A 'regime change' is coming very soon to Venezuela — according to Colombia

[TomSea]

A 'regime change' is coming very soon to Venezuela — according to Colombia
By Jim Wyss jwyss@miamiherald.com

Trapped in an economic, social and political crisis, Venezuela will see “regime change” soon, predicted Colombian President Juan Manuel Santos, saying the once-rich nation can no longer survive its corrupt leadership.

Speaking at a business conference in Hungary on Friday, Santos called Venezuela one of his country’s “biggest problems,” saying the ongoing humanitarian crisis and exodus of Venezuelan is straining social services.

“Venezuela is the richest country, by far, in Latin America because it has the world’s largest oil reserves, even larger than Saudi Arabia,” Santos said. “And with a change in the regime — which will happen and happen very soon — the Venezuelan economy, with a little bit of good government, will grow rapidly and the opportunities for Colombia will be enormous.”

Read more at: http://www.miamiherald.com/news/nation-world/world/americas/venezuela/article210924834.html

Sounds good... but I say, sure it's going to happen? Who will overthrow the government? No one as of now.

[mountaineer]

Venezuela’s Oil Meltdown Is Getting Worse
A rush of creditors trying to seize assets has disrupted Venezuela’s oil exports at a time when they already are plunging
By Spencer Jakab
May 13, 2018 10:00 a.m. ET


Death spiral is an overused term, but it is justified when describing Venezuela’s oil industry right now. Energy consumers and investors should pay attention.

Though production at national oil company Petróleos de Venezuela SA has been falling fast, investors have assumed the company could keep global markets supplied and keep hard currency flowing to the country. Those assumptions are starting to unravel. ...

Even without a further push from China or from possible U.S. sanctions to protest the May 20 presidential election, the latest woes are choking off the regime’s already scarce foreign currency earnings and increasing the odds of more serious domestic unrest.

Reports about Venezuela’s oil output put it at multidecade lows with the exception of a strike in 2002-2003 that sent world oil prices surging. A repeat of that episode is looking more and more likely.

More at Wall St. Journal

[mountaineer]

CNN on Venezuela's Oil Industry Collapse: No Mention of Socialism or Maduro
By Tom Blumer | May 12, 2018 10:30 PM EDT

Wednesday, CNN presented yet another story about Venezuela's implosion which did a fine job of portraying that country's human misery, this time in the oil industry. Unfortunately, it was yet another example of a story failing to mention its socialist form of government or even its leader, President Nicolas Maduro.

Though such omissions have long been routine in establishment press reports, reporter Stefano Pozzebon's were particularly galling, given that the governments of Maduro and especially Hugo Chavez, his Bolivarian socialist predecessor, are entirely responsible for Venezuela's oil collapse, the final stage of its disintegration.  ...

More at Newsbusters

That article mentions how oil workers now are having to sell the clothes off their backs to be able to feed their families. For some reason, this reminds me of post-WWI Germany, and how they ultimately fell for a new strong leader who promised to restore prosperity.