The Most Mismanaged Economy in the World

Listen to this episode from Economics Explained on Spotify. 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