Venezuelans are been robbed of there oil resources and they surely don't know it, don't see it or don't care, can you see this happening in any developed country, say USA or Canada, loan for oil at a loss, even a bond issue with a high yield is better than this sell out, problem that Chavez created is nobody trust anything about this country and their last resort is trading oil to china who needs it and getting way below market value for it, this announcement comes when oil is at a five month low, Chinese are shrew negotiators, Chavez have no choice or alternative for selling his heavy oil, needs money to spread around for coming election
e