Sunday, December 1, 2013

Venezuela Losing Clout

Miami has been described tongue-in-cheek as the "capital" of Latin America -  cultural center of the entire Central and South American region. Writing about the region for the Miami Herald is Pulitzer Prize-winning columnist Andres Oppenheimer.

Most recently Oppenheimer has written of the sharp drop-off in the influence of Venezuela throughout the region. Venezuelan President Maduro is no Hugo Chavez, and a Venezuela without oil money to buy friends is turning out to be largely friendless.

When they love you for your wealth and the money runs out, who loves ya, baby? Answer: nobody.