U.S. imposes first economic sanctions against Venezuela

I'm not sure what to think about this one.
The people are already suffering so I doubt it will hurt them, but the government will take a hit for sure.

"The U.S. imposed its first economic penalties against Venezuela on Friday, hitting the South American country’s financial sector in an attempt to starve President Nicolás Maduro’s government of cash."


"Barring Venezuelan debt purchases could cripple Caracas’ ability to raise money to pay off interest on its growing national debt, as the oil-producing country has been doing in the middle of an unprecedented economic collapse."

www.miamiherald.com...

Will this cause a revolution in Valenzuela?
It certainly keeps wall street from financing maduro.

What is the point?


The country is already broke and a wreck?


How are sanctions going to work?

a reply to: Phonixfromtheashes

I think the idea is to keep them from paying off their debt. But in not sure myself.

a reply to: Bluntone22

Regime change, uhhhh does Iraq, Afghanistan, Libya etc. ring a bell?

a reply to: starwarsisreal

Egypt?

Guess we wait and see.

a reply to: Bluntone22

With the way things are going we will soon see war in Venezuela and North Korea.

I wonder how long will it take before people snap and say enough is enough.

The comic book the DMZ shows that because of the US spending more on foreign wars while neglecting its citizens back home, Mid Western militias started launching a rebellion against the government and begin a 2nd American civil war.

a reply to: starwarsisreal

I dont see a war in Valenzuela, maybe more like what happened in Panama.

Korea is a different monster. The problem was ignored since clinton and is likely to bite us in the butt.

A coup is more appropriate than a cival war here.

Venezuela is socialist. Obama had wanted a good relation with Venezuela. Trump is against socialism. This move by Trump against Venezuela was expected.

a reply to: Bluntone22

It will infuriate the citizens more though. Let's face it, US citizens are very wary of foreign interventions and a US invasion of Venezuela will further make the people don't trust the government.

originally posted by: starwarsisreal
a reply to: Bluntone22

Regime change, uhhhh does Iraq, Afghanistan, Libya etc. ring a bell?

Did someone mention oil in Venezuela? Sound's like they need some FREEDOM!!!!

a reply to: Phonixfromtheashes

The sanctions only affect the US. It prevents Maduro / its oil company from selling Venezuelan debt on US markets.

America is in the business of war.

Business is picking up thanks to trump.

Be sure and have your kids sign up!!

a reply to: olaru12

Apparently I missed the last 8 years of peace.

a reply to: SgtHamsandwich

Didn't we already buy their oil?

a reply to: Bluntone22

Why pay for the milk if you can just freedom the cow?

a reply to: SgtHamsandwich

We pay for Iraq's oil.
The Chinese buy more than half of Iraq's production.

Infiltration and subversion is doing all it can, now the sanctions, then begin bombing...

a reply to: Bluntone22

This is bad, in my opinion. People are already starving and going without energy or clean water. This will hurt real people, not just the government. I wish Trump would fix what's wrong at home and stop messing with others.

a reply to: TobyFlenderson

Let's be honest here.
Trump is trying to fix his home.
Repealing the aca.
Cracking down on illegal immigration.
He has been stoped at every turn.

Neither side can agree what our problems are yet along fix them.

Venezuelans are suffering. No lie.
Not sure this will be better or worse for them.

Refugees. Are we going to shoot them at the border?