The US
empire won't stop trying to overthrow current Venezuelan government
in order to establish a right-wing pro-US regime, as it did many
times in the past, especially in Latin America. The Western media
propaganda which depicts Maduro as dictator and hides the awful
atrocities committed by right-wing protesters seems that it failed for
the moment, as Maduro still enjoys significant popular support.
However,
the US still has the ability to sabotage the Venezuelan economy in
order to achieve greater popular dissatisfaction and uprising that
will lead to the collapse of Maduro administration.
Gregory
Wilpert, a German-American sociologist, senior producer and host of
the Real
News, who lived in Venezuela, explains the key
element of this ability:
An oil
embargo would be very devastating for Venezuela, because Venezuela
continues to export something like close to a third of its oil to the
United States, and the thing that one needs to know is that most of
that oil goes to very specific refineries that are equipped to handle
with the extra-heavy crude, or heavy crude that Venezuela tends to
export to the US.
And so,
it won't be that easy to find new markets for it because you'd have
to find new refineries that have additional capacity to refine this
particular type of crude. In other words, the refineries that
Venezuela has in the US are specifically made for Venezuelan oil. So
it would be very big blow, but of course a blow to the US economy to
some extent as well, because Citgo, which belongs to Venezuela, is
one of the largest oil companies in the United States with something
like 14,000 gas stations. But would be a much bigger blow to
Venezuela.
The
calculus is, again, to cripple the Venezuelan economy precisely to
bring a radical break with the Chavista or Maduro government because
that would lead to basically a complete inability of Venezuela to
import any products, and it depends, still, to a large extent on
imports in order to feed the population.
Tillerson
has said that they want to take that into account and want to try to
soften the blow, but I think that's just rhetoric. If they really go
through it, it would be basically trying to repeat the Nicaragua
example of what happened in 1990 where people said even if we support
the government, we're going to have to vote against it because we've
got a gun against our head on this.
It is
expected that the US empire will intensify efforts to overthrow
Maduro as it seems that he tries to decouple the Venezuelan economy
from petro-dollar, through risky but innovative moves like, for
example, types of Cryptocurrencies issued by the Venezuelan state.
After
the successful
premiere of Petro,
Venezuela's first Cryptocurrency, the country is about to send
another shock wave against the Wall Street mafia and the Western
banking cabal, very quickly. Maduro announced a second
Cryptocurrency that will be
backed by gold and other precious metals!
This
second, back-to-back action by Venezuela reveals efforts to start
transactions that will be based not solely on the oil reserves. The
attempt is probably indicative of Maduro's strategic plans to build a
much more flexible economy that will permit Venezuela to minimize
impact from Western sanctions.
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