Examining Challenges and Chances for a Successful Coup in Venezuela

Nextbigfuture wrote several articles in early 2018, where we looked at the rapid economic and social collapse in Venezuela and believed it would lead to a military coup. Nextbigfuture predicted the coup would happen by the end of 2018. There are now about 26 days for that to happen. Clearly, this is highly unlikely. Venezuela’s …

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Venezuela is months from the end game of total chaos or a coup

Venezuela’s consumer prices rose 834,000 percent in the 12 months through October, according to a report published by the opposition-controlled Congress. The IMF expects hyperinflation to reach 10 million percent in 2019. The number of private businesses operating in Venezuela has plummeted from 650,000 in 1998 to only 140,000 in September. Venezuela has $150 billion …

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2009 Honduran constitutional crisis and today

In political science, the term banana republic describes a politically unstable country with an economy dependent upon the exportation of a limited-resource product, such as bananas or minerals. Honduras is the poster-country that defines the term banana republic. There is some history and economics relevant to the Caravan of people from Honduras. Venezuela and Cuba …

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Venezuela Collapse Horror Show

The collapse in socialist Venezuela has been extremely bad for three years. There has been starvation, hyperinflation and terrible shortages and a dysfunctional socialist economy. About 2 to 3 million Venezuelans have fled to other countries. People have eaten dogs, zoo animals and garbage. People are buying rotten meat to survive. There are many power …

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Will failed national cryptocurrencies lead to adoption of better cryptocurrencies?

Iran is launching a cryptocurrency backed by its national fiat currency the Rial. Transactions will be recorded on a private blockchain based on open-source Hyperledger Fabric technology. The Central Bank of Iran will control the issuance of new tokens at their discretion. The new cryptocurrency would help move money and avoid sanctions. Venezuela has tried …

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