This chapter explores Venezuela's dramatic economic decline despite its natural resource wealth, highlighting the 80% drop in GDP over a decade due to mismanagement. It examines the complex internal and external factors behind this crisis and questions the possibilities for recovery amidst ongoing instability.
Venezuela, a nation blessed with the largest oil reserves in the world, has shockingly transformed from potential powerhouse to economic disaster. In this video, we dive into the mismanagement that led to a collapse so severe that international agencies stopped tracking it. Explore how internal failures and external pressures pushed this once-promising country to the brink, and whether there's any chance left for a recovery.
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