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TRNN – Venezuela: The Epicenter of the “Pink Tide” and Now of the Right-Wing Rollback

Summary:
This goes very well with the BadMouseProductions video.The professor of sociology, William I. Robinson, explains how the Latin America Pink Tide revolution went wrong when they relied too much on their resources for income while using Western corporations for their extraction. William I. Robinson says they should have diversified and nationalised their financial and banking sectors. To be fair to the socialists, though, I think they didn't want to upset Western interests too much as this could have brought on disaster for them.Trump says he's going to stamp out socialism in the Americas and bring in 'freedom'. But what he is really scared of is the U.S. itself becoming socialist as millions of Americans are being disenfranchised by capitalism. [embedded content] The effort to rollback

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This goes very well with the BadMouseProductions video.

The professor of sociology, William I. Robinson, explains how the Latin America Pink Tide revolution went wrong when they relied too much on their resources for income while using Western corporations for their extraction. William I. Robinson says they should have diversified and nationalised their financial and banking sectors. To be fair to the socialists, though, I think they didn't want to upset Western interests too much as this could have brought on disaster for them.

Trump says he's going to stamp out socialism in the Americas and bring in 'freedom'. But what he is really scared of is the U.S. itself becoming socialist as millions of Americans are being disenfranchised by capitalism.



The effort to rollback Venezuela's Bolivarian Revolution must be seen as part of a determined effort to pry open all economies to transnational capital - it's about access, says sociologist of globalization William I. Robinson
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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