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Venezuela's Inevitable Collapse

<p class&equals;"MsoNormal" style&equals;"text-align&colon; left&semi;" align&equals;"center">Let&rsquo&semi;s face it&comma; it&rsquo&semi;s not a matter of &ldquo&semi;if&comma;&rdquo&semi; it&rsquo&semi;s a matter of when Venezuela&comma; oil rich and home to seven Miss Universes&comma; collapses&period;&nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">The socialist country has been in a state of chaos ever since Hugo Chavez introduced political system back in 1999&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Inflation is out of control&period; Grocery stores are empty and Venezuelans are forced to wait on line all day for toilet paper or a loft of bread&period; Crime rates are higher than ever&period; And even though Venezuela has some of the richest oil reserves on the planet&comma; it has the world&rsquo&semi;s worst economy&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">But in the last month&comma; things have really escaladed&period;<&sol;p>&NewLine;<p><script src&equals;"&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js" async&equals;""><&sol;script><br &sol;>&NewLine;<&excl;-- PBpost embedded in article --> <ins class&equals;"adsbygoogle" style&equals;"display&colon; block&semi;" data-ad-client&equals;"ca-pub-1116480047858304" data-ad-slot&equals;"6366973071" data-ad-format&equals;"auto"><&sol;ins><br &sol;>&NewLine;<script>&sol;&sol; <&excl;&lbrack;CDATA&lbrack;&NewLine;&lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi;&NewLine;&sol;&sol; &rsqb;&rsqb;><&sol;script>&NewLine;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Anti-government protests entered a fourth week and 12 have died in at the demonstrations so far&period; Hundreds of thousands have taken to the streets to protest President Nicol&aacute&semi;s Maduro&rsquo&semi;s socialist government&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;The country entered its fourth week of protests following two Supreme Court decisions &mdash&semi; to revoke the immunity that protects legislators and to dissolve the opposition-controlled legislature&comma; a move that many including the Organization of American States &lpar;AOS&rpar; dubbed as an &&num;8220&semi;auto-coup d&&num;8217&semi;etat&comma;&rdquo&semi; writes <em style&equals;"mso-bidi-font-style&colon; normal&semi;">NBC News&period; <&sol;em>&ldquo&semi;The Supreme Court reversed the decisions amid mounting international pressure and after the Venezuelan Attorney General&comma; Luisa Ortega D&iacute&semi;az&comma; called the decisions &&num;8220&semi;a rupture of the constitutional order&period;&&num;8221&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Venezuelans have been protesting for the removal of the Supreme Court Justices&comma; to reinstate of the elections&comma; to release political prisoners and for Maduro&rsquo&semi;s resignation&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">The protests have turned violent&period; Human Rights organization have accused Venezuelan security forces of using &ldquo&semi;excessive force and violence&rdquo&semi; against protesters&period; Just this Monday&comma; two people were killed by gunmen&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;The latest deaths come amid a month of protests that have sparked politically-motivated shootings and clashes between security forces armed with rubber bullets and tear gas and protesters wielding rocks and Molotov cocktails&period; Eleven people have also died during night-time looting&comma;&rdquo&semi; writes <em style&equals;"mso-bidi-font-style&colon; normal&semi;">The Telegraph<&sol;em>&period; &ldquo&semi;The ruling Socialist Party accuses foes of seeking a violent coup with US connivance&comma; while the opposition says he is a dictator repressing peaceful protest&period;&rdquo&semi;&nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">The protesters wore the colors of the Venezuelan flag and held signs condemning the state of the country and blaming the government as they chanted &&num;8220&semi;This government has fallen&excl;&&num;8221&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">The bloody protests were the last straw for General Motors&period; The company is officially abandoning its plant in the country&period; The company stopped producing cars since 2015&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;GM and antigovernment protesters blame the far-left policies of President&nbsp&semi;Nicolas Maduro&nbsp&semi;and his predecessor&comma;&nbsp&semi;Hugo Chavez&comma; saying a sharp rise in inflation has made it impossible for companies to secure the foreign currency needed to import parts and raw materials&comma;&rdquo&semi; writes the <em style&equals;"mso-bidi-font-style&colon; normal&semi;">LA Times&period; <&sol;em>&ldquo&semi;The government&comma; which has carried out a years-long campaign of expropriation and nationalization in what it calls an &ldquo&semi;economic war&rdquo&semi; against multinational companies&comma; says GM and other foreign firms have intentionally slowed production in an effort to sabotage the Maduro administration&period;&rdquo&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">After the protests and the GM&rsquo&semi;s Valencia plant being illegally seized by the authorities&comma; the company decided it was finally time to stop business operations in the country&period; However&comma; the Venezuelan government even said it hopes to reopen the plant&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Unfortunately&comma; it&rsquo&semi;s the workers that really suffer when companies are forced to slow down or completely cease production&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;While Ford and Toyota have held on to their factories&comma; they too have slowed or stopped production&period; Most cars made in Venezuela are sold there&comma; and in March&comma; just 293 cars were sold nationwide&period; In 2007&comma; the monthly average of car sales was 41&comma;666&comma;&rdquo&semi; writes <em style&equals;"mso-bidi-font-style&colon; normal&semi;">LA Times&period;<&sol;em> &ldquo&semi;David Smilde&comma; a Venezuela expert at Tulane University&comma; said currency controls and other economic policies carried out by the Venezuelan government have deeply damaged the country&rsquo&semi;s ability to produce goods while also hurting its ability to pay for products from other nations&period;&ldquo&semi;They&rsquo&semi;re absolutely destroying the productive apparatus of the country and just making the country worse&comma;&rdquo&semi; he said&period;&rdquo&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">But&comma; it&rsquo&semi;s so much worse than empty factories and violence at protests&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;A catalogue of the violence over the last 18 days is shocking &ndash&semi; schools have been ransacked&comma; a Supreme Court building has been torched&comma; an air force base attacked&comma; while public transport&comma; health and veterinary facilities have been destroyed&period; At least 23 people have been left dead&comma; with many more injured&period; In one of the most shocking cases of right-wing violence&comma; at around 10pm on April 20th&comma; women&comma; children and over 50 newborn babies had to be evacuated by the government from a public maternity hospital which came under attack from opposition gangs&comma;&rdquo&semi; according to Venezuela Analysis website&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">The scary thing is that the Maduro&rsquo&semi;s opposition isn&rsquo&semi;t looking to reinstate democracy&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;At this point it should be clear that the opposition&rsquo&semi;s only goal&comma; far from promoting a &ldquo&semi;return&rdquo&semi; to democracy&comma; is to step right over it&period; They want to remove the elected government more than a year ahead of scheduled elections&period; But they don&rsquo&semi;t want to stop there&period; As one opposition marcher told me on Wednesday&colon; &ldquo&semi;Get your stuff together Maduro&comma; because you&rsquo&semi;re going to jail&rdquo&semi;&period; The opposition&rsquo&semi;s goal is the total annihilation of Chavismo&comma;&rdquo&semi; according to Venezuela Analysis website&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">The other problem is that the country is spread apart&period; So if the opposition was to actually take over some of the military bases in distant states&comma; it would be tremendously difficult for the central government to take them back&period; If the opposition controls everywhere but the capital&comma; then Maduro may have to seek asylum elsewhere&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal"><strong>Author&rsquo&semi;s note&colon; <&sol;strong>Again this country is on the verge of a collapse&period; But&comma; who will take over once it finally does&quest;<&sol;p>&NewLine;

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