China: Real Reason for US Venezuela Clash?
Posted on March 27th, 2019

Guest: F. William Engdahl

Discussion of the crisis and geopolitical stakes in Venezuela; evaluation of Venezuelan heavy oil reserves in its Orinoco Belt (now the Chavez Belt) and the far superior grade oil in the vast oil reserves of the Guyana Esequiba region; China’s Belt and Road Initiative in South America and the Panama Canal; Bolton cites the Monroe Doctrine; presidency of Nicolas Maduro; Venezuelan state oil company, PDVSA; global oil prices; Venezuelan debt; Coltan deposits; long-term strategy of China’s Belt and Road Initiative; China adopts Western debt-collapse model; Chinese banking system and real estate market; the flawed globalization model.


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