Article

2014-06-23 Caribbean-Latin America

Death Toll from Venezuela Protests Rises to 43

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Posted by trailing wife 2014-06-23 00:00|| || Front Page|| [11132 views ] Top

#1 Thunderous silence of western MSM.

Posted by g(r)omgoru 2014-06-23 02:02|| 2014-06-23 02:02|| Front Page Top

#2 Protests are slowly fading out. A group of economic pragmatists have just gained power and vow to united the various currency regimes. We'll see. Imports down, bonds up. Maduro might be able to squeak by.

Posted by Shipman 2014-06-23 08:47|| 2014-06-23 08:47|| Front Page Top

#3 A link to a Bloomberg Article on same.

Posted by Shipman 2014-06-23 08:55|| 2014-06-23 08:55|| Front Page Top

#4 The country's problems have nothing to do with socialist leaders, no siree!

Posted by Raj 2014-06-23 09:11|| 2014-06-23 09:11|| Front Page Top

#5 in the country with the world's largest proven oil reserves.

Is this true? I'd always thought it was Saudi....

Posted by BA 2014-06-23 10:16|| 2014-06-23 10:16|| Front Page Top

#6 It might now actually be the U.S., BA. With fracking and new explorations, even China is getting into the game.

Posted by trailing wife 2014-06-23 13:05|| 2014-06-23 13:05|| Front Page Top

#7 True that, TW. I knew we (the U.S.) was on the rise, but is that statement true based upon the "previous" rankings? Or is it shoddy news work?

Posted by BA 2014-06-23 13:52|| 2014-06-23 13:52|| Front Page Top

#8 i've no idea, BA. it's not the kind of thing I pay close attention to, caring only that we become less dependent on those who use our money to finance terror. But I'm sure there are those here who do know and will tell us. :-)

Posted by trailing wife 2014-06-23 14:03|| 2014-06-23 14:03|| Front Page Top

#9 Venezuela has massive, massive reserves of very, very heavy oil in the Orinco. This oil is not much lighter than bitumen and requires upgrading pretty much on the spot to travel. Upgraders are expensive has hell and maintenance heavy. So yeah, it's there, but no one will invest without a major change in government. Which means not in the next 100 years.
Meanwhile they will fuck up what medium weight oil they have, by deferring maintenance until such a time as is politically and financially feasible. which means not in the next 100 years. The Chinese are starting to understand the game and not loaning any cash except under credit cards terms. This is the absolute perfect case of screwing up a piss-up in a brewery.

Posted by Shipman 2014-06-23 14:19|| 2014-06-23 14:19|| Front Page Top

#10 Shipman: if you look at Venezuela as being run for Russia's, China's, Saudi Arabia's and Iran's benefit rather than for Venezuela's, it makes more sense. Yes, it's screwed up for the Venezuelans, but they don't matter in the New Colonial World Order. As far as China's concerned, they got to resell Venezuelan oil at a couple thousand percent markup, and Russia/Iran/Saudi Arabia make money out of Venezuela's production being further crippled.

Posted by Thing From Snowy Mountain 2014-06-23 15:33|| 2014-06-23 15:33|| Front Page Top

#11 To be more exact Snowy, Venezuela is being run for the Castros benefit in particular and Cuba in general. It's shameless. Pretty much everyone here knows I have a major soft spot for the Cuban people, but their hanging on to the Venezuelan teat is killing them both.

Posted by Shipman 2014-06-23 16:13|| 2014-06-23 16:13|| Front Page Top

#12 Shipman: referring to this.

Posted by Thing From Snowy Mountain 2014-06-23 18:06|| 2014-06-23 18:06|| Front Page Top

#13 Thanks Snowy, got it.

Posted by Shipman 2014-06-23 21:11|| 2014-06-23 21:11|| Front Page Top

#14 More corpses, eh? And who says socialism always makes you run out of stuff!

Posted by SteveS 2014-06-23 21:44|| 2014-06-23 21:44|| Front Page Top

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