The Murder of Venzuela

The Murder of Venzuela

Venezuela was a fairly industrialized country in many areas of production, with a very powerful oil company which had refineries, advanced research, investments in foreign lands. We had a very good network of roads and excellent hydroelectric plants with a production sufficient for the country and able to provide electricity to Colombia and Brazil. In addition, Venezuela had a very decent agriculture as well as advanced business skills, good universities, good and free public health and educational systems, a republican government with free elections, and in 1998 we were in our way to getting rid of the external debt. What happened, then? Why has the country suddenly collapsed?

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