Venezuela Crisis: Failed coup attempt by Juan Guaido; Military remains supporting Nicholas Maduro

[Secure Da Bag]

Again, lets not act like either one of those two don't or did not have it coming

Enlighten me, how did/do those two have it coming?

 

[thatrapsfan]

Haven’t seen any statements from any progressives CPC members outside of Khanna and Ilhan.

A military intervention would be a shid show. Chavez made sure the military was full of Chavistas. If there was a coup, the counter coup would be vicious.

The plan is for Guaido to get access to Venezuela’s assets that are US based that are frozen by sanctions.

Yes it would be a huge mess and make the situation worse. But it’s not happening and there is little indication of it happening aside from Trumps bluster.

This is a good thread

 

[Bawon Samedi]

Latin America is USA's backyard. While Maduro is a lousy leader, the USA is once again just executing more of its same imperialistic like geopolitics. Any country in its backyard that doesn't fall in line gets dealt with. I have a VERY strong feeling that Cuba is next for round 2. I don't see the Socialist govt in Venezuela surviving unless China steps in.

 

[88m3]

I love when people talk about Venezuela without acknowledging the massive humanitarian crisis taking place.

 

[Bawon Samedi]

Name names then.

 

[Secure Da Bag]

I love when people talk about Venezuela without acknowledging the massive humanitarian crisis taking place.

Isn't that America's fault?

 

[☑︎#VoteDemocrat]

Enlighten me, how did/do those two have it coming?

Maduro is a crappy leader starving his people and running a narco state.

Gaddafi was a tyrant and killed a lot of American soldiers and citizens in the 80s.

 

[88m3]

Isn't that America's fault?

you're so funny

 

[Secure Da Bag]

Trump’s Economic Sanctions Have Cost Venezuela About $6bn Since August 2017

Venezuelan oil production followed essentially the same pattern as Colombia’s during 2016 and most of 2017 –until August when Trump’s sanctions came into force. A decline in production was driven by the price of oil hitting its lowest point in about a decade at the start of 2016. But in August of 2017 Trump’s sanctions made it illegal for the Venezuelan government to obtain financing from the US which was devastating for two reasons: all the Venezuelan governments’ outstanding foreign currency bonds are governed under New York state law; and one of the Venezuelan government’s major assets, the state-owned CITGO corporation, is based in Texas. The sanctions also blocked CITGO from sending profits and dividends back to Venezuela (which had been averaging about $1 billion USD per year since 2015).

...

The “no sanctions” case shown below is close to that “worst case prediction”. It assumes an 11% decline would have taken place. In reality (i.e. the “sanctions” case) production has fallen by 37% since the sanctions were imposed. The difference in total revenue between the “sanction” and “no sanctions” case over the twelve month period is about $6 billion.
table.png

Venezuelan oil revenues with and without the impact of sanctions (Joe Emersberger)

That sum, $6 billion, is 133 times larger than what the UNHCR has appealed for in aid for Venezuelan migrants. It is also equal to about 6% of Venezuela’s GDP at present. Health care spending in Latin America and the Caribbean averages about 7% of GDP.

This video is somewhat over the top

 

[☑︎#VoteDemocrat]

 

[Json]

Fast Forward to Conservatives complaining about a bunch of Venezuelans at the border seeking asylum and more money for border security.

 

[thatrapsfan]

It’s not simply the US. The recognition clearly isn’t a unilateral move. Nor are the listed countries below simply American proxies it’s not 1960. The majority of the region has tired of Maduro and it’s become more pressing now that it’s crisis has poured across their borders.


Argentina, Brazil, Chile, Colombia, Costa Rica, Guatemala, Honduras, Panama, Paraguay , Peru, Ecuador.

 

[88m3]

Fast Forward to Conservatives complaining about a bunch of Venezuelans at the border seeking asylum and more money for border security.

More Venezuelans are currently refugees than Syrians at the height of their crisis. They're not coming to the US but currently a burden on their neighbors...


Not sure why people gloss over what is happening there

 

[thatrapsfan]

Hyperbole for retweets. Clicked x on my window when I read her tweeting this is about oil. To this day, the US continues to import Venezuelan oil there is no blockade on either side of the transaction. Even taking this claim at face value, the US is not at all starved for oil imports as things stand.

Even in Iraq, which is supposedly the seninal exemple of a war for oil, American oil companies have fared poorly to date on its oil field concessions, to the point Trump has publicly complained about it.

 

[thatrapsfan]

More Venezuelans are currently refugees than Syrians at the height of their crisis. They're not coming to the US but currently a burden on their neighbors...


Not sure why people gloss over what is happening there

American exceptionalism but from the left World can only be understood through America’s policy preferences. If you align with them you must be bad, and if you don’t you must be good.