Gimmie The Loot: Trump Hits Maduro Regime For $2.8 Billion

On January 3, one of The White House's multiple official social media accounts posted a video montag

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8 thoughts on “Gimmie The Loot: Trump Hits Maduro Regime For $2.8 Billion

      1. Trump can’t help himself because he’s really just a real estate guy. Maybe he can use his Venezuelan oil money as a downpayment on Greenland. Does Denmark have an agent or a broker we can reach-out to? All joking aside, I don’t know what the world looks like if the U.S. simply “annexes” Greenland. I now see this as a likely outcome, as it achieves two of Trump’s goals at once: taking Greenland, and dismantling NATO (as unthinkable as that may be).

        Did Trump, Putin, and Xi reach some sort of agreement that each would allow the other one major incursion? (Yes, that would mean China eventually takes Taiwan vs. mere token resistance.) Look at history and that is how imperialism works: tacit agreements to carve-up the world. Are we now part of some new sort of Axis Powers? I did not have that on my bingo card.

  1. I’m not sure how the math works for the proposed plan, no surprise there I guess. Venezuela struggles to pump 900k barrels per day, in theory about a 1/3 is sanctioned production, the rest is basically what Chevron extracts pursuant to the special license that exempts them from OFAC sanctions. Even assuming international oil companies flow into Venezuela to restore capacity it will take at least a couple of years before the country can pump anything close to 2 million barrels per day under the most optimistic scenarios. Even if we assume the US gets all the oil extracted in Venezuela it will take at least six plus years to get to the 30 – 50 million range. I guess the Trump administration assumes they’ll be in control way longer than 2028 if they really plan to enjoy the loot. By the way, few people are aware how decimated the oil infrastructure currently is in Venezuela, PDVSA has zero ability to restore more than 10-15% of inactive wells without a significant influx of capital, personnel and technology, we’ll see. I guess the US may need that oil for the planned invasion of Greenland and the emperor can declare another national emergency.

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