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Things not going well in Venezuela


Parliament

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5 minutes ago, BamaATL said:

Given that oil is the big fish, I wonder if they'd be better off immediately suspending the use of their currency in favor of the US dollar (a la Ecuador or I thinks its El Salvador that already do this).  It would allow them to trade in dollars within their own borders with a stable currency far more quickly than trying to stabilize their own.    

Both Ecuador and El Salvador use the US dollar.

Oil is usually traded in dollars. Sanctions hurt the government's ability to secure hard currency.

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Grain of salt

Miraflores Palace At approximately 12:29 am long caravan of vehicles was reported leaving Caracas. It passed through Fort Tiuna and continued inside Miraflores until it exited through Las Mayas. Someone was in a hurry to leave Caracas.

 

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19 minutes ago, tx 3 putt said:

Ideally they drag his body around the streets 

This thing could go all the way (maybe not his death).

Protesters advanced on the henchmen of Nicolas Maduro's Bolivarian Police despite the shots fired on Avenida Universidad in Caracas, Venezuela.

fluent Spanish speakers out there..

Diosdado Cabello, Maduro's lieutenant, entrenched in Miraflores, summons his followers to protect the presidential palace and cause a bloodbath.

 

 

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27 minutes ago, atomheartbevo said:

This thing could go all the way (maybe not his death).

Protesters advanced on the henchmen of Nicolas Maduro's Bolivarian Police despite the shots fired on Avenida Universidad in Caracas, Venezuela.

fluent Spanish speakers out there..

Diosdado Cabello, Maduro's lieutenant, entrenched in Miraflores, summons his followers to protect the presidential palace and cause a bloodbath.

 

 

He calling for the Collectives (Motorcycle groups you see against the protests) to come and defend against the "terrorists" attacking national monuments (Statue of Chavez.) They are led by the intellectuals he says. No call for attacks, just a rigorous defense to see what happens.

 

Translation not perfect. 230 AM. I am tired. But that is it in a nutshell.

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There is still virtually zero information in traditional news sources about this.  CNN has the same article up from yesterday.  Maybe Helob was right, get ready to start getting your news from tiktok.  Appreciate the updates you guys post, maybe we should open a wire service.  

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Posted (edited)

Reuters.com has an article that claims to be updating hourly.  I haven't followed it enough to know how much new info is actually coming in.

I also wonder if the Maduro government is letting foreign journalists in?  Probably not?

And I wouldn't expect American media to take a break from its fellating of one side or the other to care about this, since most Americans don't.

Edited by TexArcher
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37 minutes ago, BamaATL said:

There is still virtually zero information in traditional news sources about this.  CNN has the same article up from yesterday.  Maybe Helob was right, get ready to start getting your news from tiktok.  Appreciate the updates you guys post, maybe we should open a wire service.  

I have been getting news from non traditional sources for a while now. I get news that we either never get, or it is days ahead of the MSM cycle. The only problem is that you get a ton of fake/manipulated news too. You have to be good at sifting through the bullshit. Which after about 8 years of doing it, I am now proficient lol. 

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28 minutes ago, BamaATL said:

That's frustrating because even thought that is true, the fellating, as you aptly put, this is a big part of the mass migration stuff, so it's certainly relevant to the US.   A stable and prosperous Venezuela would actually improve these conditions, but you know fuck it, I'm sure there is breaking news on the Real Housewives of Enid, or some other bullshit.  

 

 

The bigger, underlying problem in places like Venezuela is a non-diversified economy that doesn't require many workers and a very large and fast growing population.

 

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On 7/29/2024 at 7:52 AM, Parliament said:

Why do these guys call themselves "communist."  They're just dictator assholes.  Not communists.

No.  They are certainly communists.  But it will always end up leaning into or going outright Totalitarian.   

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19 minutes ago, Bevo said:

 

 

The bigger, underlying problem in places like Venezuela is a non-diversified economy that doesn't require many workers and a very large and fast growing population.

 

That's true, but it ignores the bigger issue, their socialist over-reliance on oil as the complete and total basis of their economy.  I recall reading a year or two ago that their economy is completely dependent on oil prices being $110 per barrell.  That obviously isn't sustainable in either the near or long terms.  However, the government itself is responsible for stagnating any other economy growth or potential.  Given a free market and opportunity (with a kick start of assistance) in time my bet is they could build a diversified and successful economy.  

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17 minutes ago, BamaATL said:

That's true, but it ignores the bigger issue, their socialist over-reliance on oil as the complete and total basis of their economy.  I recall reading a year or two ago that their economy is completely dependent on oil prices being $110 per barrell.  That obviously isn't sustainable in either the near or long terms.  However, the government itself is responsible for stagnating any other economy growth or potential.  Given a free market and opportunity (with a kick start of assistance) in time my bet is they could build a diversified and successful economy.  

