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Thursday, May 20, 2010

In our opinion...

What has happened to Chavez over the last few weeks? He certainly looks uptight, upset and more polarized that at any time during his twelve-year tenure. More troublesome, is the fact that this is a very important electoral year for his “Bolivarian Socialist Revolution”

If one has learned something from “El Comandante” is that he does not make isolated decisions: he is a great strategist; everything has a reason and is part of a mastermind plan.

In our opinion he has been trying very hard to instigate civil unrest. Every single of his latest decisions point to that direction. The opposition in the meantime has finally unified given his constituents a reason for hope, and therefore, are not taking part of his game. Nevertheless, he will keep trying to create distress because he knows that in this electoral contest he is done.

In his latest raid against the economy he has order the freezing of the trading of the dollar-denominated fixed income securities in Venezuela. Does he think this will effectively solve the deterioration of the value of his “Venezuelan Bolivar Fuerte”. Of course not, what he is trying to accomplish is a much larger deterioration of the Venezuelan Economy that is already showing signs of sporadic shortages of many items. The more time he chooses to keep the markets closed the greater the shock the economy will feel and of course, he has the power to decree a financial emergency and stop the electoral process.

Hopefully, the opposition leaders have learned their lesson and are strategy-zing and working hard to reach the elections, which at this time are in great danger, since they are being attacked by no other than the Socialist Comandante!

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