In an effort to form a unified front before the 2024 elections, Venezuela's opposition national parliament voted on Friday to 

 interim President Juan Guaido, disband his cabinet, and name a commission to oversee the nation's foreign assets.

When I say he was ousted by the opposition, I mean his own "side". 

Those that are fighting against the autocratic dictator Maduro. 

In 2019, Guaido invoked the constitution to take an interim presidency and won support from the United States and other governments. 

He was backed by those that viewed President Nicolas Maduro's 2018 re-election as fraudulent, and has since served as the public face of Venezuela's fractured opposition.

Guaido's interim government controls the overseas assets and is in charge of several embassies, despite being mostly without power inside Venezuela, where Maduro's regime controls practically all institutions, including the security forces.

Although Guaido's temporary administration was in charge of several embassies and some foreign assets, Maduro continued to maintain control over almost all of Venezuela's institutions, including its security forces.

In an effort to remove Guaido, the other three major parties, Justice First, Democratic Action, and A New Era, have been preparing a plan for weeks to establish a board of directors to oversee Venezuela's assets held abroad, particularly Citgo, a U.S.-based refiner and petroleum merchant.

No other country has more crude oil than Venezuela.

But the situation is so dire that even oil companies are suffering significant financial losses.

For defaulting bonds and firm nationalizations carried out under Hugo Chavez, Venezuela owes creditors more than $60 billion. Several people think it may 

My belief is that if you have the most debt and AT THE SAME TIME have the largest reserves of oil, your government leaders are stealing everything. 

The fact that Venezuela is severely behind on payments to oil service companies like Schlumberger, Halliburton, and others is one of the reasons why its problems have gotten worse, accelerating the ousting of Guaido. 

When a nation produces so much oil, it becomes unsustainable. Innovation, commerce, and economic growth are not required. 

The only thing that matter, the only motivation there is, is who controls the oil reserves.

Once you control them, money just gets printed out. 

It appears that Venezuela is currently experiencing this.

A country that focuses solely on selling natural resources, rather than investing in innovation, social wellbeing, and economic growth, can cripple itself in several ways:

Overall, it is important for countries to balance their reliance on natural resource exports with investment in other sectors and industries, in order to create a more stable and sustainable economy.

As a member of the opposition against Maduro in Venezuela, my first priority would be to try to unite the opposition under a single banner and work towards a common goal.

One way to do this would be to hold transparent meetings and discussions with other members of the opposition to identify our shared goals and strategies, and to come up with a plan of action that everyone can agree on. 

It would also be important to try to build support among the general public, by communicating our message and explaining why it is important to stand up against Maduro's regime. 

Another key aspect of uniting the opposition would be to work towards building a more cohesive and effective leadership structure. 

This could involve identifying key leaders within the opposition and working to empower them, as well as working to establish clear lines of communication and decision-making processes within the group. 

While doing this, it would be crucial to build bridges with other opposition groups and leaders. If the opposition against Maduro is fractured, how could it ever prevail?

Another important aspect of uniting the opposition would be to focus on building public support for our cause. 

This could involve reaching out to the general public through various channels, such as social media, to communicate our message and explain why it is important to stand up against Maduro's regime.

In terms of specific examples, one thing we could do to build public support would be to organize large-scale protests and demonstrations, in order to show the Maduro government that we have widespread support among the population. 

We could also work to build alliances with other organizations and groups, such as labor unions, student organizations, and community groups, in order to build a larger coalition of supporters.

Finally, it would be important to work to address the economic and social issues that have contributed to the current crisis in Venezuela. 

This could involve developing and advocating for specific policy proposals that address the root causes of the country's problems, such as corruption, mismanagement, and economic mismanagement.

If this is achieved, perhaps a coherent government could flip the economy. 

A good example could be some oil-rich countries in the Middle East, who created a booming economy with tourism, technology, trade and innovation with the funds from their oil reserves. 

Venezuela's Disaster: It's Own Oil Money

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