The Blight House is Forcing the Venezuelan Economy to Collapse to Coerce Cooperation with Its Unwanted, Illegitimate Rule by Force
/From [HERE] After seizing Venezuelan President Nicolás Maduro, the Trump administration is increasing the already substantial pressure on the country’s new president, Delcy Rodríguez, demanding she cut ties with U.S. adversaries before a blockade on Venezuelan oil is lifted.
The economic pressure campaign has emerged as central to President Donald Trump’s vow that the United States would “run” Venezuela. In an apparent indication of early compliance, Rodríguez’s government agreed to a deal under which Venezuela would hand millions of barrels of oil over to the U.S.
Inside Venezuela, a nervous quiet has descended on many parts of the capital as people grapple with the aftermath of the U.S. attack and a widening government crackdown against dissent. For now, Caracas residents report no shortages of goods in markets, but inflation is up, normally busy streets are empty and the businesses that do open only do so for set periods of time.
Under the current conditions, Trump administration officials say the Venezuelan government only has a few weeks before it would “go broke” if it doesn’t “play ball,” according to two U.S. officials briefed on the matter, who spoke on the condition of anonymity to discuss internal policy deliberations.
Analysts and economists said that timeline probably describes how long the U.S. assesses that the government in Caracas has before its cash reserves run out and it is left unable to make critical payments, such as salaries for security forces.
“The president is speaking about exerting maximum leverage with the interim authorities in Venezuela and ensuring they cooperate with the United States,” said a senior administration official. “As the president stated, the embargo on sanctioned Venezuelan oil remains in full effect,” the official said, speaking on the condition of anonymity because they were not authorized to speak publicly on the matter.
Trump has said he is demanding the U.S. get “total access” to Venezuela’s oil reserves and “other things.” Among those is a demand that Venezuela cut ties with China, Iran, Russia and Cuba and agree to partner exclusively with the U.S. on oil production, according to one of the U.S. officials briefed on the matter.[MORE]
