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So How Will The Strikes On Venezuela Affect Markets?

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Comments

  • edited January 6
    @DrVenture: "Good point! Apparently he consulted the janitorial staff of Chevron ...."

    Bingo! It's the most parsimonious explanation!
  • It would be a fairly easy calculus for an oil CEO to decide how much $$ he/she ( there is at least one) is willing to put into VZ to get back the value of confiscated assets. But how do you value assets confiscated 20 years ago? Trump will be ebnding a lot of arms and today promised to use taxpayer money.

    The real issue would be can you depend on USA keeping nationalization from happening again? I would bet no way Jose. Can you see DEMS willing to continue so VZ intervention in 3 years?

    It will take years to remake the Government there especially if you believe a fraction of the reports about Hezbollah heavy involvement in VZ under Maduro.

    https://en.mercopress.com/2025/10/22/us-senate-warned-of-hezbollah-expansion-in-venezuela

    There are a number of legitimate ( ie not just Fox News) reports of Hezbollah involved in narco terroism and drone manufacturing with drone capable of hitting US. I am surprised Donnie hasn't used this as a pretense.

    Then there is the real nut job Miller

    “It has been the formal position of the US government since the beginning of this administration, frankly going back into the previous Trump administration, that Greenland should be part of the US. The president has been very clear about that.”

    It is hard to believe someone at the highest reaches of US Government believes this, much less will go on record, not to mention his previous posts:

    In a post on X, Miller slammed what he described as the former government’s immigration approach, claiming Western nations opened their doors at the expense of their own citizens.

    "Not long after World War II the West dissolved its empires and colonies and began sending colossal sums of taxpayer-funded aid to these former territories (despite have already made them far wealthier and more successful). The West opened its borders, a kind of reverse colonization, providing welfare and thus remittances, while extending to these newcomers and their families not only the full franchise but preferential legal and financial treatment over the native citizenry. The neoliberal experiment, at its core, has been a long self-punishment of the places and peoples that built the modern world".



  • By "native citizenry", he means the American Indian, right? Not, a fellow with a Germanic last name?
  • Speaking of Miller, what sort of gasbag goes by "Stephen" with a "ph". And not simply "Steve".

    Imagine "Stone Cold Stephen Austin", if you will. Sounds like the name of a mass muderer, who wears women's garments to nightly tea parties, with his dead mother.
  • Congress can take off for the rest of 2026 and focus on other worthy causes -- like fund raising in order to get re-elected. Perhaps look into how to re-grow a chopped spine.
  • Our political system actually seems to have nothing effective in the way of checks and balances to mitigate this. If just a few years ago someone had tried to convince me that this was even possible I would have written them off as a ridiculous alarmist.

    The Heritage Foundation architects of the destruction of the United States political system worked long and hard on "Project 2025", to be ready in case someone stupid enough to be their running dog were elected. And Trump was.
  • edited January 6
    Old_Joe said:

    "If just a few years ago someone had tried to convince me that this was even possible I would have written them off as a ridiculous alarmist"..

    An alarmist here. Feels like the world's turned upside down. One thought is that maybe buying foreign stocks isn't so great an idea. If an imperialist U.S. can grab off weaker countries like Venezuela or Columbia (under consideration ) and set its eyes on Denmark's Greenland - plus potentially all of Canada - then it can also confiscate those foreign assets you'd previously considered safe.
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