The Econoclasts

Venezuela and Trump’s ‘Putinisation’ of America


January 7, 2026

Description

In today’s Venezuela special, Yanis Varoufakis and Wolfgang Munchau expose the reality behind the abduction of Nicolás Maduro and the dawn of a ‘Donroe Doctrine’ that signals the end of international law. As the first days of 2026 unfold, could Trump’s gangster-style intervention actually be emboldening Putin and Xi, and are Greenland and Canada truly the next targets on the list? And in a ‘Putinised’ West where European leaders remain non-entities, is this merely a regime change in Caracas, or a strategic flooding of the zone designed to shatter the transatlantic alliance and usher in a new era of transactional warfare?


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