Venezuela Wake, countdown to implosion

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Re: Venezuela Wake, countdown to implosion

Post by admin » Mon Jul 24, 2017 11:04 am

so, let's see if this is the breaking point. Some how they keep putting band-aids on the country.

The currency is 8000+ to the dollar, vs 1000 + last year
https://www.bloomberg.com/news/articles ... -deepening

And talk of opposition starting to arm:
https://www.bloomberg.com/news/articles ... ke-up-arms

In any case, one way or the other, this is going to create an even bigger regional refugee crisis. Even if the Maduro gov is removed, it will be decades, if ever before Venezuela stabilizes and reconstructs.
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Re: Venezuela Wake, countdown to implosion

Post by HybridAmbassador » Mon Jul 24, 2017 3:48 pm

admin wrote:so, let's see if this is the breaking point. Some how they keep putting band-aids on the country.

The currency is 8000+ to the dollar, vs 1000 + last year
https://www.bloomberg.com/news/articles ... -deepening

And talk of opposition starting to arm:
https://www.bloomberg.com/news/articles ... ke-up-arms

In any case, one way or the other, this is going to create an even bigger regional refugee crisis. Even if the Maduro gov is removed, it will be decades, if ever before Venezuela stabilizes and reconstructs.
Well, once the Maduro regime is removed by the insurgent people's army of Venezuela.The US and PRC will be dividing up the country in order to keep the world's largest oil reserve pumping all its available crude oil. And how soon will Xijingping recover the US$40 billion plus sunken into Venezuela so far. Will we be seeing hundred of millions hordes of Chinese inundating partial part of south America?
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Re: Venezuela Wake, countdown to implosion

Post by admin » Thu Nov 02, 2017 9:36 pm

Well looks like venezuela is finally defaulting.

https://www.bloomberg.com/news/articles ... -take-hold
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Re: Venezuela Wake, countdown to implosion

Post by nwdiver » Fri Nov 03, 2017 12:31 am

admin wrote:
Thu Nov 02, 2017 9:36 pm
Well looks like venezuela is finally defaulting.

https://www.bloomberg.com/news/articles ... -take-hold
As the article says, many are amazed they lasted this long, I guess the cleptocrates needed time to gut the treasury, well it's a good socialist country that China will soon own.......wether the want to or not.....
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Re: Venezuela Wake, countdown to implosion

Post by AnciaVagar » Fri Mar 02, 2018 4:03 pm

Workers' paradise wage slavery at PdV:
"...In one human resources office, a sign advertised a limit of five resignations a day.
“Management is holding them back to stop brain and technical drain,” said Jose Bodas, general secretary of United Federation of Venezuelan Oil Workers. He estimates 500 employees have resigned at the Puerto La Cruz refinery and nearby processing facilities in the past 12 months — even though superiors have labeled them “traitors to the homeland,” a phrase that often precedes arrest. In the streets, families sell their boots and the red coveralls.
“They’re giving up because of hunger,” Bodas said. “They’re leaving because they get paid better abroad. This is unheard of, a catastrophe. ..."

Excerpt from https://www.bloomberg.com/news/features ... l-industry

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