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RE: The Dutch Curse and VENEZUELA's Oil
Venezuela's problem was the socialist model implemented by Hugo Chávez and continued by Maduro.
They destroyed their economy and their oil industry. They went into debt and mismanaged it. They ended up destroying the oil industry and spent heavily on weapons.
They have the largest oil reserves in the world. Their governments were inept at exploiting them.
0.00041440 BEE
Yeah, with these types of leaders you really can't expect anything good in return while they are in position.