Venezuela Didn’t Need High Oil Prices to Prosper before Chavismo | Mises Wire

The images of Venezuela’s economic collapse — long lines, shortages, and street protests — have quickly become a cliché of our increasingly connected internet experience. Even more played out are the simplistic arguments of why Venezuela is in ruins.
— Read on mises.org/wire/venezuela-didnt-need-high-oil-prices-prosper-chavismo

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