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The collapse of Venezuela, explained

  • 🎬 Video
  • ℹ️ Description
Venezuela is in chaos. How did we get here?

Correction at 1:58: The Supreme Court tried to strip the country’s National Assembly of its powers in March 2017 and not 2016. We regret the error.


Venezuela was once the richest country in Latin America. It has the largest known oil reserves in the world and its democratic government was once praised world wide.

But today, Venezuela’s democratic institutions and its economy are in shambles.The country has the highest inflation in the world, making food and medicine inaccessible to most Venezuelans.

Over the last four years, its GDP has fallen 35%, which is a sharper drop than the one seen during the Great Depression in the US. The country’s murder rate has surpassed that of the most dangerous cities in the world.

These conditions have sparked months of protests against the president, Nicolas Maduro. And it’s easy to see why: the country has become measurably worse since his election in 2013.


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💬 Comments on the video
Author

A Venezuelan here, the situation has become worst and most of the young people just want to leave the country, included myself

Author — luis torres

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Theres something seriously wrong if the currency has less value than V-Bucks

Author — Matthew

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I've literally never seen Lele Pons discuss or raise awareness on this issue.

Author — Tarvin Gill

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I’m Venezuelan in Canada and this is basically why I moved, my whole life has changed due to one man’s need to stay in power. Not only my life but 30 million people’s lives as well

Author — Diego Salazar

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You have to admire the Venezuelan people for their ability to suffer such, hardships, injustices and obvious corruption because they still believe in democracy. In most counties it would resulted in a civil war. So respect the Venezuelans. They need help but have not lost their principles.

Author — Iguazu65

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I'm looking forward to a Venezuelan revolution: OverSimplified video

Author — Yash Chaudhari

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I left the country when i was seven. I remember going to one if my moms friends party's who had also left the country and she said (in Spanish)"Just give it three years and it will all get better and we can go back." Its been almost five years and its only gotten worse..

Author — Barack H. Obama II

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This channel is so informative and costs 0 dollars

Author — User

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You know your country is in trouble when Runescape gold is worth more than your currency.

Author — Diego Ramirez

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I have a friend who was born in Venezuela, he oftenly talks about the situation in Venezuela whenever we have a little talk but im just glad he lives in my country now

Author — Kro

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The situation in Venezuela breaks my heart.

Author — Bill Sera

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This is so scary and so sad. My heart goes out to those poor citizens.

Author — Garett Wolff

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I remember when i was 4 i thought why do poor people exist, just print money for everyone

Author — Johnson

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I heard oil and emediately knew america had to have done something- why do I learn history from memes

Author — Muffinz ovo

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Venezuela : Highest inflation in the world
Zimbabwe : what!! ... here we come

Author — Afro Millenials

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i live in Venezuela and am in the second largest city, maracaibo. 30 years old. there is literally anyone my age anymore, from a group of 30 friends. Only 5 remain. Venezuelas future left the country.

Author — jose angelucci

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Un abrazo a mis hermanos venezolanos, desde Costa Rica
Les deseo lo mejor
Latinoamérica está con ustedes <3

Author — Arán Rojas Salas

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Everyone who’s not from Venezuela and still send us love. As Venezuelan I would love to thank you for praying for us and thank you for actually knowing what is going on in my country

Author — Roberto Teran

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I hope all get well, meus hermanos!
I would even say that you can come to Brazil until things stabilize there, but no... don't come to Brazil. Here things get worse every day...

Author — Lylíca

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The vigorous craftsman likely admit because poet identically rejoice aside a fantastic sky. faithful, kindly leopard

Author — D Milly