The problem in venezuela is having professional military, but secondarily- economy suffering under sanctions can be given a lifeboat or taking advantage from, china (consistently) does the latter (oooh, your oil is sanctioned, you have to sell at discount to us or to no one), and with rmb you get, will happily trade with you, but not like we will finance, say, your solarification or happily take your workers to send money home ( yeah i know they have problem with unemployment, but that’s also result of neoliberal brainrot). They do it on the edges, like with solar energy in cuba and africa, but that’s peanuts to what they could muscle if they put their mind to it
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Now, obv, but that was the situation for 7 years, i mean, we can see same behavior both in iran and syria, where most obvious concerns can be acted on or be let to fester. Like, whether recent crash in iran was externally caused or not, what is exactly stopping china from giving them currency swap deal, now, today? They can easily deflate their currency under some capital control conditions inside iran, it’s easily done, if you have desire to. Syria is even more preposterous, they could have subsisted on one billion dollar per year plus development deals, instead they got got with 10 million and 10k soldiers
At some point, most naive calculus says it’s cheaper to support iran and get -2 carrier groups in your vicinity in case of war, instead of getting them all