Venezuela May very well be The subsequent North Korea If The World Doesn’t Act

By the beginning of this year, the regime was going through increasing economic issues, with many in the country struggling to pay for meals reboiler (double-tube plate) and medication. Drowning in debt, the anti-American, capitalism-bashing good friend of Wall Road put up half of the Venezuelan-owned Citgo petroleum firm a significant U.S. oil refiner as collateral to bondholders and used the opposite half for a Russian loan. Oil reserves were additionally given as a assure for Chinese loans and Venezuela withdrew its Worldwide Financial Fund reserves.