In this episode, we'll explore how the country with the largest oil reserves in the world managed to implode, plunging its citizens into extreme poverty.
We'll discover how a mixture of economic decisions, political ideologies, and external pressures contributed to the country's current situation.
- Rise and collapse of Venezuela
- Chavez's presidency and socialist policies
- Control over currency and economy
- The impact on inflation and poverty rates
- Maduro's presidency and worsening conditions
- Mass exodus and economic devastation
- Various viewpoints on causes of collapse
- Legacy of hope turned into despair
- Venezuelan citizens' anger and sadness
- Reflection on the future of Venezuela
Full interactive transcript, subtitles and key vocabulary available on the website: https://www.leonardoenglish.com/podcasts/venezuela-collapse
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