María Corina Machado, the far-right Venezuelan coup leader who won the Nobel Peace Prize, vowed "massive privatization", offering to sell off $1.7 trillion of her nation's resources to US corporations
She’s not selling 1.7tn of Venezuela’s assets. She’s saying she will open a 1.7tn market (ie a market with a total revenue of 1.7tn) for foreign investment.
It doesn’t make it better, necessarily, but it does make a difference.
Perhaps some, agreed. Perhaps even all. But the 1.7tn she refers to is the market size, which is not the same as the value of what could potentially be sold.
She’s not selling 1.7tn of Venezuela’s assets. She’s saying she will open a 1.7tn market (ie a market with a total revenue of 1.7tn) for foreign investment.
It doesn’t make it better, necessarily, but it does make a difference.
She is saying the first by saying the second. Privatizing and selling off the country.
Perhaps some, agreed. Perhaps even all. But the 1.7tn she refers to is the market size, which is not the same as the value of what could potentially be sold.