Part 1 of 2
What Really Happened in Venezuela, And Why It Matters
Economic Warning
Jan 4, 2026
If you turn on the news today, the story looks deceptively simple. Helicopters in Caracas. A president removed. Officials celebrating a decisive operation. But the events unfolding between the United States and Venezuela are not just about a single raid or a single leader. They reflect a deeper moment of stress in the global system — one where power, resources, and financial structures collide under pressure.
This analysis steps away from the spectacle. It does not focus on triumph or condemnation. Instead, it traces the sequence of decisions that led to this moment, the strategic calculations behind them, and the consequences that are already beginning to emerge.
For years, pressure was applied quietly. Sanctions hardened. Diplomatic channels narrowed. Financial systems shifted. Energy markets tightened. What appeared sudden was, in reality, the final move in a long process where negotiation gave way to enforcement and patience ran out.
We examine why this happened now, not earlier. Why Venezuela became a focal point at this stage. And why the operation raises questions that go far beyond Caracas — about international law, economic leverage, resource security, and the durability of the systems that have governed global trade for decades.
This report also looks ahead. At the reactions unfolding inside the United States, across Latin America, and among major global powers. At the risks of instability after regime removal. And at who ultimately bears the cost when political decisions intersect with financial reality.
This is not an argument for or against any government. It is an attempt to understand what this moment reveals about the world as it is — not as it is described in press briefings.
Because when diplomacy collapses, enforcement takes its place. And once that happens, uncertainty does not remain contained.
Stay informed. Stay critical
Transcript
Right now, across every news network, you're watching the same story on repeat. Special forces descending from
the sky. A Latin American president in handcuffs. Commentators praising tactical precision and strategic
brilliance. They want you focused on the spectacle, on the daring raid, on the military success. Because if you're
watching the helicopters, you're not watching the balance sheet. This wasn't regime change for democracy. This wasn't
about human rights violations or drug cartels. This was a debt collection operation with gunships. There's an old
rule in geopolitics that everyone pretends doesn't exist. You cannot sanction the countries that control your
vital resources. Not forever, not without consequences. For 23 years, the
United States tried to defy this rule. They sanctioned Venezuela. They froze assets. They recognized parallel
governments. They funded opposition movements. They did everything except the one thing they just did. until this
week when all of that collapsed in the most revealing way possible. On December 28th, Nicolas Maduro signed energy
agreements with China worth $18 billion. 2 days later, Jake Sullivan, the
national security adviser, quietly requested a meeting with Venezuelan officials in Panama not to threaten, not
to impose conditions to negotiate access to oil that Washington has spent two decades trying to destroy. What you're
witnessing is not diplomacy. its capitulation that got interrupted by helicopters and it reveals something
critical. When an empire loses control over resources, it once considered guaranteed. The collapse doesn't arrive
gradually. It arrives in cascade. Let me show you the numbers that explain why this happened now, why this week, why
this operation couldn't wait. Venezuela controls the largest certified oil reserves on the planet, 303.8 billion
barrels. Iran, its strategic ally, controls another 28.6 billion. Together,
they represent 32% of global proven reserves. And both have just formally
exited the financial system controlled by Washington. This is not theory. This week marks the breaking point where the
architecture that sustained American hijgemony for 80 years began its irreversible disintegration. But to
understand why American helicopters just landed in Caracus, you need to understand a problem that almost nobody
is talking about. The refinery mismatch. The media has been selling you a story for years. They told you the shale
revolution made America energy independent. They told you the United States is now the world's largest oil
producer and therefore doesn't need to care about the Middle East or Latin America anymore. This is a halftruth.
And in geopolitics, a halftruth is a full lie. The United States does produce
massive amounts of oil, but it produces light, sweet crude. It's like champagne.