The problem with most economies that focus solely on being an extraction economy is that their focus is at the expense of their other greatest resource: human capital.  You see that in Venezuela (and, not to go CR, but it's happening some in Texas too).  Emphasize pumping oil, because it magically turns into money, and every dollar spent on education/developing your people is a wasted dollar, is a recipe for long-term shittiness.

See Colombia, which also doesn't have a lot of built-in industrial options.  It has spent the last decade+ ramping up education and courting development in technology and such.  I know of multiple people who now employ teams of people working on projects in Colombia.  Venezuela would be smart to do the same....if they can ever get their shit remotely together.

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1 minute ago, Brisketexan said:

The problem with most economies that focus solely on being an extraction economy is that their focus is at the expense of their other greatest resource: human capital.  You see that in Venezuela (and, not to go CR, but it's happening some in Texas too).  Emphasize pumping oil, because it magically turns into money, and every dollar spent on education/developing your people is a wasted dollar, is a recipe for long-term shittiness.

See Colombia, which also doesn't have a lot of built-in industrial options.  It has spent the last decade+ ramping up education and courting development in technology and such.  I know of multiple people who now employ teams of people working on projects in Colombia.  Venezuela would be smart to do the same....if they can ever get their shit remotely together.

you can just admit you use chaturbate.

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Posted (edited)

  

26 minutes ago, BamaATL said:

That's true, but it ignores the bigger issue, their socialist over-reliance on oil as the complete and total basis of their economy.  I recall reading a year or two ago that their economy is completely dependent on oil prices being $110 per barrell.  That obviously isn't sustainable in either the near or long terms.  However, the government itself is responsible for stagnating any other economy growth or potential.  Given a free market and opportunity (with a kick start of assistance) in time my bet is they could build a diversified and successful economy.  

so the way this usually works is that the kick start of assistance enriches foreigners and a select few individuals in government and leaves much of the rest of the country in poverty. that's the pattern of development nearly everywhere in south america and why they keep electing populists (who mostly go about enriching themselves and leaving much of the rest of the country in poverty).

Edited by elfenix
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9 minutes ago, Brisketexan said:

The problem with most economies that focus solely on being an extraction economy is that their focus is at the expense of their other greatest resource: human capital.  You see that in Venezuela (and, not to go CR, but it's happening some in Texas too).  Emphasize pumping oil, because it magically turns into money, and every dollar spent on education/developing your people is a wasted dollar, is a recipe for long-term shittiness.

See Colombia, which also doesn't have a lot of built-in industrial options.  It has spent the last decade+ ramping up education and courting development in technology and such.  I know of multiple people who now employ teams of people working on projects in Colombia.  Venezuela would be smart to do the same....if they can ever get their shit remotely together.

In case you hadn’t noticed, Texas has greatly diversified the state’s economy since WW2.

While “pumping” is still a critical part of our economy, it isn’t the only game in town these days.

 

IMG_3659.jpeg

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4 minutes ago, Armybrat said:

In case you hadn’t noticed, Texas has greatly diversified the state’s economy since WW2.

While “pumping” is still a critical part of our economy, it isn’t the only game in town these days.

 

IMG_3659.jpeg

You are correct.  Yet the impetus right now, cheered on and aggressively pushed by our leadership, is to go back to "drill baby drill" and "schoolin' is for commies and homos."  But I don't want to CR this thread.  The bigger thesis is that resource extraction economies are very, very rarely "good for the people."  They are very good at enriching a select few at the top, and leaving 99% of the population working for their next meal.  Oil, gold, cotton, what have you -- none of those are great at creating a robust middle class.

Venezuela traded one less-than-ideal economy governed by the elite for another model of that economy....that ended up looking a lot like everything they hated about the old model.  Rich people in their villas enjoying their oil dollars is rich people in their villas enjoying their oil dollars: doesn't matter whether you call 'em capitalists or Bolivarian revolutionaries.  They have lots of money while the people try to scrape by.  Authoritarian states/oligarchies suck; "ideology" is just a veneer.

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What I do know is this, the economic strategy of "well it doesn't work for us now, and it's not gonna work for us in the future, but fuck it, let's just keep going," doesn't seem very effective.  That seems like a pretty good recipe for a strongman to get stabbed to death in the street after a while, and perhaps we are there.  

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55 minutes ago, Rip76 said:

If this goes the way of the people, we may need a thread title change to "things going well......" 

No so fast. There is always a time of crisis after a change like this. Retribution, readjustments, etc.

For the next 5 years from when there is a change there will be ripples. Anyone under 20 has only lived in fucked up times.

In the meantime, expect continual migration and internal stagnation.

@Brisketexan, yes, Venezuela would be smart to follow Colombia's lead for use of educated work force, but I wonder how educated the work force is to jump into a quickly moving modern business setting.

 

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Just now, Parliament said:

So what are the chances this ends relatively peacefully and Venezuela ends up as a free country?

