Quico says: Gah! I really don’t have time to blog about it properly right now. But Chavez’s move to seize the oil sector’s private contractors is a catastrophe of almost unimaginable proportions. The contractors have been undergoing death-by-a-thousand-cuts for some time now, but the consequences of this final kamikaze move are hard to overstate.
Some kind of economic incompetence rubicon is being crossed here. Watch and shudder.Caracas Chronicles is 100% reader-supported. Support independent Venezuelan journalism by making a donation.