Venezuela’s Former Minister of Communes and Culture Talks to TRNN About the Crisis

Well-known Venezuelan writer and theorist, Reinaldo Iturriza, says US sanctions and the low price of oil have devastated Venezuela’s economy

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12 thoughts on “Venezuela’s Former Minister of Communes and Culture Talks to TRNN About the Crisis

  1. It's all about the oil. U.S. doesn't like not selling in $USD. The U.S. empire is coming to it's inglorious and shameful end. Good riddance!

  2. cuales sanciones grandisimo mal parido??? ustedes se robaron el billon 500.000 millones de dólares, Venezuela esta quebrada porque Ustedes la destruyeron!

  3. They should have diversified their economy to be less dependent on oil exports and they have huge potential for agriculture so nobody should be hungry there under decent management.

  4. As despicable as Trump is and makes everything, this isn't his plan. He is just continuing what Bush and Obama were also doing to overthrow the democratically elected government of Venezuela. How much gold, oil and other treasure did US and European bankers take from Libya? The US has been reduced to little more than an bank and oil cartel that controls our military. And Europe might be a stronger bank cartel but with a weaker military. The rest of the world has had enough greedy plundering from American and European bankers and welcomes the decline of American empire like all of Europe's former empires.
    Maduro is not a dictator, but the US will replace him with one. If history is any guide, once Guaido acquires power, he will maintain it by murdering everyone who opposes him.

  5. The UK and most of Europe is still in the middle of an economic crisis, caused by the US stockmarket crash of 2008.
    Does that mean the US is planning to replace our leaders and invade our countries?

  6. It is the war on terrorism and the stealing of middle eastern oil, along with cooperation with Saudi Arabia , that allows the USA to boycott fair trade oil like that of Venezuelan Citgo

  7. I can admit Maduro has not managed the situation well, and could have done much better. Is he a dictator? Not even close. Does he have some tendencies of a strongman? Yes, and so did Chavez. However, in totality, the effect they had increased democracy and participation in society. As is well known, the oil price has wrecked the economy, and US sanctions thrown on top of that has nearly destroyed all. I think its a bit odd that the supporters of the American empire insist that Maduro is a dictator, despite him not being one, while they do not take issue with the US support of countless dictators past and present. Moral and policy hypocrites have no grounds to speak on any issue. They are proven to be totally biased, choosing right and wrong based on personal favor. I don't mind a disagreement over policy and politics, but this is not that. This has become nothing but a battle of propaganda, the Empire and it's servants refuse to have a discussion. They have talking points and they know how to repeat them till the sun goes down.

  8. He didn't give a very good answer when Dimitri asked "what was the main thing done wrong in terms of managing the economy?" Paraphrasing. And… it's easy to point things out from an armchair.. but… I think the people who say the reliance on transnational corporations and extraction creates a fundamental vulnerability and instability are right. Even if you ignore the fact that extacting oil is going to fuck up everything beyond repair.
    China recently and very gently made this point to Australia. It's just more obvious and potentially devastating in somewhere like Venezuela.

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