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Yes, Honduras is in a far worse state right now than Venezuela after Obama and Hillary supported the military coup against the majority indigenous/mestizo backe
by pastProlog 10y ago
Yes, Honduras is in a far worse state right now than Venezuela after Obama and Hillary supported the military coup against the majority indigenous/mestizo backed president, and the handful of white landowners of 90% of the land had the US trained/armed/funded army take over. Berta Caceres is just the latest murder, scores of political candidates, organizers etc. have been murdered, the murder rate is higher than Venezuela certainly, Hondurans have been pouring over the US border as reported etc.
Venezuela has been very heavily dependent on oil for decades and this happens every time oil's price plunges for a long period in Venezuela, look at its history since WWII. The same is happening to every oil-dependent region in the world (except Saudi Arabia, which is doing the market flooding).
The article opening lines talking about how unique the situation is without mentioning what is happening in Honduras this moment is a laugh.
- botfly 10y agoAdditionally, the Venezuelan crude is generally viewed as a low quality product. It's not as suitable for many applications. So when prices drop it's one of the first products to get pushed out of the market But why talk about that when we can have silly ideological arguments over the merits of communism and capitalism instead
- astrodust 10y agoIt's heavy crude, not light crude, but it's oil nonetheless.