An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, January 29, 2019
Lazar Jeifets — The Venezuela Crisis: Mistakes and Misunderstandings
The article ignores Western sanctions, embargoes, and theft (e.g. $1.2 billion in gold stolen by the Bank of England, plus $7 billion in assets stolen by the USA).
It also ignores the fact that rich oligarchs in Venezuela (who own the TV stations, supermarket chains, etc) all collude against Maduro.
What caused Venezuela’s economic difficulties?
ReplyDeleteThe article ignores Western sanctions, embargoes, and theft (e.g. $1.2 billion in gold stolen by the Bank of England, plus $7 billion in assets stolen by the USA).
It also ignores the fact that rich oligarchs in Venezuela (who own the TV stations, supermarket chains, etc) all collude against Maduro.