avatar

The Most Mismanaged Economy in the World

Economics Explained
Economics Explained
Episode • Aug 23, 2024 • 17m

Venezuela, a nation blessed with the largest oil reserves in the world, has shockingly transformed from potential powerhouse to economic disaster. In this video, we dive into the mismanagement that led to a collapse so severe that international agencies stopped tracking it. Explore how internal failures and external pressures pushed this once-promising country to the brink, and whether there's any chance left for a recovery.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Switch to the Fountain App