Venezuela has been defaulting on debts since November and the last junk debt traders have finally walked away. No more credit. Venezuela has apparently sold o

Venezuela has been defaulting on debts since November and the last junk debt traders have finally walked away. No more credit. Venezuela has apparently sold off the last of whatever national assets buyers were interested in; they worked through their gold reserves in 2016-2017 and nothing new is on the table aside from a dubious cryptocurrency scheme and some clapped out PDVSA oil rigs. Venezuelan oil production is collapsing for lack of operating capital and Venezuelan tankers are being seized in foreign ports by creditors. This is cutting off the last meaningful source of foreign currency. At some point, probably in the next several weeks, the subsistence diet of the Venezuelan military is going to fail and the "Bolivarian revolution" in Venezuela will finally end. But only after having stunted at least one full generation of children.