How Venezuela went from South America's richest to poorest economy despite massive oil reserves Decades of nationalization, socialism, crony hiring and money printing turned Venezuela’s oil sector into a hollow shell, shrinking output, crushing incomes and forcing a historic exodus. Orignial Source: https://www.foxbusiness.com/fox-news-world/how-venezuela-went-from-south-americas-richest-poorest-economy-despite-massive-oil-reserves Previous article: 'Happy Trump' pins available, among other collectibles, after president dons new accessory Prev Next article: Trump officials push for cheaper cars through regulatory rollbacks during Midwest tour Next
