What are the reasons, apart from oil, for Venezuela's economy?

Hello Richard, I'm a huge fan! I was recently watching your interview on Fox Business where you were talking about Venezuela. I must say I thought the interviewers were extremely rude and you did a great job handling them. If it wasn't too much time, may I ask you why the Venezuelan government has collapsed in addition to plummeting oil prices? I'm very curious what your answer would have been if you were only allowed to finish. https://www.youtube.com/watch?v=LqSsDCXqNO4

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Michael Cameron published this page in Ask Prof. Wolff 2020-10-20 05:57:28 -0400