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Venezuela is about to explode

Summary:
A leftist candidate won a close election in a South American country, threatening US interests in the region. The US president asked the CIA to "make the economy scream" to undermine governance and bring regime change, even if by violent means.I am referring, of course, to Salvador Allende's election in Chile, and Richard Nixon's reaction, which eventually led to Augusto Pinochet's coup, one of the most bloody in the troubled history of the region. The reelection of Nicolas Maduro last Sunday has led to the denunciation of the election in the US, with Vice President Mike Pence calling the elections "a sham", and suggesting the imposition of more economic sanctions. Read rest here.

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A leftist candidate won a close election in a South American country, threatening US interests in the region. The US president asked the CIA to "make the economy scream" to undermine governance and bring regime change, even if by violent means.

I am referring, of course, to Salvador Allende's election in Chile, and Richard Nixon's reaction, which eventually led to Augusto Pinochet's coup, one of the most bloody in the troubled history of the region.

The reelection of Nicolas Maduro last Sunday has led to the denunciation of the election in the US, with Vice President Mike Pence calling the elections "a sham", and suggesting the imposition of more economic sanctions.


Read rest here.
Matias Vernengo
Econ Prof at @BucknellU Co-editor of ROKE & Co-Editor in Chief of the New Palgrave Dictionary of Economics

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