Monday, March 10 2014 @ 07:57 AM EDT
Contributed by: Don Winner
He estimates more than 90% of the $1 billion in debt would be fraudulent.
Meanwhile, President Nicolas Maduro said only "fair " debt would be paid, "without intermediaries."
Maduro again accused President Ricardo Martinelli of corruption, and predicted he will soon be a "fugitive from justice." (Prensa)
Editor's Comment: This is a classic case of a tin-horn dictator who has serious domestic problems at home, so he creates a foreign demon to fan the flames of nationalism. Panama and Martinelli supported the stance of the US and Canada at the OAS, in saying that the recently passed resolution didn't go far enough to reign in Maduro, or stop the killings of protesters in Venezuela. Of course that pissed Maduro off, so now he's responded by breaking off diplomatic relations, expelling Panama's Ambassador to Venezuela, and refusing to pay a $1 billion dollar debt. In reality this is all about the money, and Maduro trying to cling to power in Venezuela.