Well, if your economy is tanking, you need an external enemy to focus the anger of the population on. That’s why economies at war do so well. The people are willing to make sacrifices for victory, which might be greater than the sacrifices they would be unwilling to make for a tyrant. It has the potential to get interesting.
Doesn’t seem to work in North America.
Very good analysis, Wag the Dog works everywhere indeed. The only side issue is that Chavez is a Megalomaniac and doesn’t know when to stop, which will add to matters.
Announcement: “The Victory Chocolate ration is now 10 grams!”