Category Archives: Central & South America

House hearing on Venezuela’s collapse March 2017

“The economy of Venezuela is largely based on the petroleum sector and manufacturing. Revenue from petroleum exports accounts for more than 50% of the country’s GDP and roughly 95% of total exports” (wiki). [ This is a summary of the … Continue reading

Posted in Central & South America, Energy Dependence, Mass migrations | Tagged , , , | 4 Comments

Venezuela collapse: looting, hunger, blackouts

[ Venezuela is experiencing a double whammy of drought and low oil prices, which has lead to blackouts and inability to import food.  It just keeps getting worse and worse.  Related posts: Book review of “In order to live: A … Continue reading

Posted in Central & South America, Social Disorder | Tagged , | 1 Comment