• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

The iPINIONS Journal

Welcome! This is an unapologetic, agenda-free zone. Just commentaries on current events that’ll move you to think, laugh, rage, and even cry.

© Copyright 2005-2026 (Images appear pursuant to 17 U.S.C. sec 107)
  • Home
  • About
    • Contact
You are here: Home / General / Trump Threatens Venezuela’s Dying Economy with Economic Sanctions

Trump Threatens Venezuela’s Dying Economy with Economic Sanctions

Wednesday, July 19, 2017 at 7:27 AM
Written by Anthony L. Hall

Venezuela has been on a political and economic descent into the heart of darkness for years. I have bemoaned this unfolding tragedy in many commentaries, including most recently in “Venezuela’s Death Spiral of Recession, Protest, and Repression,” April 24, 2017.

But it speaks volumes that so much is being made of Sunday’s pyrrhic reprieve – when millions of hapless and hopeless Venezuelans participated in a symbolic referendum.

Venezuelan opposition leaders have called for their supporters to escalate street protests and support a 24-hour national strike later this week after more than 7.1 million people rejected a government plan to rewrite the constitution. …

More than three months of opposition protests have left at least 93 people dead and 1,500 wounded [and more than 500 protesters and government opponents jailed]. …

[President Nicolás] Maduro and the military dominate most state institutions, but the opposition controls the congress and holds three of 23 governorships.

(London Guardian, July 18, 2017)

Foremost, it is noteworthy that many of those taking to the streets these days to protest Maduro’s ineffectual rule were taking to the streets a few years ago to hail Hugo Chávez’s dictatorial rule. After all, Maduro is the personification of the primrose legacy Chávez left behind for the poor, misguided Venezuelans who supported him. I commented on their rude awakening in “Venezuela Finally Awakens from Chavismo Dream,” December 9, 2015.

As it happened, during the waning years of his rule (which ended when he died in 2013), I began analogizing Venezuela’s impending doom to the one that befell Zimbabwe. Now President Trump is threatening to intervene with economic sanctions instead of humanitarian relief, which would only reinforce this analogy.

US President Donald Trump threatened on Monday to take ‘strong and swift economic actions’ if Venezuelan President Nicolas Maduro goes ahead with plans to create a super-legislature known as a Constituent Assembly in a July 30 vote.

‘The United States will not stand by as Venezuela crumbles. If the Maduro regime imposes its Constituent Assembly on July 30, the United States will take strong and swift economic actions,’ Trump said.

(Reuters, July 17, 2017)

Of course, the cruel irony inherent in that threat is completely lost on Trump. Not to mention that it betrays Trump’s declared, America-First intent to stay out of the domestic affairs of other countries.

But, if he follows through, that would plunge millions of long-suffering Venezuelans into a living hell. After all, Maduro has already demonstrated a determination to emulate Zimbabwean President Robert Mugabe and successive North Korean dictators – who have defied similar “economic actions” for decades. But I fear civil war will erupt before Maduro seals his dictatorial legacy.

In the meantime, there’s no denying the heartrending spectacle of so many once-proud Venezuelans living lives of Dickensian desperation – complete with increasing numbers scavenging for food:

Some people had traveled across Venezuela to queue overnight hoping to cross [the border into Colombia] to buy food and other basics that are in short supply in Venezuela, which is steeped in an economic crisis. …

Venezuela’s stores lack the most basic foods and medicines. Queues of hundreds and even thousands of people are common, and riots and looting are a daily occurrence.

(Reuters, August 13, 2016)

As indicated above, I marched in virtual solidarity with Zimbabweans on their descent into the heart of darkness. And, thanks to successive US presidents taking “strong and swift economic actions” to punish the Mugabe regime, long-suffering Zimbabweans are now 25-plus years into their living hell.

Therefore, even if spared a civil war, things do not bode well for them. But I am loath to continue commenting on Venezuela’s in similar fashion, especially given that my commentaries did nothing to alter Zimbabwe’s death spiral.

In fact, besides urging you to pray for Venezuela, I can probably do no better than to refer you to my April 24 commentary cited above, which includes this forlorn plea:

We cry for you, Venezuela

The truth is, he never loved you

Despite Chavismo

His revolution,

He broke his promise

Please find your senses.

Related commentaries:
Death spiral…
Venezuela awakens…
Zimbabwe…

Anthony L. Hall

Legacy Note: With over 5,600 posts spanning 20 years, I am easily the most prolific blogger on the most eclectic array of topics on the web. That makes The iPINIONS Journal an unparalleled archive of informed political and cultural commentary. Visit the ARCHIVES section in the sidebar or search by topic. You won’t find a more consistent, independent voice on world affairs.

FOLLOW ME ON: Facebook / Instagram / Threads

FacebookTweetEmail
Filed Under: General Tagged With: Nicolas Maduro, sanctions, Venezuela

Primary Sidebar

Anthony L. Hall headshot
Anthony L. Hall is the founding columnist of The iPINIONS Journal, where he’s published sharp, independent commentary on global affairs since 2005. Read more.

FOLLOW ME ON

Substack
Threads

MY BOOKS

All books available at Amazon, Barnes & Noble and other booksellers.

The iPINIONS Journal: 2020 in Real Time
Anthony Livingston Hall
Five Star Seal

Recent Articles

  • Hakeem Jeffries Meeting with Jared Kushner Is Like Bill Clinton Rebuking Sister Souljah. It’s Smart Politics
  • Nepal Floods Show Trump’s America Shrinking in Stature
  • Dolly Parton and the House That Whitney Built
  • Trump on Ballroom, Reflecting Pool, Tariffs, War, Etc: Stop Me If You Can
  • The Biama Discovery: The Algorithm Is the New Compass
  • Trump Endorses and Nominates Dummies Like Darline Graham to Make Himself Look Smarter
  • Netanyahu Campaigning for Reelection by Defaming Mamdani and Defying Trump
  • “Hormuz Strait” US Territory? Because American Fatalism Has Normalized Trump’s Pathological Lying
  • NFL Turns Training Camp Into Love Field to Woo Female Fans
  • Birbalsingh’s Michaela Community School Defies the Soft Bigotry of Low Expectations

RSS Headlines

  • How Meta’s $17.1 Billion Social Media Settlement Came Together
  • ‘Immense’ Devastation as Nepal Continues Search for 2,400 Missing in Floods
  • Catastrophic Flood Exposes the Risks of Nepal’s Hydropower Bet
  • Fast Forward
  • Ina Garten Says You Can Either Get on Her Train or Get Out of the Way
  • Fact-Checking Senate Races in Georgia, Alaska and Texas
  • Turkey and Israel Vie for Middle East Influence as Tensions Spike
  • High Debt and Rising Prices Catch Up to Trump, as Midterms Near
  • In Georgia, Jon Ossoff Courts Broad Appeal With an Anti-Trump Script for Senate Race
  • Political Campaigns Are Quietly Paying Influencers to Support Candidates

Archives

  • 2026: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug
  • 2025: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2024: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2023: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2022: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2021: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2020: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2019: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2018: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2017: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2016: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2015: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2014: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2013: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2012: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2011: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2010: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2009: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2008: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2007: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2006: Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
  • 2005: Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

Subscribe via Email


Powered by FeedBlitz

Copyright © 2026Secured by SiteCare