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25min chapter
How to Destroy a Country: Venezuela with Noah Smith
The David McWilliams Podcast
Venezuela's Economic Collapse: Lessons in Mismanagement
This chapter delves into the complex interactions between monetary policy and societal structures, using Venezuela's economic turmoil as a central example. It discusses the adverse effects of nationalization and price controls under Hugo Chavez and Nicolás Maduro, highlighting the humanitarian crisis that ensued. The narrative also connects historical parallels and explores the broader geopolitical implications of Venezuela's situation, contrasting it with emerging leadership styles in neighboring Latin American countries.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode