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The US has worked from day one do destabilize any kind of government in Venezuela, having openly supported coups and now a blockade that is disrupting oil produ

The US has worked from day one do destabilize any kind of government in Venezuela, having openly supported coups and now a blockade that is disrupting oil production, which is the main trading of that country. To say at this point that the economic and social situation of Venezuela is just the fault of Venezuelan leaders (whatever their problems might be) is baffling and a plain lie. The current US government is openly supporting an intervention to control Venezuelan's oil, so for me it is not a surprise that the people and the army forces of Venezuela are backing their government, the same way that I see no surprise that the Iran government receives popular support despite all its problems. The US and American people should do a mea culpa and stop what they are doing to destabilize the world.

javagram 8y ago
Venezuelan oil production dipped dramatically before any serious US sanctions were introduced. The nationalization of the oil industry and replacing professionals with incompetent cronies was the cause of Venezuela’s current crisis, not something the US orchestrated. See https://www.forbes.com/sites/rrapier/2017/05/07/how-venezuela-ruined-its-oil-industry/#5477693e7399 https://www.forbes.com/sites/rrapier/2017/05/07/how-venezuel... From a couple years ago. I saw a more recent graph somewhere and the problems have grown even more acute.
- bbatha 8y ago
  OPEC (which Venezuela is a member of) opted to open the taps in 2014 to counter rising competition from US fracking[1]. The drop in oil price was at least in part of their own creation! Additionally, the Venezuelan policy choices since Chavez have significantly reduced economic diversity and increased reliance on Oil, and the population's reliance on the state oil companies.[2] 1: https://www.theguardian.com/business/2015/dec/07/opec-plan-kill-us-shale-oil-price-down-seven-year-low https://www.theguardian.com/business/2015/dec/07/opec-plan-k... 2: (warning pdf) https://web.archive.org/web/20131021050303/http://larc.ucalgary.ca/sites/larc.ucalgary.ca/files/dr._stephen_randall_the_chavez_legacy_march_2013.pdf https://web.archive.org/web/20131021050303/http://larc.ucalg...
- agumonkey 8y ago
  By the time Venezuela stability is restored, oil will be worthless if not banned.
dominotw 8y ago
> To say at this point that the economic and social situation of Venezuela is just the fault of Venezuelan leaders (whatever their problems might be) is baffling and a plain lie. Its mainly the fault of ppl who failed to develop any other kind of industry and becoming too used oil wealth. The book "Crude Nation"is a pretty good writing on how things got to how it got to be. Did america tell them to give free oil venezueleans. Did america ask them cripple their own oil industres by nationalising and corrupting them. Did america stop venezuela from creating sovereign wealth funds like Norway and the United Arab Emirates. Blaming everything on America is just boring and cliched.

javagram 8y ago

Venezuelan oil production dipped dramatically before any serious US sanctions were introduced. The nationalization of the oil industry and replacing professionals with incompetent cronies was the cause of Venezuela’s current crisis, not something the US orchestrated. See https://www.forbes.com/sites/rrapier/2017/05/07/how-venezuela-ruined-its-oil-industry/#5477693e7399 https://www.forbes.com/sites/rrapier/2017/05/07/how-venezuel... From a couple years ago. I saw a more recent graph somewhere and the problems have grown even more acute.

bbatha 8y ago
OPEC (which Venezuela is a member of) opted to open the taps in 2014 to counter rising competition from US fracking[1]. The drop in oil price was at least in part of their own creation! Additionally, the Venezuelan policy choices since Chavez have significantly reduced economic diversity and increased reliance on Oil, and the population's reliance on the state oil companies.[2] 1: https://www.theguardian.com/business/2015/dec/07/opec-plan-kill-us-shale-oil-price-down-seven-year-low https://www.theguardian.com/business/2015/dec/07/opec-plan-k... 2: (warning pdf) https://web.archive.org/web/20131021050303/http://larc.ucalgary.ca/sites/larc.ucalgary.ca/files/dr._stephen_randall_the_chavez_legacy_march_2013.pdf https://web.archive.org/web/20131021050303/http://larc.ucalg...
agumonkey 8y ago
By the time Venezuela stability is restored, oil will be worthless if not banned.

dominotw 8y ago

> To say at this point that the economic and social situation of Venezuela is just the fault of Venezuelan leaders (whatever their problems might be) is baffling and a plain lie. Its mainly the fault of ppl who failed to develop any other kind of industry and becoming too used oil wealth. The book "Crude Nation"is a pretty good writing on how things got to how it got to be. Did america tell them to give free oil venezueleans. Did america ask them cripple their own oil industres by nationalising and corrupting them. Did america stop venezuela from creating sovereign wealth funds like Norway and the United Arab Emirates. Blaming everything on America is just boring and cliched.