Bubbly, light, expensive to extract, and not what American refineries were built to process. The problem is this. The
massive refineries in Texas and Louisiana, the industrial backbone of American energy, were built 50 years
ago. They were designed to process heavy, sour crude, the thick, sludge-like oil that comes from
Venezuela and the Middle East. America produces champagne, but its engines run on diesel. For decades, they solved this
by importing heavy crude from Saudi Arabia. But that relationship uh that relationship is effectively dead. Saudi
Arabia is no longer the gas station of the West. Riad is cutting production to keep prices high. They're joining
bricks. They're ignoring calls from Washington. The Saudi prince has made it very clear he's no longer interested in
being a vassal state. So the United States faced a mathematical problem. They were running out of the specific
type of oil needed to keep their refineries running at capacity. And worse, they had already played their
emergency card. Over the last two years, the administration drained the strategic petroleum reserve. The SPR is meant for
war. It's meant for national emergencies. It is not meant to buy votes by artificially lowering gas
prices before elections. Yet, they opened the taps. They flooded the market with millions of barrels to keep prices
down. Now the bill has come due. The SPR is at its lowest level since 1983. 351
million barrels. That's it. Under the Biden administration, 180 million barrels were released in
2022 alone to control prices after the Ukraine conflict started. Those barrels
have not been replaced. The International Energy Agency projects a deficit of 1.2 2 million barrels daily
for 2025 if tensions with Iran escalate and Russian sanctions remain in place.
So Washington looked at the map. They looked for heavy crude suppliers. Canada is already pumping at maximum capacity.
Russia is sanctioned and hostile. Saudi Arabia is uncooperative and pivoting toward Beijing. That left only one
option. The massive heavy crude fields of the Oronokco belt. Venezuela. Venezuela currently produces 780,000
barrels daily. Under Chinese technical management and Russian financial support, that production could reach 1.4
million barrels daily within 18 months. But here's the problem that triggered this entire operation. That oil is
already committed. China signed oil prepayment contracts with Venezuela worth 62 billion between 2007 and 2024.
Russia provided another 17 billion in credit lines backed by crude shipments. India, completely indifferent to
American sanctions, now imports 340,000 barrels daily of Venezuelan oil,
refineses it, and reexports it to Europe as Indian product. The United States
tried four strategies to break this encirclement. Every single one failed. The first strategy was maximum pressure
through sanctions. It failed because Venezuela developed export networks completely outside the swift banking
system. Ships with flags of convenience, payments in yuan, refineries in Malaysia, Washington discovered that
sanctioning paper doesn't stop oil molecules from moving. The second strategy was regime change through
proxies. They spent millions backing Juan Guyaido, recognizing him as the legitimate president, even though he
never controlled a single military barracks. By 2023, even the Venezuelan opposition had abandoned him. American
recognition became an international joke. The third strategy was diplomatic isolation. It failed because 134
countries never recognized Guyaido. Latin America, including Brazil, Colombia, and Mexico, restored full
diplomatic relations with Caracus between 2022 and 2024, completely
ignoring Washington's objections. The fourth strategy was conditional licenses, allowing companies like
Chevron limited permission to operate in Venezuela, but with strings attached.
This is failing right now because Maduro learned the fundamental lesson. Never trust American concessions designed as
control levers. And then came the final trigger, the currency war. Intelligence
reports that mainstream media is conveniently ignoring suggested that Caracus was preparing what financial
analysts were calling a nuclear option. Venezuela was on the verge of officially integrating its energy sector into
China's crossber interbank payment system CIP. They were preparing to price
their entire reserve, the largest on earth, not in dollars but in a basket of currencies led by the UN and backed by
gold. If this had happened, it would have been a signal to the entire global south. It would have proven that you can
possess massive resource wealth outside the American banking system and survive. Washington saw this as an existential
threat. Let me explain why this matters so much. The American dollar is not backed by gold. It hasn't been since
1971. It's not backed by industrial productivity. The manufacturing base has
been hollowed out for decades. It's backed by one thing. An agreement made 50 years ago with Saudi Arabia. Oil must
be sold in dollars. This is the magic trick. Because every nation on Earth needs oil. Every nation needs dollars to
buy it. This creates permanent artificial demand for US currency. It allows the United States to print
trillions of dollars, export the inflation to the rest of the world, and never face the consequences. This system
is called the exorbitant privilege. It's the source of American prosperity for half a century. But recently, the magic
started to fade. In June 2024, the Saudi American petrod dollar agreement
formally expired. Saudi Arabia did not renew it. They now accept Chinese yuan for oil sales to China, their largest
customer. In November 2024, the United Arab Emirates processed $128 billion in
bilateral trade with China completely in yuan. Russia sells oil to India in
rupees and rubles. Iran sells to China in yuan. The dollar's share of global foreign exchange reserves fell from 71%
in 1999 to 58% in 2024. Each percentage point of decline represents
approximately 350 billion dollar in reduced demand for US Treasury bonds.
