Venezuela Now A Question Of Who Will Tire Out First?

What has changed? It is no longer the same tense stalemate that characterized the political conflict that began last September. There is now an increasing probability for a sudden political transition, with PSUV removing beleaguered president Nicholas Maduro from power. In the meantime, in the daily face-off between an uprising of anti-PSUV Venezuelans against state security forces, it is now a matter of who tires out first: the opposition or the National Guard, which has seen its members bloodied and bruised, its armored vehicles hijacked and torched on a weekly if not daily basis. In a game of who tires out first, the momentum goes to the opposition, says Siobhan Morden, a managing director for Nomura and Wall Street's top Venezuela death watcher. More…