So long as Venezuela's economy deteriorates, more military are expected to join forces with Juan Guaido.
An anti-government protester walks near a bus that was set on fire by opponents of Venezuela's President Nicolas Maduro during clashes between rebel soldiers and"Coletivos" in Caracas, Venezuela, Tuesday, April 30, 2019. The day started off in Caracas with thousands marching in the streets, spurred on yet again by opposition leader Juan Guaido, to convince more members of the National Guard to ditch president Nicolas Maduro.
Self-proclaimed president Juan Guaido gestures next to soldiers outside La Carlota air base in Caracas on April 30, 2019. Some rank and file members of the Venezuelan military have deserted Maduro after watching family and friends struggling from the economic disaster there. For some time now, Wall Street bondlords have given up on the Venezuela story.
Tuesday's protest was centered in Caracas and was designed to show Guaido surrounded by defected National Guardsmen who now constitute a small, anti-Maduro rebel force. A group of National Guard members supporting Guaido gathers near the La Carlota base in Caracas today. As Venezuela's economy deteriorates further, the numbers of defections will rise. Photographer: Carlos Becerra/BloombergLopez's release from house arrest today could paint Guiado as even more of a reckless politician, on the same side of a prisoner many in PSUV see as an enemy of the state.
U.S. military action is still considered unlikely. But that would change in an instant if something were to happen to Guaido.
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