Venezuela’s oil production is falling precipitously despite increased demand and rising prices. Quality is dropping. The market for their heavy crude production is diminishing and won’t rebound anytime soon.
The regime won’t pay their bills or invest in their own infrastructure or maintenance. They have chased away international business by seizing assets or demanding services they won’t pay for. The Maduro regime has run out of “Other People’s Money.”
Their population is suffering horribly from shortages of food, medicine, and human rights. There has been no uprising only because the regime has so far treated the military better than the general population
No comments:
Post a Comment