And this is where Venezuela became the red line. If Venezuela's oil disconnects
from the dollar, the demand for US Treasury bonds collapses further. Interest rates spike. The entire
debt-based economy of the West, which depends on cheap borrowing, implodes. So
Washington had a choice. Accept the new multipolar reality and negotiate as an equal partner or use the one asset they
still have in abundance. Military force. They chose the gun. The operation itself
was from a purely tactical standpoint extraordinary. And we need to acknowledge that because it tells us
something about what comes next. Dan Kaney, head of the Joint Chiefs of Staff, gave a presentation after the
press conference. He said they'd been preparing for this for months. They rehearsed it. They had someone very
close to Maduro feeding them intelligence. They knew where he ate, what he ate, who he ate with, what pets
he had. They'd been waiting for the right weather conditions. For several days, the operation was ready to
execute, but weather kept delaying it. The minute conditions aligned, they moved. Helicopters came in. Electricity
was reportedly cut in key areas. Air defenses were neutralized. Delta Force
operatives, including, and Trump made a point of mentioning this, a 49-year-old operator extracted Maduro from his
residence. No American casualties. Maduro is now on a US warship heading to
New York to face a sealed indictment that's been waiting since 2020. Trump at the press conference couldn't contain
himself. He said, and I'm paraphrasing here, you're probably never going to get to see what I saw last night. It was
amazing. These guys were moving so fast. He was watching it in real time from Mara Lago like it was a reality TV show,
which in his mind it was. But here's where the spectacle ends and the consequences begin. Trump and Marco
Rubio were asked repeatedly at the press conference, who's going to run Venezuela now? How long will American forces be
there? What's the plan for governance? and they had no answer. Rubio went up
and gave a rambling speech about how uh you know when Trump says something he means it. You've got to take him at his
word. But there was no actual plan presented. Just vague references to these guys behind me running things,
gesturing to Pete Hegsth, Steven Miller, and others. These are not people who are going to sit in Caracus organizing
public infrastructure. Trump did say that American oil companies will go in and help Venezuela rebuild its energy
sector. He was very explicit about this. He said it's pathetic how much they've been producing given their reserves and
American companies will fix that. But here's the problem that anyone who studied postconlict reconstruction
understands immediately. Venezuela is not Panama. This is not 1989 when George
HW Bush sent forces in to remove General Noriega. Panama had 3 million people.
Venezuela has 30 million. Panama had a massive American military base in the
strategically vital Panama Canal. Venezuela has neither. More importantly, Maduro was not a personalist dictator.
This wasn't like removing Saddam Hussein or Gaddafi, where the entire state structure revolved around one
individual. Maduro rose within a system, the Chavista system, a network of
generals, intelligence chiefs, judiciary officials, and paramilitary groups called collectivos that control
everything from ports to food distribution. The defense minister is still in place. The interior minister,
Diosado Cabelloo, one of the most powerful figures in the regime, is still
there. The vice president, Deli Rodriguez, is still there. All of these people control pieces of the economy.
Venezuela has, and this is a critical detail, multiples more generals compared to the average soldier than anywhere
else on Earth. About 20 times as many as you would expect in a normal military
structure. Every general has a monopoly somewhere. They control mining concessions. They control ports. They
control oil distribution. The military doesn't just defend Venezuela. The military is the economy. So, what
happens now? Does the Nobel Prizewinning opposition leader Maria Corina Machado
come in and say, "I'm bringing transitional justice. I'm prosecuting the top figures in the Maduro regime."
If she does, every one of those generals is going to think, "Hold on. I own a mining concession. I don't trust Donald
Trump. I don't trust this amnesty. Why would I give up power and wealth and risk prosecution?" Either they cling to
power and try to cut some deal with Richard Grenell, Trump's envoy, to secure their assets, or they resist. And
if they resist, Trump has already signaled what comes next. At the press
conference, he said very clearly, "We had a second wave of attacks ready to
go." He repeated this multiple times. The message was obvious. Fall in line or we hit you again. But this is where the
operation tactically brilliant as it was becomes strategically catastrophic
because the rest of the world is watching. Every country in the global south from Nigeria to Brazil to
Indonesia is looking at Venezuela and thinking the same thing. If we refuse to
sell our resources in dollars, will they come for us next? This fear does not create loyalty. It creates an exodus.
