It looks like the US government-backed coup in Venezuela is coming a cropper and the US won’t get its hands on Venezuela’s oil this go around. That doesn’t mean it won’t keep trying. From Tom Luongo at tomluongo.me:
The U.S. backed a coup in Venezuela that has failed. And President Trump was the architect of it. This is a farce surrounding an intrigue contained within a tragedy.
What has happened in Venezuela is tragic. Nicolas Maduro is a comical figure straight out of central casting for a South American leader of a junta. But it has been the U.S.’s designs on Venezuela’s oil and gas reserves (the largest proven in the world as of 2017) that is the real story behind this week’s events.
For anyone still harboring doubts as to who Trump truly is Venezuela should end them. Trump’s Energy Dominance policy is at the core of his foreign policy. And he will do whatever it takes to secure that policy and deliver a long-standing order to the U.S. and European oligarchy to gain control over Venezuela.
The US – were energy dominance to succeed – simply would control the tap to the economic development – or its lack thereof – for rivals China, and Asia. And the US could squeeze Russia’s revenues in this way, too. In short, the US could put a tourniquet on China’s and Russia’s economic development plans. Is this why JCPOA was revoked by President Trump?
Here then, is the squaring of that circle (more US power, yet less empire): Trump’s US aims for ‘domination’, not through the globalists’ permanent infrastructure of the US defence umbrella, but through the smart leveraging of the US dollar and financial clearing monopoly, by ring-fencing, and holding tight, US technology, and by dominating the energy market, which in turn represents the on/off valve to economic growth for US rivals. In this way, Trump can ‘bring the troops home’, and yet America keeps its hegemony. Military conflict becomes a last resort.