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US Sanctions Against Venezuela Will Hurt Americans

mises.org / Ryan McMaken / September 19, 2017

After fifty years of imposing embargoes and other sanctions, the United States never managed to topple Cuba’s communist regime. After forty years of the same in Iran, the US met with similar amounts of success. Ongoing sanctions against North Korea have not toppled to regime there.

[…]

Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely?

theeconomiccollapseblog.com / By Michael Snyder / September 14th, 2017

Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar. Most Americans don’t even know what the petrodollar is, but for those of you that do understand what I […]

August CPI: Shelter Inflation Fastest Since 2015 And The Home Price Bubble

wallstreetexaminer.com / by Anthony B Sanders / September 14, 2017

This is a syndicated repost courtesy of Snake Hole Lounge. To view original,click here. Reposted with permission.

While Venezuela has an inflation rate of over 2,000%, the US has an inflation rate of 0.4% for August 2017 (and 1.9% YoY).

According to the Bureau […]

Venezuela’s Inflation Rate Just Hit 2,061% (6 Mo CDS At Almost 13,000)

wallstreetexaminer.com / by Anthony B Sanders / September 14, 2017

This is a syndicated repost courtesy of Snake Hole Lounge. To view original,click here. Reposted with permission.

Yes, the US economy like Europe and Japan are suffering from chronically low rates of inflation (unless you count things like home prices,. rent, college tuition, healthcare, […]

Oil Rich Venezuela Stops Accepting Dollars

goldcore.com / By janskoyles / September 14, 2017

President Maduro ‘ Venezuela will create a basket of currencies to free us from the dollar,” Oil traders ordered to stop accepting U.S. dollar in exchange for crude oil Order comes following calls from Russia and China to find alternatives to current reserve system U.S. Dollar […]

Venezuela’s Maduro says he will shun U.S. dollar in favor of yuan, others

gata.org / From Reuters / 2017-09-08

CARACAS — Venezuelan President Nicolas Maduro said on Thursday his cash-strapped country would seek to “free” itself from the U.S. dollar next week, using the weakest of two official foreign exchange regimes and a basket of currencies.

Maduro was refering to Venezuela’s “DICOM” official exchange rate in which the […]

Venezuelans Find A New Way To Fight Back

zerohedge.com / by Rene Chun via The Atlantic / Sep 3, 2017 1:42 PM

Hyperinflation has driven thousands to seek out unorthodox currency.

In Venezuela, home to some of the worst hyperinflation since the Weimar Republic, a Big Mac costs about half a month’s wages. Or rather, it did, until a bread shortage […]

Venezuela Headed For “Messiest Debt-Restructuring In History” Thanks To US Sanctions

zerohedge.com / Sep 1, 2017 7:15 PM 7:40 PM

After being effectively shut out from global financial markets – a situation that was made more precarious by US sanctions prohibiting purchases of Venezuelan debt (unless you’re buying them off Goldman Sachs, should the bank’s asset-management arm desire to liquidate its $3 billion “hunger bond” […]

President Assad and the Syrian Armed Forces have Shaken US Hegemony to the Core

21stcenturywire.com / via VoltaireNet / 21stcenturywire.com

In this article, Thierry Meyssan distinguishes the analysis and strategy of President Assad on the one hand and Maduro and Morales on the other. His aim is not to place these leaders in competition, but rather to call upon each of them to remove themselves from political catechisms and […]

China Slams White House For Latest Sanctions On “Close Ally” Venezuela

zerohedge.com / by Tyler Durden / Aug 28, 2017 2:03 PM

Shortly after the White House unveiled new sanctions last Friday against Venezuela while prohibiting U.S. trading in various bonds issued by the country (while exempting the notorious Goldman “Hunger Bonds”), Venezuela’s “close ally” China slammed the latest diplomatic crackdown and said on Monday […]

The Debt Bubble Is Beginning To Burst

investmentresearchdynamics.com / Dave Kranzler / August 23, 2017

There will be numerous excuses issued today by perma-bull analysts and financial tv morons explaining away the nearly 10% drop in new home sales. Wall Street was looking for the number of new homes, as reported by the Census Bureau, to be unchanged from June. June’s original […]

Gun Control Laws Have Failed Latin America

mises.org / José Niño / August 24, 2017

It’s no secret that Latin America is rife with violence. A recent ranking from the Citizen’s Council for Public Security and Criminal Justice(CCSPJP) further illustrates this point with the top 10 most violent cities in the world being exclusively located in Latin America. Additionally, Latin America […]

What to Do When Government Money Goes Bad

caseyresearch.com / By Greg Wilson, analyst, Palm Beach Confidential / August 21 2017

Justin’s note: Today, my good friend Greg Wilson, analyst for Palm Beach Confidential, explains why you can’t trust the government to protect your money. Instead, there’s a better way to secure your wealth. Read on to learn how…

By Greg Wilson, […]

Big Oil Nervous As Venezuela’s Maduro Seizes More Power

zerohedge.com / by Tsvetana Paraskova via OilPrice.com / Aug 21, 2017

The pro-government constitutional assembly loyal to Venezuelan President Nicolas Maduro seized the powers of the opposition-led congress today, in a move that necessarily has Big Oil nervous that Trump will make good on his economic sanctions threat.

