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Comment by mupuff1234

7 days ago

Not cutting off, but it's enough that the US increases oil supply which lowers the prices to significantly hurt Russia and Iran. And then you have China which is the main consumer of Venezuelan oil so you get another point of leverage.

Also probably helps to ensure the petro dollar is here to stay for longer.

Obviously this is a very shallow analysis, and there's definitely significant risks, but I do think it's obvious that it has large potential upsides.

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mupuff1234

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estearum  7 days ago

Well... POTUS just said that the plan is to sell large amounts of Venezuelan oil to China and Russia.

So again: conceivably sure, but the details matter. The details we have right now do not look very promising IMO.

jacquesm  7 days ago

It's not shallow, it is gullible. Of course Trump has an angle otherwise he wouldn't have done this. We can speculate about what the angle is but there is absolutely no way that he did this for the good of the Venezuelan population.

Edit: So, that took only 8 minutes, the other shoe just dropped, it was about the oil after all. Where do I collect my check?

  • mupuff1234  7 days ago

    Oh yeah, I'm certain the intent behind this wasn't for the sake of the Venezuelan population, but that in itself doesn't mean it won't result in a better outcome for the population (but also not saying that it will)

    • stickfigure  7 days ago

      The thing I occasionally say about Trump is: "Even a stopped clock is right twice a day."

      We ("the opposition") can't get into the frame where we say that everything Trump does is wrong. It's not frequent, but sometimes - yes even for totally wrong reasons - he does things which are probably right. Our identity needs to be more than just "the opposite of what Trump does", otherwise the Trumpists will frame all debates around issues that make us look crazy, rather than the issues that demonstrate blatant grift and criminality.

      If Maduro is gone, it's a good thing. Let's go back to talking about the clear and obviously terrible things Trump does. Don't let them change the subject.

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