Ecuador: Mouse That Roars

[Socialistlemur]

8. Your comments are outdated

This is mid 2013. Chavez ruined Venezuela but the 2012 elections and his terminal cancer led him to do a lot worse...in his efforts to pump the economy and create that feeling of well being he wanted the people to have he made a bunch of bad moves. I'm not going to go into the details with you here but it's clear to those who do understand what I write that Maduro inherited a really complex mess, including really high inflation, high debt, overvalued currency, scarcity of food and declining oil production.

Regarding the ongoing conflict, it may be something you don't get, but right now Cuba and Venezuela are seen as a toxic threat by most nations. But it seems their policy is to wave from a distance and get aligned with USA trade deals. Or as Colombia did get cozy with NATO. The US policy seems to simply lure them with trade. And to just sit and wait for Venezuela to start bond defaults. This will kill their credit and they will have no exit, nor will they have cash to finance trouble elsewhere....