Venezuela does not suffer from socialism - They suffer from us Posted: Jul 8th, 2018 - 5:33 pm
There are direct parallels between present-day Venezuela and Chile in the 1970s under Salvador Allende, where the U.S. strategy, in the words of Richard Nixon, was to “make the economy scream. The United States employed the same methods of destabilization, including a financial blockade, and supported the right-wing counterrevolution, likewise manifested in shortages, lines, and street protests, among other forms of disruption. The depressed prices of Chile’s main source of foreign exchange, copper, parallels declining oil prices in Venezuela. While the extent of U.S. involvement in Chile’s counterrevolution would not be fully understood until years later, when key documents were declassified, overt U.S. aggression toward Venezuela is already evident in the intensifying economic sanctions imposed by the Obama and Trump administrations, as well as an all-out economic blockade that has made it extremely difficult for the government to make payments on food imports and manage its debt.
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