The U.S. and its allies have decided to throw their weight behind yet another coup attempt in Venezuela. As usual, they claim that their objectives are democracy and freedom. Nothing could be farther from the truth.
It has been said that any nation is 3 meals away from a revolution — sharp economic downturns and civil unrest go hand in hand — however the social fabric of western civilization was already fraying long before living conditions began to deteriorate. The onset of real physical hardship would strike like a match on gasoline.
Though Trump’s legal difficulties, erratic behavior, and trade war with China served as catalysts (and dominated media narratives), ultimately it would be the tightening of monetary and credit policy by central banks around the world which deflated the largest asset bubble in history, setting the stage for the economic collapse which followed.