Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Generational Dynamics World View
*** 10-Jan-18 World View -- Venezuela threatens to close borders with Colombia and Dutch territories

This morning's key headlines from GenerationalDynamics.com
  • Venezuela's Socialism drives hundreds of thousands into Colombia
  • Venezuela threatens to end trade with Aruba, Curaçao and Bonaire

****
**** Venezuela's Socialism drives hundreds of thousands into Colombia
****


[Image: g180109b.jpg]
Larry Centeno, 44, once had his own construction company in Venezuela. Now he makes a living selling coffee on the streets of Colombia’s capital. (Miami Herald)

Venezuela's Socialism continues to destroy the economy. More and
more, people are losing weight because of food shortages, and children
are dying in hospitals because basic medicines aren't available.

The bolivar currency, in which the "sainted" former president Hugo
Chávez took such pride and pleasure, is today worth little more than
toilet paper, with the country's inflation rate around 600%, expected
to rise to 2,300% in 2018, according to the International Monetary
Fund (IMF).

Venezuela has more oil than any other nation in the world, but because
of successful implementation of pure Socialism by Chávez and by the
current dictator, Nicolás Maduro, the oil company PDVSA has been
nationalized and turned over to the dictator's Socialist cronies, who
are so corrupt and incompetent they couldn't operate a bicycle, let
alone an oil company.

The result is that oil production keeps falling. It's absolutely
incredible how much destruction Socialism is doing to Venezuela's
economy. In December, Venezuela produced 1.7 million barrels of oil
per day, down 27% since 2014, and the lowest level of production in 28
years. Even though global oil prices have been rising in the last few
weeks, it's done little good for Venezuela because oil production
keeps collapsing.

Since oil is pretty much Venezuela's only export that it can use to
earn foreign currency (dollars), Venezuela can no longer import food
or medicines, which is why people are starving to death and babies are
dying in hospitals.

Maduro is hoping that Russia or China will bail him out, the way that
they used to bail out Cuba's Socialism. However, those countries
really don't care about Venezuela and so it will be bailed out only to
the extent that it annoys the United States.

With the bolivar currency more worthless than toilet paper, and with
food and medicines almost impossible to buy, hundreds of thousands of
people from Venezuela have been crossing the border into Colombia,
some just to get food to take back home, some to earn money to take
back home to family.

There's an ironic twist. When it was available, food was heavily
subsidized in Venezuela. So people living near the border would buy
subsidized food in Venezuela and sell it in Colombia at much higher
prices.

This is no longer possible. Instead, citizens now take anything they
can from Venezuela and take it across the border to sell it and earn
Colombian pesos, and then use those pesos to purchase food, medicines,
and other basic products needed to survive. They can then sell those
products on the black market in Venezuela at a much higher price.
Rice, for instance, can be bought in Colombia for the equivalent of
about 1,300 bolivars and sold in Venezuela for around 1,800 bolivars.

With hundreds of thousands of refugees possibly turning into millions,
Colombia's own economy may become destabilized. According to Jozef
Merkx, head of the U.N. High Commission on Refugees in Colombia, the
Colombian government will have the primary responsibility of providing
documentation, health services, education, and in some cases shelter
to the migrant influx. This is a problem facing many countries around
the world where huge numbers of migrants and refugees are fleeing
violence and starvation. Vice News and Reuters and CNN and Reuters (8-June-2016)

****
**** Venezuela threatens to end trade with Aruba, Curaçao and Bonaire
****


Venezuela is threatening to end all trade with three Caribbean islands
governed by the Netherlands -- Aruba, Curaçao and Bonaire. And the
reason is the same as for Colombia.

Venezuelans are smuggling goods into those three islands, just as they
are into Colombia.

Venezuela's Socialist dictator Nicolás Maduro is seeking to blame
anyone but himself for the disaster he's caused. Often he blames a
criminal conspiracy by the United States.

