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War and Foreign PolicyInterventionismPolitical Theory
Corporate WelfareThe Police State
By the 1970s, the Venezuelan economy was in deep trouble. The half-hearted reforms that followed, paved the way for the rise of Hugo Chávez.
Global EconomyPrivate Property
Global EconomyPolitical Theory
With gold reserves shrinking, and a collapsing currency, it is only a matter of time until Venezuela defaults on its foreign debt