^^ it's low for now as the saudis over extend themselves and flood the market with oil. It'll rebound back up soon enough.
An oil rich failed state could be a great future investment. Even if it's for the future.
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Venezuela is collapsing
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(09-14-2016 05:12 AM)The Beast1 Wrote: I could see Trump authoring military action in Venezuela to over throw the communists and then send their oil to the states while rebuilding the country.
Could we see Venezuela as a new American territory?
Quote:One oil rig was idle for weeks because a single piece of equipment was missing. Another was attacked by armed gangs who made off with all they could carry. Many oil workers say they are paid so little that they barely eat and have to keep watch over one another in case they faint while high up on the rigs.http://www.nytimes.com/2016/09/21/world/....html?_r=0
Venezuela’s petroleum industry, whose vast revenues once fueled the country’s Socialist-inspired revolution, underwriting everything from housing to education, is spiraling into disarray.
To add insult to injury, the Venezuelan government has been forced to turn to its nemesis, the United States, for help.
(09-24-2016 11:10 PM)Latinopan Wrote: USA Trump should just support Macri style politicians around Latin American.
![[Image: Lilian-Tintori-Leopolodo-Lopez-wife-pics-200x200.jpeg]](http://dailyentertainmentnews.com/wpgo/wp-content/uploads/2014/02/Lilian-Tintori-Leopolodo-Lopez-wife-pics-200x200.jpeg)
![[Image: 6abe40b2a50cb4de728c3e45a8d9-grande.jpg]](http://cdn0.wn.com/ph/img/ec/e9/6abe40b2a50cb4de728c3e45a8d9-grande.jpg)
(09-29-2016 12:05 PM)britabroad Wrote: has anyone considered going to venezuela right now? or is it completely insane? i work online so aside from robbery/kidnapping, biggest problem seems to be internet availability.
Quote:Decomposing bodies are exploding in morgues amid the crippling economic collapse in Venezuela as there isn't enough money to pay for air conditioning, it's been reported.
The shocking claim, made by the conservative political FrontPage Magazine, is one of the more macabre stories to emerge from the country lately.
It follows reports from other sources in recent weeks that prisoners are starving to death in the nation's jails, newborn babies are sleeping in cardboard boxes instead of incubators in hospitals and opposition lawmakers have not been paid for months.
(10-20-2016 11:16 PM)Leonard D Neubache Wrote: Gaze into the crystal ball for a time after the collapse of the USD as the world's reserve currency.
Corpses EXPLODING in Venezuela’s morgues as cash-strapped Socialist country cannot afford to provide air conditioning.
http://www.dailymail.co.uk/news/article-...oning.html
Quote:Decomposing bodies are exploding in morgues amid the crippling economic collapse in Venezuela as there isn't enough money to pay for air conditioning, it's been reported.
The shocking claim, made by the conservative political FrontPage Magazine, is one of the more macabre stories to emerge from the country lately.
It follows reports from other sources in recent weeks that prisoners are starving to death in the nation's jails, newborn babies are sleeping in cardboard boxes instead of incubators in hospitals and opposition lawmakers have not been paid for months.
(09-29-2016 12:05 PM)britabroad Wrote: has anyone considered going to venezuela right now? or is it completely insane? i work online so aside from robbery/kidnapping, biggest problem seems to be internet availability.
(10-21-2016 03:09 AM)Vicious Wrote: That's overly simplified, there will be one or more foreign powers that will consolidate the power vacuum currently in country. Let's not forget that the country has some of the most promising and least exploited oil reserves in the region. As the oil price goes up this will make the country all the more tastier to a more hostile takeover.
You can be on the ball or someone else will. At this stage it could just be run under UN flag with the US being and no one could reasonably protest it. Russia would like squirm in the security council but the pressure on them would be enormous.
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