Venezuala is yet another step towards World War III. Venezuela implemented a bunch of utterly catastrophic and self destructive economic policies. Among these was the rational sounding policy of capturing Venezuela’s vast oil wealth which was going abroad, and applying it to the purposes of Venezuelan government. This resulted in the US issuing a bunch of economic sanctions, similar to those applied to Russia, but vastly less extreme. The damage done by those sanctions was probably insignificant compared to the … Continue reading Venezuelan conflict