Last month, when the Venezuelan opposition leader, Juan Guaidó, was briefly detained by Maduro’s intelligence agents less than 48 hours after proclaiming himself the new interim President of the country, many saw on that a
There are two Venezuelas: the Venezuela of yesterday, prosperous and thriving, and the Venezuela of today: poor, corrupt and in the dark.
In almost every article about Venezuela, we're told that the economy collapsed because the oil price did.
Here is the price of crude oil adjusted for inflation.
Today, the price is almost three times higher than when Chavez took power.
And another chart for those who think US sanctions destroyed Venezuela.
Before recent sanctions on oil, it was mostly just on individuals close to Maduro.
by Johan Norberg
Constitutional president Juan Guaidó claims Venezuela is not socialist because there's no social justice, while economic indicators show it's the most equal country: equally empoverished.