In this episode, Ross Hill and Dr Treston Wheat examine the US operation against Nicolás Maduro and what it reveals about contemporary American strategy in the Western Hemisphere. The discussion focuses on how long-running strategic signals, including shifts in US national security doctrine, hemispheric security priorities, and the designation of narco-terrorism, shaped an intervention that stopped short of full regime change.
The episode explores why this operation aligns with the Trump administration’s preference for rapid, decisive action without occupation, drawing comparisons to historical precedents such as Panama in 1989. Ross and Treston assess the geopolitical drivers behind the move, particularly the desire to constrain Chinese and Russian influence and deny access to critical resources, rather than humanitarian or democratisation objectives.
Finally, the conversation turns to implications for business and markets. The episode unpacks the realities of Venezuelan oil production, infrastructure decay, and long-term investment risk, alongside the likelihood of continued US pressure through counter-narcotics operations. The key takeaway is strategic rather than tactical: corporate risk increasingly sits downstream of geopolitical bargaining, not domestic reform.
Music for this episode is by @barleysentient on Suno