Venezuela owing a mountain of debt to China?

 The western narrative, Venezuela owing China US$60 billion that it can never pay back. And China is hooking Venezuela onto this debt trap and squeezing Venezuela for concessions and natural resources like oil and minerals. Anyone not informed of the truth would simply swallow this lie and thinking China is exploiting Venezuela and bullying Venezuela. China is the bad guy! Really?

Is this the truth? For more than 15 years, the rogue regime in Washington have done all kinds of evil acts to strangle the Venezuelan economy, to bankrupt it like Cuba or Russia. With more than 900 sanctions and all kinds of embargoes, blocked from the SWIFT financial system, Venezuela is as good as being cut off from the international trade. As the country with the biggest oil reserves in the world, producing more than 10 million barrels of oil daily, the production has been reduced to only a few hundred thousand barrels a day. The Americans have withdrawn all its oil production crew, stop pumping oil from the wells used to be controlled by the Americans. The sanctions have frightened away all buyers of Venezuelan oil. The Venezuelan economy was broken. There were Venezuelans dying of starvation and food shortages because of the blockade by the American terrorists. From a relatively rich country, Venezuela was broke. Venezuela was isolated to be crushed by the Americans. Cannot trade with the rest of the world like Cuba and Russia. 

This is the work of the evil American Empire against Venezuela, including coups, assassination attempts, robbing of Venezuelan gold reserves in UK banks, blockades, threats of invasion.

Venezuela has no buyers for its oil and produces, and no money to buy food for its people. The Americans wanted to starve the Venezuelans and push them to rebel against the Maduro govt, putting all the blames on Maduro as incompetent and even corrupt dictator. With the American terrorists terrorising everyone, no one dares to trade with Venezuela. China came in when no one dares. China defies the American threats and sanctions and sell whatever Venezuela needs for its people. But Venezuela has no money to pay. China offers to buy its oil, in defiance of the Americans. China buys as much as 90% of Venezuela's oil exports and other produces. 

What China did is shocking to the Americans and the world. China pays Venezuela in advance, all US$60 billion to kick start the Venezuelan economy. The US$60 billion is NOT debt, not debt trap. It is money for survival, money that China paid for Venezuelan oil and goods. And Venezuela can repay this with oil and other goods by instalments to China. With the biggest oil reserves in the world, Venezuela has all the means to pay back whatever it owes to China, or whatever China pays in advance. China is giving a lifeline to Venezuela, not a debt trap, to survive from the oppression and sanctions by the Americans.

Venezuela can be a very rich nation if it is able to sell its oil freely to the whole world. But the American terrorists have blocked this path, now with a full blockade of oil tankers in and out of Venezuela. But no worry, China will continue to buy Venezuelan oil, China will continue to invest in Venezuela, help Venezuela to pump its oil, to build infrastructure, to rebuild its economy and feed the Venezuelans.

China did not stop at these. China is helping to build up Venezuela's defence capability by selling it the needed military weapons to defend itself. Russia and Iran and many other countries are also selling weapons to Venezuela to take on the American military threat, threat of an invasion, threat of a regime change, threat of assassinating Maduro.

The American lied about debt trap and Venezuela being unable to pay its debt are the cruel narratives and lies of the American terrorists. Venezuela is surviving the harsh sanctions of the American terrorists and recovering very well and growing its economy. Its people now have enough to eat and not dying from starvation imposed by the rogue regime in Washington.

Venezuela, like all Latin American and African states have a lot of natural resources to sell, to export for revenue to develop their countries, if not because of the cruel and oppressive sanctions of the evil American Empire. All Central and Latin American states are rising in rebellion against the evil American Empire.

China is paying in advance for Venezuelan oil. Only China will do this, US$60 billion, in defiance of the evil American Empire.

TikTik - National security or daylight robbery

TikTok signs deal to sell US unit to American investor-led venture

The deal would end years of efforts to force the app's Chinese parent ByteDance to divest its US business over national security concerns.

WASHINGTON: TikTok's Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80 per cent of the company's US assets to American and global investors to avoid a US government ban, TikTok CEO Shou Zi Chew told employees on Thursday (Dec 18).

The deal is a major step toward resolving years of uncertainty about the short video app's future in the United States since August 2020, when then President Donald Trump first tried unsuccessfully to ban the app that is now used regularly by more than 170 million Americans....

The deal, set to close on Jan 22, would end years of efforts to force the app's Chinese parent ByteDance to divest its US business over national security concerns.

The US joint venture will be 50 per cent held by a consortium of new investors, including Oracle, Silver Lake and MGX with 15 per cent each, 30.1 per cent held by affiliates of certain existing investors of ByteDance, and 19.9 per cent will be retained by ByteDance, the memo said.  REUTER

We lie, we cheat, we steal and we kill. This is the way the American terrorists behave. Very responsible behaviour that all countries should learn and follow. Using an easily available app for small businesses, pleasure and fun is a national security threat to America, the number one Empire in the world. Is TikTok selling nuclear weapons or WMD, drugs, poison or any prohibited or banned stuff? How can anyone believe in this fabricated lie coming from the thugs and gangsters in Washington?