Let me show you what's already happening. At the BRICS summit in Kazan, Russia in October 2024, Vladimir Putin
announced the development of bricks pay, a blockchainbased crossber payment system that completely bypasses the US
dollar. Brazil is already piloting it for agricultural trade. South Africa
processed its first diamond transaction in November. Iran and Russia are settling arm sales through it. Venezuela
has just applied for formal BRICS membership. If accepted, and it will be, its 303.8
billion barrels of oil reserves will be integrated into an economic architecture completely isolated from Washington. The
transition has already happened. The world simply hasn't realized it yet. China's official gold reserves increased
by 225 tons in 2023 alone. actual purchases are probably double that made
through Hong Kong imports that aren't fully reported. Russia was completely excluded from Swift in 2022. Their
response, build the financial message transfer system, now processing 30% of
Russian domestic payments and expanding to 159 financial institutions in 20
countries. China launched CES in 2015. As of early 2025, it connects 1,423
financial institutions in 109 countries. It processes $436 billion in daily
transactions completely outside dollar-based clearing systems. The BRICS expansion in 2023 added Saudi Arabia,
Iran, the United Arab Emirates, Egypt, and Ethiopia. That's 45% of the world's
population, 36% of global GDP in purchasing power parody terms, and
control of 72% of the planet's proven oil reserves. By attacking Venezuela to
secure its oil fields, the United States has proved exactly why the world needs an alternative system. They've validated
every speech Putin and Xiinping have ever made about American unilateralism and aggression before this operation.
Countries used the dollar because it was convenient, stable, and the infrastructure was already there. After
this operation, countries will dump the dollar because holding US assets now means you're vulnerable. It means your
sovereignty is conditional. The petro dollar is no longer a trade agreement. It's a hostage situation. Now, let's
talk about the legal dimension because this matters for what happens next. The operation was launched with no
congressional authorization. Congress was not consulted. In fact, congressional committees had called in
administration officials weeks earlier and asked directly, "Are you planning regime change in Venezuela?" They were
told, "No." Senators are now coming out saying they were lied to. Trump's defense delivered by Marco Rubio at the
press conference was that Congress leaks and couldn't be trusted with operational security. There was no consultation with
the United Nations. No Security Council resolution, no attempt to build international legitimacy. The
justification being used is that Venezuela represents a narco terrorist threat to the United States. That
Maduro's regime is flooding America with drugs and therefore this falls under national security emergency powers. Most
international law experts are calling this nonsense. Under the UN charter, you need either a security council
resolution or an imminent threat to justify military intervention in another sovereign state. Venezuela, a country of
30 million people located 3,500 kilometers from Florida, does not
represent an imminent threat. The legal argument is performative. But here's what's interesting. Trump doesn't care
about the legal argument, and he's not hiding that. At the press conference, he mentioned the Monroe Doctrine,
specifically the idea that the Western Hemisphere is America's sphere of influence. He even joked that some
people are now calling it the Donro doctrine, inserting his own name into it. This is 19th century thinking,
gunboat diplomacy, spheres of influence, the idea that might makes right. And the
message to the rest of Latin America was explicit. Trump was asked about Colombia. He said the Colombian
president, and I'm quoting here, needs to watch his ass because Colombia is flooding the United States with drugs.
He talked about Mexico, saying, "Claudia Shinbomb claims she runs Mexico, but actually the cartels run Mexico." The
implication was clear. Comply or you're next. He's not even pretending anymore. The mask of the liberal international
order, the rhetoric about democracy and human rights and rule of law, it's gone.
This is raw power politics, and the world is reacting accordingly. China issued a statement calling this a breach
of international law. Reckless and dangerous. Russia's foreign minister Lavough said the same. But here's what's
interesting. The statements feel muted, almost uh almost pro- fora. It's as if
they're going through the motions of condemnation without actually committing to any real push back. And that tells
you something. Russia and China are not willing to stand up for their proxies when the United States uses military
force. Venezuela was receiving support from both. China made massive loans.
