks that, despite the economical help given to the immigrants, nobody else is doing something for real to fix the problem.

Maybe it is time to put indifference aside and start thinking that Venezuela's problem affect the whole continent, and that the positioning of a totalitarian regime in the north of south America might be the beginning of the communism sickness spread in the West.

Let's act now

[GERARDO URDANETA + 13]

18 hours ago, Daniel Paez said:

Let put things in their real context as now with respect to Venezuela.

 

1.    There is not a humanitarian crisis in the country.

 

2.    There are some people leaving the country but look at the numbers:
a) 7.5 million Colombians have left their country
b) 5.2 million Colombians have taken refuge in Venezuela (That is a humanitarian crisis since the Presidency of Alvaro Uribe up to now)
c) Some 750.000 Peruvian are also living right now in Venezuela
d) Some 400.000 people from Ecuador are now looking for refuge in Venezuela.
e) Total of refugees from other nations in Venezuela 6.3 million.

 

3.    According to ANUR:  442.460 Venezuelan has departed from the country

 

4.    Whose is indeed having a crisis?

 

5.    I think it is necessary to understand the situation from the geopolitical point  of view.
a) Venezuela is considered the world’s first oil reserve
b) It is the number sixth nation in natural gas reserves
c) Number two in gold reserves
d) Number one in COLTAN reserves. And so on.

 

6.    Venezuelan Government is not abject to the US Government

 

7.    RESULT: You want to find a good excuse to overthrowing the democratically elected Government in Venezuela to gain geopolitical power.

 

 

 

Buddy, this is either a joke or you are trying to hide the worst situation ever happening in Venezuela. Your comment seems to be  taken from a Maduro's speech

Edited September 6, 2018 by GERARDO URDANETA