Anyone following the 2024 presidential election has undoubtedly heard about the political establishment’s latest villain, Project 2025. This policy agenda — technically named the 2025 Presidential Transition Project — was produced by a group of conservative policy analysts, most of whom are associated with the Heritage Foundation.

US sanctions against Venezuela are barbaric and immoral. But, they are not responsible for the economic collapse that has transpired in Venezuela over the past twenty years. Yes, the sanctions have further reduced the standard of living in Venezuela, and the burden of relative impoverishment caused by the sanctions has fallen hardest on those at the lowest end of the socio-economic ladder.

However, the effects of these US-imposed sanctions have not been nearly broad enough to be responsible for the general collapse of economic conditions that we now see in that country.

We can all probably agree that this has been one of the strangest Julys in memory. From the attempt on Trump’s Life to the Republican National Convention to the bizarre “coup” against Biden in the Democratic Party. With all this, it’s easy to forget some truly momentous events that happened this month.