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Charting Venezuela's Collapse: From Riches To Ruin In Ten Years Of Socialism

Tyler Durden's Photo
by Tyler Durden
Authored...

The year has certainly got off to a remarkable start, with events in Venezuela commanding global attention.

To commemorate the "extraction" of the Venezuela president, Deutsche Bank's Jim Reid published a short chart pack (available here for pro subscribers) that examines the long-term decline of the Venezuelan economy, with a particular focus on the sharp deterioration since the early 2010s, around the time of peak democratic socialism.