I would put it on par with aggy winning a national championship in football. I mean, it could happen, but..... aggy.

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9 minutes ago, InkaUtexas said:

No so fast. There is always a time of crisis after a change like this. Retribution, readjustments, etc.

For the next 5 years from when there is a change there will be ripples. Anyone under 20 has only lived in fucked up times.

In the meantime, expect continual migration and internal stagnation.

@Brisketexan, yes, Venezuela would be smart to follow Colombia's lead for use of educated work force, but I wonder how educated the work force is to jump into a quickly moving modern business setting.

 

 

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17 minutes ago, InkaUtexas said:

No so fast. There is always a time of crisis after a change like this. Retribution, readjustments, etc.

For the next 5 years from when there is a change there will be ripples. Anyone under 20 has only lived in fucked up times.

In the meantime, expect continual migration and internal stagnation.

@Brisketexan, yes, Venezuela would be smart to follow Colombia's lead for use of educated work force, but I wonder how educated the work force is to jump into a quickly moving modern business setting.

 

All of this.

And as for following Colombia's lead....they'd have to follow it all the way.  Colombia didn't start with an educated work force.  Peace gave them some breathing room to actually educate some people.  Venezuela will have to do the same.  It would take at least a decade before it yields any real dividends.  It's an investment.

But modern thinking doesn't seem to do much investing these days.

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2 minutes ago, Brisketexan said:

All of this.

And as for following Colombia's lead....they'd have to follow it all the way.  Colombia didn't start with an educated work force.  Peace gave them some breathing room to actually educate some people.  Venezuela will have to do the same.  It would take at least a decade before it yields any real dividends.  It's an investment.

But modern thinking doesn't seem to do much investing these days.

It would take time, but there is a benefit to immigration, education. Colombia and El Salvador in Latin American benefited from this and took advantage.

But in these instances the population was sent home at some point. Yes, it caused some real problems, like the gangs did, but there was a push for modernization from this group in the education sector. And they both did have the foundation of an URBAN educated population missing in lots of places.

So lets open a school there.

There is no model for this since little things, like culture, come into play.

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Latest I have seen. You all are right. Coverage sucks.

Police responded with tear gas and some gunfire. At least 132 people were arrested and six killed nationwide, the rights group Foro Penal reported.

Forty-eight soldiers and police officers were wounded and one soldier killed, Defense Minister Vladimir Padrino López said, in what he called “violent actions promoted by the Venezuelan extreme right” during a “media coup d’état” supported by North American imperialism.”

https://www.msn.com/en-us/news/other/at-least-seven-dead-reported-as-maduro-meets-venezuelan-protests-with-force/ar-BB1qTGIw

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2 minutes ago, Macanudo said:

A School of the Americas?  Because then you'd have the full backing and funding of the U.S. military behind you.

Nah, they have one in Georgia. The hookers there would revolt if you moved it.

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14 hours ago, InkaUtexas said:

That is national guard. I have not seen anythign showing the Army has left the barracks. And the Captains are the one to watch. A few Colonels might call for action one way or another, but the Captains and Lieutenants control the troops and armories.

House Party Dancing GIF by Amazon Prime Video

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https://www.threads.net/@ghostoflviv_/post/C-Dpq6SyfOB?xmt=AQGzKN-G9Ji1_JEM9zX9xWvNpv4PxbakM5Q860gESd3DZw

Current scenes in Venezuela as thousands of people take to the streets in protest against the Maduro regime

 

https://www.threads.net/@carlostechbytes/post/C-Dhs70x-m8?xmt=AQGzKN-G9Ji1_JEM9zX9xWvNpv4PxbakM5Q860gESd3DZw

UPDATE 19 – VENEZUELA SITUATION 🇻🇪
- Opposition leaders María Corina Machado and Edmundo González are heading to the UN headquarters in Caracas to demand respect for the election results. They have called for a peaceful reunion.
- Policemen and military reaffirm their loyalty to Maduro by sabotaging and causing fear at some peaceful protests, they have been shooting so that people go to their homes.
FREE VENEZUELA 🇻🇪🇻🇪🇻🇪🇻🇪

 

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1 minute ago, MillerEP said:

The detention/kidnapping (no one knows who took them) is being reported on a lot of media sites.

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5 minutes ago, atomheartbevo said:

Shit is ramping up, they are going after the large opposition crowds

 

this is what I was talking about last night. This is the tactic. Break them up, corral them as you can, and then get who you want. Maybe we need to send in a bunch of piano wire.

This is to be expected. The government cannot be seen to NOT respond. But how effective will it be?

Concerning migration. Maduro cares little. Those that leave are not part of his system. They are less mouths to take care of and control. It is a play right out of the Cuba approach to migration. Remember the Mariel Boatlift? This dude was never going to fit into Castro's vision.

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