An enormous crisis is brewing just a few hundred miles south of Miami: Venezuela, a nation of more than 30 million people, with the largest oil reserves in the world, is on the brink of collapse and civil war. The implications for the Americas are profound and dangerous. What should the U.S. be doing while Caracas sinks into anarchy?
This is a potential disaster for the region because of the possibility of massive numbers of refugees (both at sea and especially to neighboring Colombia, which is just emerging from its own insurgency). It could constitute a drain on resources for other nations (including the U.S.), which would be forced to help a displaced and at-risk population. The havoc could also open up opportunities for drug smugglers.