Russia provided military cooperation and financial support. And yet, when American helicopters came, there was no
real response. This raises a critical question for the multipolar world order.
If the United States can still execute operations like this with impunity, how multipolar is the world really? But I
think that's the wrong lesson to draw. Because while China and Russia didn't intervene militarily, they don't need
to. The response isn't military, it's financial. Every country watching this
is accelerating their exit from dollar dependence. They're buying gold. They're joining CFS. They're negotiating
bilateral trade in local currencies. The response is structural, not tactical.
And that brings me to the biggest problem facing the United States right now, the day after. There are think tank
papers going back a decade about regime change scenarios in Venezuela.
Brookings, the American Enterprise Institute, dozens of war games and policy simulations. They all identify
the same challenges. First, what do you do with the former regime elements in Iraq? They disbanded the Bath party and
sacked everyone. That created a massive insurgency. If you prosecute too many Venezuelan generals and officials, you
create a resistance movement. But if you forgive them all and let them keep their mining concessions, 80% of Venezuelans
will say, "What the hell was the point?" Second, what do you do with the collectivos? These are the paramilitary
groups, maybe two to 300,000 people who control food distribution, neighborhood security, and have been armed for years.
They're not in the jungle. They're in urban centers. The playbook says you need to demobilize and disarm them. In
Colombia, they did this with 14,000 FARC fighters over years. In Venezuela,
you're talking about 300,000 people. The scale is completely different. Third,
infrastructure. Venezuela's oil industry has been destroyed by decades of
underinvestment and sanctions. Electricity is unreliable. Water systems
are failing. Getting oil production back to meaningful levels could take 5 to 10
years, even with American companies involved. Fourth, governance. who
actually runs the country? Trump was asked this directly at the press conference. He had no clear answer. He
gestured to the people standing behind him and said, "These guys will handle it, but Pete Hgsith, Marco Rubio, and
Steven Miller are not going to be administering Venezuelan public services." The assumption seems to be
that Maria Karina Machado and the opposition will take over, but she hasn't been mentioned prominently.
Trump's tone when referencing her was notably cool. And here's the detail that should terrify everyone. Trump mentioned
that Marco Rubio had been in contact with Deli Rodriguez, Maduro's vice president, who is part of the inner
circle of the regime. That suggests the United States might actually try to cut a deal with the existing power structure
minus Maduro. install a new face but keep the same system in place as long as
they agree to sell oil in dollars and allow American companies back in. If
that happens, this entire operation wasn't about liberating Venezuela. It
was about changing management. And here's why that might backfire spectacularly. Because if the generals
and the judiciary and the collectivos stay in power just under new branding, the Venezuelan people who celebrated
Maduro's removal are going to feel betrayed and rightfully so. You'll have massive protests. You'll have
resistance. You'll have instability that could last for years. And the United States has zero appetite for boots on
the ground long term. Trump has made that clear his entire political career. He doesn't want to occupy countries. So
you end up with the worst possible outcome. A power vacuum, competing factions, no legitimate governance, and
oil production that stays disrupted. Meanwhile, Trump will declare victory, hold a press conference showing footage
of the raid, and move on to the next headline. But the consequences will compound. Think about the signal this
sends to every other country with natural resources. If you're sitting in Riad right now watching this, what do
you conclude? You conclude that having oil reserves makes you a target. if you don't comply with Washington's demands.
