>>/25733/
good post. I will comment on the things I know about
>>/25733/
> 2. Too many countries were relying on higher oil prices and can't pump more fast enough to make up their budget shortfalls. Cutting competition is a godsend for almost all.
well both yes and no. lets say venezuela gets democracy and private companies start pumping oil. pumping oil is expensive as fuck and very infrastructure consuming. venezuela has had a state monopoly on oil since the 70's thus we can presume that the refineries, oil pumps etc havent been maintained that good. so it would take many years, minimum 4-5 to just get it running smoothly again.
its more complicated than people might think. its way easier to mine gold.
>>/25733/
> 3. The Chinese gained a semi-reliable source of oil. But, only the small part they care to invest in, and maintain control over. The greater remainder of the Venezuelan oil industry can go to hell for all they care.
I dont think china cares that much. they have better sources more closely, indonesia, Kazakhstan, russia etc. venezuela is far away.
>>/25733/
> 7. Russia gets to thumb their noses at the Monroe doctrine. "Ukraine motherfuckers! How do you like it?" Russia would also benefit from higher oil prices.
ukraine is far more important than venezuela from a geopolitical standpoint.
>>/25733/
> The whole thing might be our generation's version of the Spanish civil war. Except, nobody really cares who wins this as long as the Venezuelans do it all by themselves.
the example with spain is a good one. my take on it was more of the social situation in venezuela. worldwide we are seeing food prices going higher and higher, wages stagnating, if we are going into a recession, or depression this year or next it could very well be venezuela 2.0.
it is easy to shit on venezuela but I see the blueprint for the world there. austerity will come im sure of it.