How was Venezuela's Oil Industry Completely Destroyed?

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In this video, we dive deep into how Hugo Chávez and Nicolás Maduro dismantled Venezuela's once-thriving oil industry, leading to the country's economic collapse. Discover the impact of nationalization policies, mismanagement, and corruption that crippled PDVSA (Petróleos de Venezuela), once one of the world's largest oil companies. We'll explore how political decisions, combined with economic missteps, brought Venezuela from oil wealth to a devastating crisis.

Venezuelans have been moving to other countries, including the United States, countries in Europe, Mexico, Colombia, Peru, Chile and Brazil, as a result.

Key topics covered:

The rise and fall of PDVSA under Chávez and Maduro
How government policies destroyed Venezuela’s oil production
Corruption and mismanagement in Venezuela's oil sector
The impact on the Venezuelan economy and its people

Watch now to learn how Venezuela went from being an oil superpower to a nation in crisis!

#VenezuelaCrisis #LatinAmerica #economy #southamerica #venezuelanpresident
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Nationalisation of your natural ressources it is not liked by the global finance. I wonder why. ??

James_Holland