Ah, the so-called triumph of socialism, where one of the most oil rich nations in the world suffer from almost daily blackouts, due in large part to mismanagement of a once commendable electrical grid. One must wonder, however, if the people running the electrical grid are getting the same death threats as doctors who have to work in truly horrific, almost medieval, conditions… or worse.
It is a matter of time before something breaks and the course that Venezuela is on ends, what with deadly riots and machete-wielding youth gangs fighting over garbage. Such change could happen sooner rather than later.
“The consensus view among the participants of the Emerging Markets Trade Association and Siobhan Morden, a managing director for Nomura Securities in New York, is that Venezuela’s leader Madura will be out within 12 months.
“…
“Direct military intervention aka a military coup is needed for the Madura regime to change.”
Perhaps the need for military intervention explains why Venezuela’s neighbors are a bit worried that Maduro might try to distract both the people and the military with external interventions.
“[Guyana] Minister of State, Joseph Harmon told Demerara Waves Online News that reports that Venezuela had been planning an incursion into Guyana’s territory was being factored into government’s analysis. ‘Of course, as a nation, we have to take all of these things into consideration. We cannot disregard any reports like that,’ said Harmon, a retired Lieutenant Colonel of the Guyana Defence Force and current member of the Defence Board.”