This is outright robbery, like pointing a gun at TikTok, to sell or else. This is a loser country, unable to create an equally useful and popular app and resorting to stealing. Yes, the Americans are stealing Chinese app, Chinese technology. When you cannot win, cannot make it, lie, cheat and steal it.

This is what is happening to TikTok and what is happening to a failing Empire that is running out of ideas. When are they going to ban DeepSeek? They have already banned all Chinese EVs in America, national security. When the American rogues have to resort to such low down tactics, it speaks a lot about where they are heading.

Trump suing BBC for a gold peanut

Nothing more revealing than White against white now. Trump is suing the BBC for US$10 billion over its lies about the January 6 event. The BBC thinks it can get away with just blatant lying and distortion of facts. The BBC had gotten away with murder against all others for decades. Yep, let them fight and expose all the dirty skeletons in the cupboard, hopefully.

This is like the National Kidney Foundation case, with T. T. Durai thinking that power and connections can silence those who exposed his excesses. He was to go up against an entity with much deeper pockets than he could threaten. Durai also lied about NKF's reserves of more than $260 million then, claiming that the NKF's coffer would not last for three more years without donations. Moreover, during the trial it was also disclosed that only 10 cents out of every dollar donated went to benefit patients, with the rest funding the excesses of the man at the top with gold plated taps in his office and first-class air travel. To add to all his miserable lies was the inflated patients list which was very much lower than reported.

Durai did not foresee that SPH has deeper pockets and connections to bring him down, unlike others that had to succumb to his threats and suffering consequences for exposing the truth. Durai was banking on support from Peanut Woman and her powerful backers but got thrown under the bus. Was that karma?

Now, we await the Trump versus BBC trial, but on hindsight might not happen if an out of court settlement should be the result. Trump will reap a massive windfall, while the world would still be swallowing BBC lies, misinformation and disinformation. How much was BBC paid by the USA propaganda machine is anybody's guess. In any case, it is just a family quarrel, folks.


Anonymous

Trump and NATO running in circles...for unending wars

Trump is still gloating that the peace deal between Russia and Ukraine is 'closer than ever before'. All we have been hearing from Trump about everything is 'close, closer and closest', yet nothing ever comes even 'close'. Tomorrow he may even say that the 'peace deal' has overshoot the timeframe and already a done deal when it is still hanging in the air.

The USA and NATO do not have any wish to end the war. They think that Russia will collapse just like the Soviet Union in the past if they carry on the show. The USA's economic situation today is not the same as in the past against the Soviet Union, when it was overwhelming the Soviets in economic power. NATO Europe's economic situation is also just as dire, desperately flogging a Ukraine dead horse, committing economic suicide by ditching cheap Russian energy and buying highly expensive energy from the USA and other sources. The irony is that the EU is still even buying Russian oil under the table, a situation so ironic that it really boggles the mind.

Wasn't the Russia/Ukraine war supposed to be able to be ended within 24 hours of Trump taking office. What happened? It is almost a year of boastful conning, and the parties involved are not even close to the finishing line. Of course not, when there are so many issues under disagreement, the concessions to be sorted out, the peacekeeping issue, the demands of both sides. Most telling of all, having Trump and NATO countries stirring the shithole and making the shit smell ever smellier is not going anywhere.


Anonymous

Desperate Empire of Lies turning to piracy and war, their primitive behaviours

When all else failed, Trump is resorting to piracy, using mafia tactics of extortion, trying to use the 'trojan horse' trick, raising port charges against Chinese ships and forming alliances here and there with allies, sycophants and cronies. The latest new stunt by the clowns in the circus is creating rare earth alliances to counter China. This is the last phase of a total collapse, a situation that many see as exceptionally rapid and unseen before when empires disappear.

Now, how many tricks have the Anglo-Saxo Whites tried to bring China down over the centuries, without being able to succeed. China still retained its five thousand years of civilization unchanged in structure, keeping its culture, language and heritage rock-solid and untarnished, without having to adopt the White's democratic immoral, decaying lifestyle and behavior.

Chinese people still enjoy a lifestyle that could be said to be as equitable or even better than the majority of USA citizens living in an 'oligarchy' masquerading as a so-called 'democracy' and being able to choose their leaders. Despite the fact that the Chinese have a lower per-capita income compared to the USA, higher per capita income does not translate into a better life for most USA citizens. Everything is multiple times more expensive in the USA than in China, and it makes little sense comparing per capital GDP. knowing that China has a population that is almost five times that of the USA.

Many other so-called sovereign states that have been ruled by the Whites before, have lost their identity, most being forced to adopt the White religion and mindset, arm-twisted to allow the USA to site bases in their country and buying USA weapons and now worshipping the Whites and still kissing their arsehole. Didn't Trump even boasted arrogantly that all countries will have to go to Washington to kiss his arsehole in the face of his tariffs?

Trump is now even forcing these USA crony states to foot a bigger bill for maintaining USA bases in their country to 'protect' them from an imaginary enemy. To make that more justifiable, the USA is hyping up the threat of Russia and China having expansionist ambitions.


Anonymous