How Venezuela's Socialist Dream Collapsed into Nightmare

How Venezuela's Socialist Dream Collapsed into Nightmare
AP Photo/Ariana Cubillos

Venezuela is in the midst of a stunning social, political, and economic collapse. The country of 30 million people is facing dire food and medicine shortages, frequent power outages, serious political unrest, the world's highest inflation rate, rampant violent crime, and one of the world's highest murder rates. Earlier this month, Venezuela's president, Nicolás Maduro, declared a state of emergency.

In short, Venezuela has become the world's most visibly failing state.

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