Venezuela was once praised for having a prodigious democracy but, what went wrong? How did civilian protests lead to a war on the streets of Venezuela? Many Americans are clueless as to what is happening outside of their nation. Today, I intend to address some disquieting issues in our present-day world.
Venezuela was once known as the richest country. It has the largest oil reserves in the world. But today, the country’s democratic institutions and economy is in shambles. The country has the highest inflation rate in the world, which makes goods and services almost impossible to obtain for most Venezuelans. Over the last four years, Venezuela’s GDP has decreased 35%, which is a more poignant drop than the Great Depression in the United States.