President Chavez: "We are in an Economic War" http://www.chavezcode.com/2010/06/we-are-in-economic-war.html

Eagleburger, also Advisor to President George W. Bush at that time, went on to state that “Anything we can do to make their economy more difficult for them at this moment is a good thing, but let’s do it in ways that do not get us into direct conflict with Venezuela if we can get away with it”.SABOTAGE Shortly after Eagleburger’s statements, Venezuela’s economy plummeted. But the Chavez government’s swift nationalization of several industries and companies, along with firm legal action taken against those businesses hoarding products and illegally raising prices, saved the country from recession.

The year 2007 in Venezuela was incredibly difficult, even toilet paper was hard to find, along with basic food staples like sugar, milk, flour and coffee. But it wasn’t because these products were lacking in the country. Discoveries were made of tons of products, hidden from consumers in warehouses belonging to national and transnational corporations in the country. Other products were illegally transported across the border into Colombia and Panama for resale at higher prices.

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