The irony of Sunday-into-Mondayโs victory of the โNOsโ in Venezuela should not escape us. As President Hugo Chavez proclaims the (rightful) triumph of democracy over imperialism, and of economic justice over financial oligarchy, participants in U.S. stock markets (for whom Chavez is a sworn enemy) are laughing all the way to the bank.
News of Chavezโs victory eased the rapid growth of prices on the oil market, which in turn, propped up sharp gains on U.S. stock markets Monday morning. Incredible. Those who have spent the months leading up to Aug. 15 demonizing Chavezโs economic and social policies and hoping for his defeat, are now making money as a result of his electoral victory (even as they decry its fraud). Itโs a twisted circle โ but one Venezuela will have to continue to partake in, if it wants to keep up the economic momentum is has begun to experience.
ZNetwork tau txais nyiaj tsuas yog los ntawm kev ua siab zoo ntawm nws cov neeg nyeem.
Pab Nyiaj