Venezuela is months from the end game of total chaos or a coup

Venezuela oil figures are not clear but analysts believe oil production has fallen below 1 million barrels per day or will in November or December.The worst-case scenario is oil output falls to a couple of hundred thousand bpd in the months ahead and into 2019. Oil is 95% of its export revenues. Collapsing to that level will mean many core supporters will not be paid. It seems that if Maduro cannot pay off thousands of key generals and military officers then he will finally lose control. More…