I think the declining Venezuela oil output is already priced in. I am more concerned that this country is going to totally collapse and create great regional instability and possible widespread bloodshed. I don’t think people realize how precarious this is getting.
I don’t think people realize how precarious this is getting.
My wife worked at a university in our small town, specifically in the foreign student department. They had a lot of Venezuelan students. They are being told by their families in Venezuela (when they can reach them) to stay here and DON’T go home. One of the kids’ family home was taken over by the military and when the gardener protested he was shot dead.
They need some good, old fashioned minutemen in that country right now.
“I am more concerned that this country is going to totally collapse and create great regional instability and possible widespread bloodshed. “
a real collapse is possible only with a military coup or military civil war: the general population is unarmed and starving ... unfortunately, Maduro will be fine as long as he can keep the military and their families housed and fed ...
That may be true, but not one person in Venezuela today filed for bankruptcy because they could not pay their medical bills.
my opinion is yes it will collapse, but not much bloodshed beyond Madura’s head. The reason is that there is no serious opposition to him in the country.