Venezuala Dumps IMF and Takes Over Oil Fields

I definitely saw this one coming (especially since Chavez claimed he’d do it!).  Like Ecuador, Venezuala dumps the IMF, which essentially removes American control over much of their economic policies.  They’ve also taken over operational control of the Orinoco Belt, removing them from the multi-nationals oversight (primarily American!).
Nationalization of the world’s oil fields continues as expected, followed soon by water and food production.


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