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Are Claims the US is Sabotaging Venezuela’s Economy Far Fetched?

As US-backed opposition groups take to the streets of Venezuela, following previously failed US-backed uprisings to effect regime change in the South American nation, Western analysts are particularly optimistic about the chances of success now considering the teetering state of Venezuela’s economy.
The UK Independent in an article titled, “Venezuela accuses US of plotting coup as Washington warns of ‘imminent collapse’,” would state:

The relationship between the US and Venezuela has for many years been nothing less than toxic. 

In 2002, then President Hugo Chavez was briefly ousted in a coup by opponents supported by the US. Washington continued to funnel hundreds of thousands of dollars to his critics, while Mr Chavez took to the podium of the UN to accuse George W Bush of being the devil. 

Now, President President Nicolas Maduro has extended a state of emergency in the country for another 60 days and accused Washington of plotting against him, as US intelligence has claimed the country is heading for meltdown.

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