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The David McWilliams Podcast

After Maduro: Who Really Runs Venezuela Now? with Juan Tokatlian

The David McWilliams Podcast

David McWilliams

News & Politics

4.5692 Ratings

🗓️ 6 January 2026

⏱️ 44 minutes

🧾️ Download transcript

Summary

Broadcasting from the streets of Medellín, we dive into Latin America’s reaction to the stunning removal of Nicolás Maduro, and the strange new reality taking shape in Caracas. Is this regime change, an oil grab, or something far more experimental? We’re joined again by Latin America analyst Juan Gabriel Tokatlian, who argues this is the birth of something unprecedented: a U.S.-managed protectorate where Washington negotiates directly with whoever actually holds power,the military and the Chavista elite, while keeping a “second round” of force on the table. From China’s billions now stuck at the back of the queue, to the return of 17th-century-style capitalism where corporations and states move as one, we explore what Venezuelans, Colombians, and the wider region fear comes next. If Maduro is gone… who’s really in charge now — and for how long?

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Transcript

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0:00.0

Today's podcast is all coming from the street in Medellin in Colombia.

0:04.7

What is the word on the street in Latin America?

0:07.1

What are Latin Americans thinking about Venezuela?

0:09.0

What are they thinking about the United States?

0:10.6

What are they thinking about their position in the world after last Fridays?

0:17.9

Decapitation of the Venezuelan government.

0:20.5

Anis Juan Tocatlin, government, and this time last week, predicted all this stuff happening,

0:26.6

he's going to be on the line telling us what the lie of the land is

0:31.1

from the Latin American perspective.

0:33.4

That's all coming up in a couple of minutes.

0:36.8

To understand the economy, you have to understand human nature.

0:43.0

This podcast is powered by ACAST.

0:49.7

How you doing there?

0:51.0

It is time for the podcast, and we have a little gem coming up for you.

0:54.7

But before we kick off, this week on Friday, is the beginning of a new online monetary economic course,

1:04.3

courtesy of the Dave McWilliams podcast. It is the course that I give more or less in Trinity College.

1:11.0

It starts with money and it ends with money.

1:14.9

And it is the history of money.

1:16.5

It is the functionality of money.

1:18.2

It is how it operates.

1:19.5

It's monetary economics.

1:20.7

It's central banking.

...

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