So what do you do? You diversify. You move your wealth into assets the US military can't seize. Gold, UN, real
estate in neutral jurisdictions. You accelerate your entry into bricks. You build alternative payment systems. You
reduce your exposure to the American financial system as quickly as possible. The same calculation is happening in the
UAE, in Kazakhstan, in Nigeria, in Indonesia. Every oil producing nation is
watching and adjusting. Trump thinks he's securing American energy independence. What he's actually doing
is fragmenting the global energy market into blocks that trade outside the dollar system. And once that
fragmentation is complete, the United States loses its ability to print money without consequences. Let me show you
what that looks like in practical terms for Americans. Right now, you're paying $4.80 per gallon for gasoline in
California. That price is not determined by supply and demand. It's determined by geopolitical risk premiums. Futures
markets are pricing in the growing probability that the United States cannot secure reliable access to lowcost
energy in the next 24 months. Your heating bills this winter reflect the same calculation. American natural gas
trades at a 40% premium over European prices. Even though the US produces more
because Europe built LNG infrastructure that diversifies suppliers, the US is
trapped with domestic pipeline dependency while simultaneously sanctioning foreign producers who could
stabilize markets. Your purchasing power at the grocery store, each dollar buying
23% less than in 2020, is partially monetary inflation, yes, but it's also
the structural fracture of dollar-based supply chains. When Brazil trades soybeans with China and yuan, when
Russia sells fertilizer to India and rupes, when Saudi Arabia sells oil to Japan without touching dollar
denominated accounts, each of those transactions reduces demand for your currency. Demand reduction means
devaluation. Devaluation means your salary buys less, your retirement savings, if they're in traditional
treasury heavy index funds, are structurally exposed to the risk that foreign governments diversify away from
those same bonds. When China reduced Treasury holdings by $30 billion in a single quarter last year, bond yields
increased to attract replacement buyers. Higher bond yields mean lower bond valuations. Your retirement funds hold
those bonds. This is the hidden cost of what just happened in Venezuela. The
immediate spectacle is dramatic. The long-term financial consequences will be devastating. Now, there's an argument
some people will make. They'll say, "Look, Maduro was a terrible person. He rigged elections. He tortured opponents.
He destroyed the Venezuelan economy. The country went from the wealthiest in Latin America to one of the poorest. 8
million refugees fled. Getting rid of him is a good thing." And on a human level, yeah, Maduro was a disaster. No
question. But the problem with that argument is it confuses morality with strategy. Removing a bad leader through
military force, without a plan for what comes next, without regional support,
without legitimacy, creates worse problems than it solves. We've seen this pattern before. Iraq, Libya,
Afghanistan, every time the narrative was the same. This leader is terrible.
The people will welcome us. We'll install democracy. Everything will be fine. And every time it turned into a
disaster because toppling a government is the easy part. Building a functional
state is the hard part. And there's zero indication that the Trump administration
has thought beyond the raid itself. At the press conference, a reporter asked, "How long will American forces be in
Venezuela?" Trump's answer, "We're not worried about boots on the ground." That's not an answer. That's an evasion.
Because either you commit to long-term stabilization, which Trump has no interest in, or you leave quickly and
hope someone else figures it out. If you leave quickly, you get chaos. If you stay long-term, you get an occupation
that drains resources and becomes politically toxic domestically. There's no good option once you've launched the
operation without a plan. And that's the fundamental problem here. This wasn't a strategic decision. It was a reactive
one driven by panic over oil supplies and dollar hegemony. Let me tell you
what happens next. This is not speculation. This is pattern recognition based on how these situations have
unfolded historically. In the short term, oil markets will rally. Investors
will bet that Venezuelan production comes back online quickly under American management. Gas prices might drop
slightly. Wall Street will celebrate. Trump will declare victory. He'll hold rallies. He'll talk about American
strength and how he did what no other president could do. But within six months, the cracks will show. Venezuelan
production won't recover as quickly as promised because the infrastructure is in worse shape than anticipated. Because
the generals who controlled the oil sector are either in hiding or actively sabotaging operations. Because the
workers don't trust the new government, the collectivos will start low-level resistance. Not a full insurgency at
first, just enough disruption to make governance impossible. Targeted strikes, protests, sabotage. American oil
companies will start complaining that the security situation makes it impossible to operate. They'll demand
more protection. That means more American personnel on the ground, even if they're called contractors instead of
soldiers. Within a year, you'll have congressional hearings asking why billions in reconstruction aid are
disappearing with nothing to show for it, why oil production is still below expectations, why Venezuela is still
unstable. And Trump will do what he always does. Blame someone else. Blame the previous administration. Blame the
Venezuelan opposition for not being competent. Blame Europe for not contributing enough aid. But the damage
will be done not just in Venezuela, globally. Because every country that was on the fence about joining bricks will
now have made their decision. Every country that was considering pricing commodities in Guan will now have moved
forward. Every country that was debating whether to keep reserves and dollars will have diversified. The Venezuela
operation will be studied in the future, not as a triumph, but as the moment American unilateralism finally broke the
international order it claimed to uphold. And here's the deepest irony. Trump thinks he's demonstrating
strength. He thinks he's showing the world that America is back, that it can project power anywhere, that it doesn't
need to ask permission. But what he's actually demonstrating is desperation. A
truly powerful country doesn't need to invade to secure resources. It offers
the best trade deals, the best technology, the most stable currency. People want to trade with you because it
benefits them. When you have to use military force to secure access to oil,
when you have to threaten your neighbors, when you have to tear up the rule book and operate through pure coercion, that's not strength. That's
the behavior of a declining power that can no longer compete on merit. And the world sees that. China sees it. Russia
sees it. India sees it. Brazil sees it. Even allies like France and Germany see it, even if they won't say it publicly
yet. The Venezuela operation has accomplished the opposite of its intended goal. It was supposed to secure
American access to oil and reinforce dollar dominance. Instead, it has accelerated the global move away from
dollar dependence and proven that American power while still formidable militarily is strategically brittle. You
can win every tactical battle and still lose the war. So, where does this leave us? The helicopters have left Caracus.
