Venezuela, the country with the largest known oil reserves in the world, is bankrupt. It once was one of the richest nations on the continent, but now the people are starving, especially in the interior of the country. The economy collapsed in 2014, and now there are regular protests and riots because stores lack food and everyday items like toilet paper and detergent. Armed guards stand at the entryways of supermarkets, and the annual inflation rate of 42,000 percent is eating up people's incomes. The poor are starving, the weak and the sick are dying, youths are joining criminal gangs. Anyone who can afford to is leaving the country.
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