Under the crippling weight of massive currency inflation, food shortages, power outages, increasing disease prevalence, a fall in oil prices, drought and political mismanagement – Venezuela has essentially become a failed state.
What did the late President Hugo Chávez and the United Socialist Party of Venezuela do to lead the country down this path? What has new President Nicolás Maduro done as he’s ruled the country by decree? Why aren't you hearing more about the origin of these economic problems and what does this mean for neighboring countries?
There Will Be No Economic Recovery. Prepare Yourself Accordingly.
Sources
http://www.reuters.com/article/us-venezuela-usa-idUSKCN0Y42MT
http://www.cnn.com/2016/05/15/americas/venezuela-slide-into-crisis/
http://www.theatlantic.com/international/archive/2016/05/venezuela-is-falling-apart/481755/
http://www.foxnews.com/world/2016/05/15/us-officials-concerned-about-possible-coup-in-venezuela.html
http://www.forbes.com/sites/ellenrwald/2016/05/16/the-radical-option-to-save-venezuela/#9975a8c113a9
http://hotair.com/archives/2016/05/15/socialist-paradise-venezuela-isnt-doing-so-well/
http://www.zerohedge.com/news/2016-04-27/end-venezuela-runs-out-money-print-new-money
https://panampost.com/sabrina-martin/2016/05/11/venezuela-looting-wounded-5000-supermarket/
http://reason.com/blog/2016/05/16/venezuela-spends-dumb-things-collapse
http://www.marketoracle.co.uk/Article40798.html
http://www.unbiasedamerica.com/media/capitalism-vs-socialism-chile-vs-venezuela
http://reason.com/archives/2016/05/17/venezuela-the-victim-of-decades-of-losse
http://www.ft.com/cms/s/0/97dce28e-7b18-11e4-87d4-00144feabdc0.html#axzz491q4Be9A
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