The Commandant once again said he has “no problem” nationalizing the country’s banking sector and that any private bank that fails to extend development loans will be seized.
In our opinion, the revolution has entered its final stage by which Chavez takes Venezuela down a total authoritarian route, stifling dissent and nationalizing much of whatever is left "private" in the economy.
In the midst of the highest inflation in seven years, Chavez's next step would be to create an export-import corporation to take over middle-class management of all trade and as he will put it " No more dollars to the bourgeoisie"
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