Soldiers march during a military parade to celebrate the 206th anniversary of Venezuela's independence in Caracas, Venezuela, July 5, 2017. REUTERS/Marco Bello
Andres Oppenheimer, Miami Herald: A U.S.- Latin American military intervention in Venezuela? It’s a long shot
One of Venezuela’s most prominent intellectuals, Harvard economics professor Ricardo Hausmann, has just published an article that is raising eyebrows across the hemisphere: He is calling for a military intervention by the United States and other countries as the only way to end Venezuela’s humanitarian crisis.
In his Jan. 2 syndicated article, “D-Day Venezuela,” Hausmann proposes that Venezuela’s opposition-controlled National Assembly impeach dictator Nicolás Maduro and appoint a new constitutional government, which in turn could request military assistance from other countries.
Hausmann argues that all other avenues for a negotiated solution to Venezuela’s crisis have been closed by Maduro. An international military “coalition of the willing” to support a new government appointed by the National Assembly would be legitimate and would have many historic precedents, he says.
Read more ....
WNU Editor: If you break it .... you own it. Venezuela already owes tens of billions to China and Russia, and it's infrastructure has been crippled to the point that it would take tens of billions more to restore it. This is why no one is going to invade Venezuela .... no one wants to be responsible for this mess.
4 comments:
The problem with "intellectuals" is they live in a world of theory only and nothing they do or say is based in reality. We also should keep in mind that while this man may well be employed by Harvard and he may well be living in the United States he is from Venezuela. As such, he is very likely advocating for Venezuelan interests and not American interests.
While it may serve Venezuelan interests to have "a knight in shining armor" come to their rescue, it does not serve American interests to become involved in such an endeavor. If a Latin American "ally" assuming there are any such "allies" in Latin America tries to draw us into this, we need to resist such attempts.
Even if an invasion of Venezuela did serve American interests, our military is spread to thin and is to depleted to be able to contribute such an endeavor. Only an intellectual whose life is not based in reality could ever think of proposing such a hare-brained idea.
The editor comment is spot on. Furthermore a bankrupt debt ridden country like the United States cannot afford such an endeavor. Our own infrastructure is in bad shape. It'll be far better to spend our precious and limited resources on our own challenges.
It would actually be best for Venezuela and the US if US sanctions against Venezuela are lifted. As long as sanctions are in place, people who choose to do so are able to cling to the belief that US sanctions are the problem and not the government of Venezuela which means others are investing in the country to prop it up longer only delaying the agony and making things worse in the mid to long term. Also, many consider it a moral imperative to break US sanctions. Remove the sanctions, the fall happens faster, the sooner Venezuela can begin to recover, and the anti-Americanism that results from sanctions will be minimized.
What Happens When A Country Declares Bankruptcy?
https://medium.com/@globalmillenial/what-happens-when-a-country-declares-bankruptcy-99374cded253
https://www.jstor.org/stable/25119369?seq=1#page_scan_tab_contents
Maybe we should let Latin America hate the lenders.
Obviously they have a fabulous military dance team.
Aizino,
Thanks for supplying the links on what happens when a country declares bankruptcy. I will check them out.
As for hating the lenders, the lenders should hate themselves. Anyone stipid enough to lend money to a corrupt communist country shouldn't expect good outcomes.
Of course as long as US sanctions remain in place there will likely be more people willing to lend them money. Remove the sanctions and the emotional need to lend a basket case country money is diminished. Essentially US sanctions throw the target a lifeline.
Why does the government persist in such things that almost always not only fail but generally cause more harm than good? I suppose it's a combination of ideology and the need some have to say "we are doing something."
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