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VENEZUELA Faces Total Collapse. Largest Oil Reserves but 436% Inflation, Debt Default, Cash Crisis

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VENEZUELA is in a state of Total Chaos. The Economy has COLLAPSED with Inflation now at 436% and completely out of control. Venezuela has the LARGEST OIL RESERVES in the World but despite this its people are starving, there are shortages of GASOLINE and MEDICINE, it has DEFAULTED on its debt obligations and the currency has been DEVALUED 3 times which has led to DOLLARIZATION in the Economy. In this video I bring you the full story and discuss what is likely to happen in Venezuela in the next 3 to 6 months.

For specific details please check out the CHAPTER list below.

Thanks for watching and please LIKE and SUBSCRIBE.

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Chapters:
0:00 Intro
1:55 VENEZUELA
3:24 INFLATION
6;52 CURRENCY
10:23 OIL PRICES
13:07 OIL RESERVES
14:00 OIL INDUSTRY
15:51 POLITICS
21:01 SUMMARY & CONCLUSION

#venezuela
#maduro
#chávez
#collapse
#dollarization
#china
#russia
#dutchdisease
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