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Finance Industry Eyes Investment Opportunities in Venezuela
- manoDev 10mo ago“Investment” is a way to put it.
- DivingForGold 10mo agoA new crypto haven ?
- clanky 10mo agoMight be redundant after Trump pardoned the former Honduran president who'd been convicted of drug trafficking. He's friendly to the Srinivasan/Thiel/Andreessen plans for the Prospera city-state in that country.
- satvikpendem 10mo agoWasn't that El Salvador? I wonder how that's going.
- intalentive 10mo agoSounds like Yeltsin-era privatization is on the menu. “What assets can we strip from the Venezuelan people, for pennies on the dollar?”
- andrepd 10mo agoVultures doesn't even begin to describe it.
- sho_hn 10mo agoSimilar to what Eastern Germany had done to it as well.
- polski-g 10mo ago[flagged]
- satvikpendem 10mo agoIt's a tit for tat game, as so happens in geopolitics. Thinking one side is "wrong" or "right" misunderstands the nature of what's being played.
- FireBeyond 10mo agoYep. Plunder Mode activated. After paying your entrance fee to [insert Trump-affiliated entity here], of course.
- ungreased0675 10mo agoThe last twenty years of socialism in Venezuela already did that. Have you seen the extreme poverty there? The once nice, now crumbling infrastructure? The Venezuelan people have already had most of their assets stolen.
- duejdj173e 10mo agoHow’s socialism working out in China? Maybe it’s the US sanctions and meddling..
- unmole 10mo agoYeah, the special economic zones, foreign direct investment and cut throat competition among private enterprises are all hallmarks of socialism. /s
- 84729839278392 10mo ago[dead]
- goku12 10mo agoThat's a pretty good reason for these corporations to keep their grubby hands off Venezuela. At least give the people some time to recover, before stepping in to strip mine their economy again. And when I say 'again', you know that it was the exploitation by US companies that led to Hugo Chavez ascending to power, right?
- ungreased0675 10mo agoVenezuela requires billions of dollars to rebuild its pillaged industry and infrastructure. There will be no economic recovery for the people without that. Where should that investment come from?
- krapp 10mo agoVenezuela is now an American colony, do you not know how colonialism works? Do you need to read a history book? We're the ones doing the pillaging. We're going to strip them of what resources they have left, take their wealth for ourselves and leave them with nothing. We're going to make the people an underclass in their own country, serving the rich white colonizers who come in to stay at the luxury hotels and casinos Trump will be building there. Or maybe the Saudis, who knows? The world is full of rich vultures. We'll build data centers over the carcasses of their cities and shoot anyone who wants the water. We're going to rape their women and children. And then we're going to do it to Cuba. And then maybe Mexico.
- missedthecue 10mo agoThe problems with the post soviet economy had nothing to do with FDI.
- clanky 10mo agohttps://www.thenation.com/article/world/harvard-boys-do-russia/tnamp/ https://www.thenation.com/article/world/harvard-boys-do-russ...
- SpicyLemonZest 10mo agoI simply don't believe that there can exist even a tentative plan this soon after breaking news, when it's still not clear what the Venezuelan government will even look like in March. I can imagine a lot of reasons why the "chairman of consulting firm Signum Global Advisors" might want to create FOMO about it though!
- DustinEchoes 10mo agoSeems a bit premature. Maduro is gone but nothing has fundamentally changed. His government is intact, just with a warning from Trump to follow orders “or else”.
- clanky 10mo agoAnything printed in mainstream Western press in the immediate aftermath of something like the Maduro op should be read as perception management first and foremost, with only a tangential relationship to disseminating truth.
- dfxm12 10mo agoperception management Is this any different from manufactured consent?
- clanky 10mo agoI feel like they've mostly dispensed with the pretense of needing "consent" from anyone who isn't calling shots on what to print in the newspapers in the first place. This seems more like "we'll do what we want and don't care to even conceal our motives anymore." And other commenters are right to point out that it's very premature when it's not clear there's been a genuine change in power, so it may be calculated to make that seem inevitable as well.
- SpicyLemonZest 10mo ago"Manufactured consent" was a term Chomsky introduced for the way in which US mass media operates, so it shouldn't be terribly surprising to find that the pattern matches. (One thing I'd encourage people to think about: would it be better to have a media that avoids manufacturing consent by never challenging the general public's biases and preconceptions?)
- jjj123 10mo agoAre you saying the opposite of manufacturing consent would result in a media that isn’t challenging and conforms to people’s biases? The way I see it you can do both at once. Exaggerating/downplaying stories in a way that confirms biases is something the media does today (see MSNBC/Fox News), and I’d argue it’s absolutely a form of manufactured consent.
- SilverElfin 10mo agoAll of this is disgusting theft, and is plain old imperialist colonialism. Let’s not pretend there is even a shred of legitimacy to the claims about drugs or whatever - Trump recently pardoned a major drug lord. This is entirely about enriching Trump, his family, and friends. The people of Venezuela will still be left poor but will lose their natural resources.
- vee-kay 10mo agoVenezuelans already have been losing their natural resources. Venezuela's major exportable resource is oil, and guess what happened to that export industry? Sanctions, open-sea piracy (in the guise of drug raids) to seize Venezuelan oil tankers, and regime changes to put puppets to squeeze everything out of an oil-rich nation. The result is poverty, social strife, healthcare woes, etc.
- greenavocado 10mo ago[flagged]
- 1121redblackgo 10mo agoSeems like our leaders laundered our money through the US military and government apparatus, to the tunes of billions of dollars, so that they could carry out the dirty work of overthrowing the Venezuelan government in order to enrich Exxon and other oil companies. That's our money doing this. My money doing this. Boomers are cooked, man.
- 84729839278392 10mo ago[dead]
- amelius 10mo agoIs the VEF going up again?
- jeffgreco 10mo agoShameful.
- 61j3t 10mo agoWhere's the guy with the archive article
- deadbabe 10mo agoEven if it’s unfortunate, you must find a way to take advantage of every world event for investment opportunity, or you risk falling behind and ending up on the wrong side of inequality.
- eschaton 10mo agoThe state gets to say what the limits on private property held by people and entities outside its jurisdiction are.
- eli_gottlieb 10mo agoNo, to avoid ending up on the wrong side of bond markets, which at this point can force even rich governments to avoid things like raising taxes or limiting the "right" of foreign invaders to buy up assets inside the country.
- ttm1504 10mo ago[dead]