LatamPolitik: What to Make of Venezuela?

What to Make of Venezuela?

It’s difficult to pinpoint exactly when Venezuela went off the deep end. The easy answer, of course, is Dec. 6th, 1998, the day Hugo Chávez was elected president for the first time, after earning 56 percent of the vote. Chávez’s election coincided with a precipitous decline in global oil prices, reaching levels not seen since b…

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