Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: patron_anejo_por_favor who wrote (50534)	5/4/2006 9:17:57 AM
From: Think4Yourself	Read Replies (1) of 116555

re: "Chavez has proven he's too myopically socialistic to attract capital to risk investing in projects like the tar sands in his country. What's to keep him from nationalizing it the minute it turns a profit?" Exactly! Chavez has double crossed the oil companies enough for them not to trust him anymore. XOM has essentially pulled out of Venezuela.

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