Quote:
Originally Posted by Mr.Coffee
Dear Spaz
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That was funny!
Quote:
Originally Posted by Cowperson
Intervention can mean a lot of things.
In my original post, I said Chavez's scaremongering around the threat of an "imminent American invasion" was comical. . . . . which it is.
You're the guy who came along later and started talking about coups, a different thing, after which I pointed out Chavez would know all about coups since he participated in one.
Nevertheless, if Chavez follows through on his economic plans, all America probably has to do is wait a requisite amount of time for the Venezuelan economy to cave in . . . . and given the way he is concentrating power to himself, it probably wouldn't be a surprise to see a confluence of all those factors leading to a coup at some point, particularly given the history of the country.
The sad thing is, in a world awash in cash looking for places to invest, where all four corners of the globe are growing in sync for the first time in decades, Venezuela appears to be cutting itself off from access to that cash with nationalization schemes.
Cowperson
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Technically a coup d'etat and an invasion are different, but the result is basically the same - regime change. If the US was to invade Venezuela, it's not like they would allow Chavez to continue to be the leader. If there was a coup, it would probably be lead by the US.
As far as I am concerned, oil-economics and regular economics are two completely seperate things. The regularities (supply/demand, invisible hand...) disapear whenever oil is involved. I honestly do not think any country, with the vast supply of oil that Venezuela has, has to worry about their economy. They don't need investment, we're not talking about Ethiopia here, they're self-sufficent. It's not like foreign governments are going to say "Hey, this oil came from Venezuela, let's not pay the market price per barrel." Where's the logic? The only end result would be, that I can see, is Venezuelian (government owned) oil companies making the huge money rather than the typical big oil and the money going back to the people of Venezuela. Ignoring their huge oil reserves and saying their economy will fail is not very realistic.
I chalk your mentality up to NEP flashbacks, which really, is not applicable in this situation.