Questioner
frank
I'm Canadian, and though it would shock me it would not surprise me if Trump moves on Canada. — Questioner
Questioner
Why would it shock you if it wouldn't surprise you? — frank
Mr Bee
Metaphysician Undercover
I take issue with the constant mentioning of Trump because this isn't about Trump. — Tzeentch
And most definitely not because the US is sensing it is starting to lose control, and feels the need to rapidly consolidate what it has considered its part of the globe to rule for hundreds of years as per the Monroe doctrine. — Tzeentch
No oil company will invest in infrastructure in the circumstances Trump has created. — Banno
Tzeentch
There’s plenty of differences. The propaganda under a democratic administration would be much nicer. — Mikie
Of course the overall gist of what's happening and the reasons is exactly what you say, but it's also a new thing of just helicoptering in and "arresting" (... with the FBI?!?) a sitting President of a sovereign nation on New York conspiracy charges?!?! — boethius
ssu
A lot more worse.Venezuela was already a failed state. How much worse could it get? — frank
How much of that Iraqi oil went to US oil companies in the end? Not much, there's few of them, but they don't represent the majority of the foreign companies now in Iraq: there's Russia, China, the Europeans etc.I liked the rest of your observations about the oil situation. — Tzeentch
Questioner
was Trump so petty that he had to through Machado under the bus because she got a Nobel prize? When is Trump we are talking about it, it might be really the reason. — ssu
SophistiCat
Venezuela was already a failed state. How much worse could it get? — frank
A lot more worse.
Civil war. Hundreds of thousands of dead. Widespread famine. Failed state with competing regime that have divided the country. Or become like Haiti with criminal gangs running the country without any much if any operating government. — ssu
frank
lot more worse. — ssu
Despite ranking as one of the world’s top 15 countries in renewable fresh water resources, nearly 8 out of 10 Venezuelans do not have continuous access to clean drinking water and basic sanitation. For most citizens, the water they sporadically consume is of dubious quality or not drinkable. Clean water in Venezuela has become a luxury, and even with price controls set in place, a bottle of water is about $3, a significant portion of the country’s minimum wage of approximately $8 a month. — here
T Clark
T Clark
A lot of open doors being kicked in and unremarkable conclusions being drawn. None of them particularly offensive, but from a team of 12 experts I would expect more - especially given the annual funding Brookings receives. — Tzeentch
ssu
Do notice one aspect here: everybody in the US Foreign Policy sphere, which obviously includes the Brookings Institute, is now walking on egg shells. Criticism will get a nasty attack from the White House, but there is still criticism.but from a team of 12 experts I would expect more - especially given the annual funding Brookings receives. — Tzeentch
Focusing narrowly on oil access or prioritizing creditor repayment over recovery would risk creating a small set of rent-seekers while keeping Venezuela’s failed institutions largely intact.
He seems to believe that oil revenues will fund the ongoing presence, stating that, “We’ll be selling large amounts of oil to other countries,” and that running Venezuela “won’t cost us anything.”
This is nonsense.
The oil industry in Venezuela is a shambles.
Trump’s particular brand of lawless bravado, narrow-minded nationalism and crony capitalism have combined in Venezuela to lead our nation down a dark hole of open-ended responsibilities for the world’s largest holder of oil reserves and the region’s largest source of migrants (though not narcotics, the alleged threat). The harmful consequences for U.S. national security, and international peace and security more broadly, will unspool for years to come.
Trump’s ‘Donroe Doctrine‘—his rebranding of the Monroe Doctrine aimed at building a U.S. sphere of influence in Central and South America—seems to have made a relatively secure region meaningfully less stable overnight.
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