You're the dumb ass. The type of Financial sanctions imposed on the country are a swift death blow..

Author: ND1IRISH (3249 Posts - Original UHND Member)
Posted at 7:39 pm on Feb 8, 2019

It only takes a few months to wipe out an economy that relies on a single resource by cutting off access to all credit to fund production. It's pretty simple. Plus the sanctions blocked CITGO from sending profits/dividends back to Venezuela. The result is essentially the same as seizing assets. We've basically wiped 7% from their GDP overnight.

You probably know a lot about oil but you don't know shit about finance. You're out of your league on this one junior.


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