How Chavez Rubbished Venezuela's Riches

How Chavez Rubbished Venezuela's Riches

Chavez isn’t around anymore, but this is clearly his crisis. He took a country that was muddling along, and put it on course to become a basket case. There are worse kinds of rulers than that -- those who massacre their own people or lead their nations into hopeless wars. But in terms of basic macroeconomic management Hugo Chavez has to go down as one of the most disastrous leaders the world has seen quite in a while.

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