I am so sorry to hear what is happening in Venezuela. You mentioned the abundance of hydrocarbon resources. The population is educated, as well. So how did this happen? The culprit can only be government. Bad decisions have impoverished a rich nation. Finger pointing and blame game are now in full swing. This of course helps no one. I hope the people of Venezuela can get a fresh start and work their way out of this mess. Good luck to you all.
Also lets not forget outside influence and intervention, sometimes for the good and many other times for the bad.
Posted using Partiko iOS
When I mentioned bad governmental decisions, it encompasses all of that. Failing to get along with your neighbors and fomenting conflicts you can't win is an example of bad governmental decisions that the populace is stuck with when the bill shows up.
If this is the case, then the Venezuelan Gov. is basically screwed... Chilean President Salvador Allende is but one example of outside intervention in Latin America which was totally out of that country’s control or decision...
Posted using Partiko iOS
That would be one example of when the idea that people create their own hell was not completely true. You can always find an exception to the rule. Pointing to the outlier does not negate the trend