- cross-posted to:
- mapporn@lemmy.world
- cross-posted to:
- mapporn@lemmy.world
In case you wonder about Guyana: they discovered a lot of oil in the 2010s.
Guyana killing it.
The reward for that is that they have to fend is invasion from Venezuela.
Putin tried to get maduro to stir up another conflict to distract the US from Ukraine. Maduro flew to Moscow right before trying that invasion
Does 4-5x outpace inflation?
Probably not, but I think it must be inflation adjusted.
How could Venezula start out as the strongest, keep the exact value and end up being in last place?
Dictator
Extreme US sanctions because the US has to play Team America World Police against any country that dares socialism.
This is not true. Our economic crisis started with the drop of the oil price which predates US sanctions by 5 years.
Certainly is drastically making things worse now though, right?
Not particularly. Read up on it from an unbiased source and you’ll notice that most vital humanitarian items (medicines, food, vaccines, etc.) are exempted. While luxury and consumer items are mostly untouched as well. It’s actually private personal accounts and industrial transactions of the politically affiliated capital owners, that support the current government, that are sanctioned. Also oil sales specifically. The sanctions were also gradually reduced for almost two years during negotiations, then completely halted after a partial agreement in October last year.
The, “us sanctions are killing Venezuelan people” is actually a global left propaganda piece. The Chavista government was killing Venezuelan people and stealing money way before the US instated sanctions.