Maduro’s bold political move on […]

ATTACK VENEZUELA? TRUMP CAN’T BE SERIOUS!

thedailysheeple.com / THE RON PAUL INSTITUTE / AUGUST 14, 2017

There is something unsettling about how President Trump has surrounded himself with generals. From his defense secretary to his national security advisor to his White House chief of staff, Trump looks to senior military officers to fill key positions that have been customarily filled […]

Could Bitcoin Help Venezuelans As Crisis Deepens?

zerohedge.com / by Michael Kern via Crypto Insider / Aug 13, 2017 3:30 PM

Protests continue to rage in Venezuela as inflation soars to unprecedented levels and the price of oil remains low. The country’s national currency is now worth less than fictional gold in Azeroth, the setting of the popular massively multiplayer online […]

Trump Isn’t Going to Invade Venezuela, But What US is Planning Could Be Much Worse

21stcenturywire.com / BY 21WIRE / AUGUST 13, 2017

Andrew Korybko The Duran

Trump was more aggressive than usual yesterday when he said that he’s not ruling out a “military option” in Venezuela, and the international media went haywire speculating that the President was considering an invasion. Nothing justifies what Trump said, but taking aside […]

Empire Strikes Back: Destructive, Dishonest Neocolonialism Targets Venezuela

21stcenturywire.com / By Neil Clark / AUGUST 9, 2017

21st Century Wire says…

It’s no longer any secret that the US have planned and orchestrated ‘regime change’ in dozens of developing countries over the last century.

Washington’s primary tool is the Central Intelligence Agency (CIA), which has ousted democratically elected governments like Iran […]

Venezuela: Dictatorship, Collapse And Consequence

alt-market.com / Brandon Smith / Wednesday, 09 August 2017

If you want to outline the numerous failures of ideological and economic socialism, just name any socialist nation and you are sure to uncover an endless supply of examples. In fact, many countries where socialism is not total but making considerable inroads often suffer from […]

Mike Norman: Sanctions will destroy the dollar

gata.org / By Mike Norman via TheStreet.com, New York / August 8, 2017

The United States has been on a sanctions spree.

Sanctions on Russia. Sanctions on North Korea. Sanctions on Iran. Sanctions on Syria. Sanctions on Venezuela. Sanctions proposed against China. Sanctions even obliquely placed on our allies in Europe as a result of […]

Venezuela’s Demise Is A Geopolitical Litmus Test For The U.S.

zerohedge.com / by Grgeory Copley via OilPrice.com / Aug 7, 2017 11:31 AM

Is Venezuela’s 2017 transformation symptomatic of the growing global polarization? And does it show how the collapse of globalism is resulting in the re-emergence of a range of governmental forms which no longer even need to acknowledge “Western-style” democracy?

Are […]

Repsol, Statoil Pull Foreign Oil Workers From Venezuela

zerohedge.com / by Tyler Durden / Aug 7, 2017 12:35 PM

One day after Venezuela allegedly squashed a “military rebellion“, in anticipation of further political and social turmoil in the socialist nation, energy giant Repsol SA pulled all foreign workers from its fields in Venezuela, Bloomberg reports adding that Norway’s Statoil ASA also removed all […]

Episode #197 – SUNDAY WIRE: ‘Silicon Stasi’ with Patrick Henningsen and guest Mike Robinson

21stcenturywire.com / BY 21WIRE / AUGUST 6, 2017

Episode #197 of SUNDAY WIRE SHOW resumes on Aug 5th, 2017 as guest host Patrick Henningsen brings you this week’s LIVE broadcast on the Alternate Current Radio Network – covering all the top news stories both at home and internationally…

LISTEN LIVE ON THIS PAGE AT THE […]

Venezuela Claims It “Crushed” A Military Rebellion

zerohedge.com / by Tyler Durden / Aug 6, 2017

One day after Maduro’s new “constituent assembly” expelled chief prosecutor Luisa Ortega Diaz – the highest-ranking member of President Maduro’s administration to break ranks with the authoritarian – from her post and ordered her to stand trial, confirming fears that it would use its unchecked powers […]

VOTING TECHNOLOGY FIRM: OFFICIAL VENEZUELA ELECTION TALLY OFF BY AT LEAST 1 MILLION VOTES

thedailysheeple.com / WILL PORTER / AUGUST 3, 2017

The CEO of a voting technology company said on Wednesday that the results of a recent election in Venezuela were off by at least 1 million votes, confirming the suspicions of some opposition figures that the tallies were inflated.

Antonio Mugica, the CEO of Smartmatic, a company […]