Venezuela - US Conflict: News, Updates

FuturePAF said:
The Chinese delegation also had just Maduro the day before:

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Wow..
Persian Gulf said:
this type of activity does not boost the dollar. it has the exact opposite effect
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It does help boost dollar. They gained control over the worlds largest oil reserve
 
Persian Gulf said:
Trump: We are going to have a presence in Venezuela as it pertains to oil. We are going to be taking out a tremendous amount of wealth out of the ground… It goes also to the US in the form of reimbursement for the damages caused us by that country
naked colonialism
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Right. At least the Orange Man doesn't use much 'freedom and democracy'!! LOL!
 
Bilal said:
I think he has already made his stance on international law and UN very clear previously.
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US when it comes to adherence to international law practices the same as Israel or Pakistani military establishment: might is always right!
 
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This is absolutely insane:

Venezuela currently has 303 billion barrels of crude oil reserves, which Trump says the US now controls.

Oil prices are trading at ~$57/barrel, making Venezuela's total reserves worth $17.3 TRILLION.

Even if the US sells this oil for HALF of the market rate, that's still $8.7 TRILLION.

In other words, in 12 hours, the US has gained control of oil reserves worth more than the entire GDP of ALL countries in the world, aside from the US and China.

That's 4 TIMES larger than the GDP of Japan.

Most people do not realize how much the world just changed.

Oil markets will react to this news for the first time on Sunday at 6 PM ET.

The next few days will be critical.


I think China and Russia should NOT ignore Venezuela's oil huge markets.
 
Netanyahu is a B@stard.....

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battalion25 said:
It does help boost dollar. They gained control over the worlds largest oil reserve
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US GDP has been growing a lot this year but the USD has depreciated a lot ...

Trump showed the US is an unpredictable rogue imperialist actor. This damages the perceived safety of the US dollar and investors and other countries will seek to diversify their reserves accordingly. Hence why we have seen such a significant increase in the price of gold since Trump came to power.
 
Aryan_B said:
We probably wont know for days weeks or even years and decades but the Americans may yet rue the unintended consequences of their actions today
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This blatant disregard of international law effectively sets up a new precedent where a current or future US president could be abducted from the White House and the perpetrators would then appear on TV proclaiming that they will be running US indefinitely from now on. 🙄
 
battalion25 said:
That is one quality I love about Trump. He is not a hyporite nor will he sugarcoat anything
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Trump is not a hypocrite?

didn't he launch strikes on Yemen to protect international shipping lanes, only to seize commercial ships in international waters in other places?
 
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