>Venezuela is refusing international aid. All aid from the IMF comes with punitive strings attached. Enforced austerity from abroad. A painful, unwarranted con

>Venezuela is refusing international aid. All aid from the IMF comes with punitive strings attached. Enforced austerity from abroad. A painful, unwarranted contraction of the economy primarily felt by the people most at risk. >There are sanctions on their government bonds You sanction a government bond and guess what happens? Debt becomes expensive, development becomes impossible. You are unable to cushion economic shocks like the threat of sanctions by a major economic superpower. The threats become liable to throw the entire economy into chaos, sending investors, domestic and international, fleeing for less risk. We're keeping their oil cheap for a reason.