Authored by Michael Kern via Crypto Insider,
Protests continue to rage in Venezuela as inflation soars to unprecedented levels and the price of oil remains low. The country’s national currency is now worth less than fictional gold in Azeroth, the setting of the popular massively multiplayer online role-playing game World of Warcraft, pushing Venezuelans to bitcoin to hedge against the nation’s struggling economy.
So, What Happened?
Authored by Mike Shedlock via MishTalk.com,
Dear President Trump, forgive my harsh language, but since you and your staff can use harsh language, why can’t anyone else?
That’s a minor question. Since you are busy, I prefer an answer to this question: What the F Business is Venezuela of Ours?
I ask because you stated: “We have many options for Venezuela including a possible military option if necessary.”
Authored by Brandon Smith via Alt-Market.com,
One day after Venezuela allegedly squashed a "military rebellion", in anticipation of further political and social turmoil in the socialist nation, energy giant Repsol SA pulled all foreign workers from its fields in Venezuela, Bloomberg reports adding that Norway’s Statoil ASA also removed all expat staff.
Authored by Grgeory Copley via OilPrice.com,
Is Venezuela’s 2017 transformation symptomatic of the growing global polarization? And does it show how the collapse of globalism is resulting in the re-emergence of a range of governmental forms which no longer even need to acknowledge “Western-style” democracy?
Are we seeing the revival of a bloc of pre-Westphalian nation-states with major power support?