Maduro is on a warship heading to New York. The news cycle will move to the next crisis within days. Maybe it'll be
Greenland, maybe Canada, maybe something else Trump tweets at 3:00 in the morning. But the structural damage is
permanent. The trust that held the international system together for 80 years. The idea that there were rules,
that sovereignty mattered, that military force was a last resort, not a first option, that's gone. And you can't
rebuild trust with press releases. Countries will remember what happened here. They'll remember that when an
oilrich nation tried to trade outside the dollar system, American special forces came in the night and they'll act
accordingly. The petro dollar era is ending, not because of inflation or cryptocurrency or any of the things
financial commentators talk about. It's ending because the United States just demonstrated that the system is no
longer based on mutual benefit. It's based on coercion. And in the long run, coercion is more expensive than
cooperation. You can force compliance for a while, but eventually people find ways around you. They build alternative
systems. They form alliances. They root around the obstacle. That process has already started. Venezuela was just the
catalyst that made it undeniable. The empire is not collapsing in a dramatic explosion. It's eroding one decision at
a time, one ally at a time, one percentage point of reserve currency at a time. And the people making these
decisions, the ones standing at podiums celebrating tactical victories, they
either don't understand what they're doing or they don't care because the consequences won't hit until they're out
of office. But the consequences will hit. They always do. And when they do, when oil is priced in multiple
currencies, when treasury auctions start failing, when the dollar loses another
10 or 15 percentage points of reserve status, when inflation comes back with a
vengeance because there's no longer artificial demand for American currency. The people who will pay the price won't
be the generals or the politicians. It'll be the people watching this video, the people trying to pay rent, buy
groceries, save for retirement, and plan for a future that's becoming more uncertain by the day. That's the real
story behind the helicopters. That's what they don't want you focused on while you're watching the spectacle. The
operation in Venezuela wasn't about democracy. It wasn't about human rights. It wasn't even really about Maduro. It
was about a financial system that's dying and an empire that's willing to use violence to keep it on life support
for a few more years. But you can't stop structural change with helicopters. You can delay it. You can make it messier.
You can ensure that when it finally happens, it's more chaotic and more painful than it needed to be. But you
can't stop it. The world is reorganizing. New systems are being built. New alliances are forming. New
currencies are emerging. And the country that could have led that transition, that could have shaped it in a way that
preserved its influence and prosperity has instead chosen to fight it with
everything it has. That's the tragedy here. Not that change is coming. Change
was always coming. The tragedy is that it's going to be so much harder than it needed to be for everyone. Pay attention
to what happens next in Venezuela. Not the headlines, the details. Watch whether oil production actually
recovers. Watch whether American companies can operate safely. Watch whether the new government, whatever it
looks like, has any legitimacy with the Venezuelan people. Watch whether other Latin American countries fall in line or
start hedging their bets. Watch whether Saudi Arabia accelerates its bricks integration. Watch whether China
announces new commodity trading agreements in yuan. Those are the signals that matter because the
helicopters were just the opening scene. The real story is what comes after. And based on every historical precedent we
have, what comes after is going to be considerably more complicated than the people in charge are prepared to handle.
