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Category Archives: Nicolás Maduro

Big Surprise: Venezuelan President Nicolas Maduro ‘Wins’ The ‘Election’

Several hundred opposition demonstrators protesting socialist Nicolas Maduro’s “reelection” blocked traffic in a march to the Organization of American States (OAS) headquarters in Caracas on Wednesday ahead of the “vote.”  Those who object to the horrific violence and poverty socialism has propelled Venezuela deep into say this weekend’s presidential vote was rigged. Venezuela’s leftist leader, […]

Venezuelan Government Seized Kellogg’s Factory After Closure: A Recipe For Failure

The socialist Venezuelan government has seized a closed Kellogg’s factory and decided to make the perfect storm for failure out of their theft.  The government has handed control of the factory over to the workers who will attempt to continue to produce Kellogg’s products. Hold your laughter, because this actually happened. According to the BBC, the […]

Socialist Dystopia: Venezuelans ASSAULTED By Police Outside Socialist Health Ministry

Venezuela should be a lesson to Americans why the concept of tyrannical control (dubbed socialism or communism) should be avoided at all costs. But as many here clamor for more government control over their lives and healthcare decisions, Venezuelans who live under that control, are assaulted by the police outside the socialist health ministry. It is […]

The Socialist Crisis In Venezuela Is About To KILL The Oil Market

A new report is warning that the socialist engineered economic crisis in Venezuela will completely kill the global oil market. Plunging oil production in Venezuela is causing a national economic and humanitarian crisis that could tip the global oil market “decisively into deficit,” according to the report. Published Thursday, the report laid out concerns that Venezuela’s socialist […]

Socialist Dystopia: Starving Venezuelans Loot As Runaway Inflation Forces Pillaging For Food

The socialist dystopia of Venezuela is seeing inflation at such high rates that the starving civilians have resorted to looting the few stores left and pillaging for scraps of food. The 2600% inflation rate and socialist policies are destroying what was once South America’s wealthiest nation. Worsening food shortages and runaway inflation have unleashed the […]

Venezuela Just 24 Hours Away From Formal Declaration Of Default

zerohedge.com / by Tyler Durden / Nov 9, 2017 12:26 PM Less than a week after Venezuela shocked the world by announcing it would proceed to restructure its massive external debt, even as it was within the grace period on hundreds of millions in unpaid interest expense, on Thursday the socialist nation confirmed it has never been closer […]

PDVSA Bonds Crash, Bitcoin Spikes As Venezuela Default Looms

Following President Maduro's statement overnight on restructuring Venezuelan debt, bonds of the nation's state-owned energy company, Petroleos de Venezuela SA (PDVSA), have collapsed, with CDS pricing in a 99% probability of default… As we detailed last night, during a nationwide TV address, Venezuela's socialist president Nicolas Maduro said the country will seek to restructure its […]

How Socialism Ruined Venezuela

Authored by Rafael Acevedo & Luis B. Cirocco via The Mises Institute, In order to understand the disaster that is unfolding in Venezuela, we need to journey through the most recent century of our history and look at how our institutions have changed over time. What we will find is that Venezuela once enjoyed relatively […]

Maduro Visits Putin, Proposes Global Oil Trade In Rubles, Yuan

Three weeks after the US imposed financial sanctions on Venezuela in an effort to cripple its economy and choke the Maduro regime, which in turn prompted Caracas to announce it would no longer receive or send payments in dollars, and that those who wished to trade Venezuelan crude would have to do so in Chinese […]

Venezuela Prepares For A War With The United States

The socialist nation of Venezuela has called on its military and asked them to prepare to go to war with the United States. Venezuela’s President Nicolas Maduro is bracing for war just days after the Trump administration banned Venezuelan officials from entering the nation. “We have been shamelessly threatened by the most criminal empire that ever existed […]