Jayden Young
Venezuela is in a crisis. This oil-rich nation, after booming in the 2000's, had enough wealth to pay for social programs and education. The poverty rate was cut by half. Even the United States was Venezuela's largest customer.
Now, Venezuela is the country in crisis. Oil prices have fallen, which led to empty market shelves. Hyperinflation made money worthless, and shortages of medical supplies has made the infant mortality rate rise to more than Syria's.
Now, with a power struggle between political factions, the country is at risk of being plunged into social chaos and eventual economic collapse.
How It Started
Venezuela first started having problems with president Hugo Chavez. Chavez declared an "economic war" due to the increasing shortages in the country. Tensions rose under the rule of Nicolas Maduro, with oil prices dropping rapidly, along with a rapid reduction in oil production.
The Venezuelan government simply refused to cut national spending because they denied the existence of theses issues. That led to the economic collapse that we've been hearing about since 2017.
Venezuela's Ultimate Collapse
Eventually, Venezuela will collapse. Their entire country will not be able to support themselves anymore, and this beautiful South American country will cease to exist.
Many countries, including the United States, have tried to help Venezuela improve their economy, but Maduro refuses to accept their help. He keeps saying that his country can stand on it's own, and doesn't need the assistance of others. Obviously, the country DOES need help from others because they denied the existence of any issues and now their entire country is broken.
If every country did this, soon the entire world would collapse. The United States is close to pushing all of our Allies away, simply because of the behavior of president Donald Trump. We have no trade deal with China, and we still have not made a deal with North Korean leader Kim Jong Un on denuclearization.
Conclusion
Venezuela is in a major crisis. Nicolas Maduro needs to at least acknowledge the countries issues and try to address them properly. This affects other countries and people, not just the country of Venezuela and it's people. Without the trade goods being able to cross the border, many Venezuelans will be without medical supplies, in poverty, and in starvation & dehydration.
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