But now he's blaming "the mafias" for his disaster. In December he
said,

<QUOTE>"In Aruba and Curaçao, the mafias are tearing us
apart, and I have even thought about closing all means of
communication, and all commercial interaction, of all kinds: Both
air and sea with Aruba, Curaçao and Bonaire at any time.

I’ve thought about it seriously, about the mafias that take
everything — the oil, rubber, shampoo, meals, everything — and for
Cúcuta ... And Maicao ... Oh, we have a surprise for
you."<END QUOTE>


On Friday of last week, Maduro began to implement his "surprise."

He suspended all air and sea traffic with Aruba, Bonaire and Curaçao.
The suspension was supposed to last only 72 hours, but on Monday he
not only extended the suspension indefinitely, but also prohibited all
trade between the islands and Venezuela.

Venezuela's vice president Tareck El Aissami announced the extension
by echoing Maduro's words and saying that they will combat "the mafias
that steal our assets and smuggle with impunity strategic materials,
which severely affect the services and quality of life."

This could be financially disastrous for the three islands, because
they have a big economic dependency on Venezuela. Fresh fruit and
vegetables arrive at the islands in small boats from Venezuela.

Most important, Venezuela's oil company PDVSA leases refineries in
Curaçao and Aruba to process crude into gasoline, naphtha, diesel, jet
fuel, asphalt, base oils and lubricants, and to blend its diluted
extra-heavy crude with light crude for export, much of it sent to
PDVSA's US-based subsidiary, CITGO. On Bonaire, PDVSA owns a large
oil terminal.

So far, Maduro's blockade of the three Caribbean islands has not
affected their relationship with PDVSA. However, in view of the
concern that this will be Maduro's next step, the government of the
Netherlands has been asked contact Venezuela's government and "to seek
clarity from Venezuela" with regard to commercial relations. PanamPost and Telesur and Hellenic Shipping News and Jamaica Observer and Miami Herald

Related articles:


KEYS: Generational Dynamics, Venezuela, Hugo Chávez, Nicolás Maduro,
Petróleos de Venezuela S.A., PDVSA, Tareck El Aissami,
Netherlands, Aruba, Curaçao, Bonaire, Jozef Merkx

Permanent web link to this article
Receive daily World View columns by e-mail
Contribute to Generational Dynamics via PayPal

John J. Xenakis
100 Memorial Drive Apt 8-13A
Cambridge, MA 02142
Phone: 617-864-0010
E-mail: john@GenerationalDynamics.com
Web site: http://www.GenerationalDynamics.com
Forum: http://www.gdxforum.com/forum
Subscribe to World View: http://generationaldynamics.com/subscribe
Reply


