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GatoGordo

(2,412 posts)
Fri Jun 2, 2017, 10:52 AM Jun 2017

Chavista apologists: The Bolivarian revolution has sold its soul to Wall Street

How Goldman Sachs Is Ruining My Venezuela

The regime is obsessed with paying its bondholders, cutting food imports for starving citizens to service its Wall Street debt. But Goldman jumped at a chance to triple its money.

Dr. Vanessa Neumann
05.31.17 11:35 PM ET

"The Venezuelan regime has been pathologically obsessive about paying its bondholders, cutting down on food imports for its starving citizens in order to service its Wall Street debt. My compatriots and I call them “hunger bonds” or “blood bonds.” They scrape the bottom of the economic barrel and doom future citizens, for the benefit of a handful of murderous kleptocrats.

If the Venezuelan government does not default, Goldman Sachs and Nomura will triple their money. In the meantime, their money will extend the dictatorship and escalate the violence, launching the country into what everybody anticipates will be a brutal civil war. For Goldman, that’s even better: International organizations will stream in with taxpayer-funded development, further increasing the value of the assets it holds. In short, with this bond transaction, Goldman is paying to fund a civil war, from which it will profit."

-snip-

http://www.thedailybeast.com/how-goldman-sachs-is-ruining-my-venezuela

Not one worthless Bolivar will be used to improve the lives of the starving Venezuelans, who on average have lost 19 pounds over the last year on "The Maduro Diet". Every single dollar will be used to pay off Capitalists who profit on the misery that Maduro deals out.

Of course, Maduro could ask for a loan from Chavez' daughter. She seemed to amass a $4 billion dollar fortune while working as an ambassador.

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