Hugo is Out of His Mind

In a bid to prove he’s still utterly insane, the Venezuelan president recently claimed “not even a hair has been touched” by the recession. Which is funny, considering oil prices have collapsed.

Ninety-three percent of Venezuela’s export revenue comes from crude oil.
You may recall that in one issue of TMC, I told you that the price of oil was being manipulated by the Saudis in response to nudging by the U.S. in order to keep both Russia and Iran broke–to keep Iran from becoming the dominant Middle East power. Well, big Hugo is an incidental victim of the Saudi/US action, or is he?