Messages In This Thread
RE: Generational Dynamics World View - by radind - 05-14-2016, 03:21 PM
RE: Generational Dynamics World View - by radind - 05-23-2016, 10:31 PM
RE: Generational Dynamics World View - by radind - 08-11-2016, 08:59 PM
RE: Generational Dynamics World View - by SomeGuy - 01-18-2017, 09:23 PM
RE: Generational Dynamics World View - by tg63 - 02-04-2017, 10:08 AM
RE: Generational Dynamics World View - by Galen - 03-13-2017, 03:33 PM
RE: Generational Dynamics World View - by SomeGuy - 03-15-2017, 02:56 PM
RE: Generational Dynamics World View - by SomeGuy - 03-15-2017, 03:13 PM
RE: Generational Dynamics World View - by Galen - 05-30-2017, 01:04 AM
RE: Generational Dynamics World View - by Galen - 07-08-2017, 01:34 AM
RE: Generational Dynamics World View - by tg63 - 08-09-2017, 11:07 AM
RE: Generational Dynamics World View - by tg63 - 08-10-2017, 02:38 PM
RE: Generational Dynamics World View - by Galen - 10-25-2017, 03:07 PM
RE: Generational Dynamics World View - by rds - 10-31-2017, 03:35 PM
RE: Generational Dynamics World View - by rds - 10-31-2017, 06:33 PM
RE: Generational Dynamics World View - by noway2 - 11-20-2017, 04:31 PM
RE: Generational Dynamics World View - by Galen - 12-28-2017, 11:00 PM
RE: Generational Dynamics World View - by Galen - 12-31-2017, 11:14 PM
10-Jan-18 World View -- Venezuela threatens to close borders with Colombia and Dutch - by John J. Xenakis - 01-09-2018, 11:45 PM
RE: Generational Dynamics World View - by JDG 66 - 06-22-2018, 02:54 PM
RE: Generational Dynamics World View - by JDG 66 - 07-11-2018, 01:42 PM
RE: Generational Dynamics World View - by JDG 66 - 07-11-2018, 01:54 PM
RE: Generational Dynamics World View - by JDG 66 - 07-19-2018, 12:43 PM
RE: Generational Dynamics World View - by JDG 66 - 07-25-2018, 02:18 PM
RE: Generational Dynamics World View - by JDG 66 - 07-11-2018, 01:58 PM
RE: Generational Dynamics World View - by Galen - 08-18-2018, 03:42 AM
RE: Generational Dynamics World View - by Galen - 08-19-2018, 04:39 AM
RE: Generational Dynamics World View - by tg63 - 09-25-2019, 11:12 AM
RE: Generational Dynamics World View - by JDG 66 - 03-09-2020, 02:11 PM
RE: Generational Dynamics World View - by Camz - 03-10-2020, 10:10 AM
RE: Generational Dynamics World View - by tg63 - 03-12-2020, 11:11 AM
RE: Generational Dynamics World View - by JDG 66 - 03-16-2020, 03:21 PM
RE: 58 year rule - by Tim Randal Walker - 04-01-2020, 11:17 AM
RE: 58 year rule - by John J. Xenakis - 04-02-2020, 12:25 PM
RE: Generational Dynamics World View - by Isoko - 05-04-2020, 02:51 PM
RE: Generational Dynamics World View - by tg63 - 01-04-2021, 12:13 PM
RE: Generational Dynamics World View - by CH86 - 01-05-2021, 11:17 PM
RE: Generational Dynamics World View - by mamabug - 01-10-2021, 06:16 PM
RE: Generational Dynamics World View - by mamabug - 01-11-2021, 09:06 PM
RE: Generational Dynamics World View - by mamabug - 01-12-2021, 02:53 AM
RE: Generational Dynamics World View - by mamabug - 01-13-2021, 03:58 PM
RE: Generational Dynamics World View - by mamabug - 01-13-2021, 04:16 PM
RE: Generational Dynamics World View - by mamabug - 01-15-2021, 03:36 PM
RE: Generational Dynamics World View - by galaxy - 08-19-2021, 03:03 AM
RE: Generational Dynamics World View - by galaxy - 08-21-2021, 01:41 PM
RE: Generational Dynamics World View - by galaxy - 02-27-2022, 06:06 PM
RE: Generational Dynamics World View - by galaxy - 02-27-2022, 10:42 PM
RE: Generational Dynamics World View - by galaxy - 02-28-2022, 12:26 AM
RE: Generational Dynamics World View - by galaxy - 02-28-2022, 04:08 PM

Possibly Related Threads...
Thread Author Replies Views Last Post
  Why the social dynamics viewpoint to the Strauss-Howe generational theory is wrong Ldr 5 4,797 06-05-2020, 10:55 PM
Last Post: pbrower2a
  Theory: cyclical generational hormone levels behind the four turnings and archetypes Ldr 2 3,385 03-16-2020, 06:17 AM
Last Post: Ldr
  The Fall of Cities of the Ancient World (42 Years) The Sacred Name of God 42 Letters Mark40 5 4,659 01-08-2020, 08:37 PM
Last Post: Eric the Green
  Generational cycle research Mikebert 15 16,215 02-08-2018, 10:06 AM
Last Post: pbrower2a
Video Styxhexenhammer666 and his view of historical cycles. Kinser79 0 3,322 08-27-2017, 06:31 PM
Last Post: Kinser79

Forum Jump:


Users browsing this thread: 4 Guest(s)