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by stun 3197 days ago
The disastrous policies. Could you name them?. Before he died, as afar as i know, Venezuela was getting on just fine. Whats disastrous is Maduro much like the one running the US. Both stupid
1 comments

It's frequently pointed out Chávez didn't invest as much in modernizing PDVSA and production eventually fell. As oil prices crashed, the reduced production became a problem as it can't be expanded quickly enough without substantial investments.

But this is what I heard from an analyst and we must consider some information loss because this is far from my core expertise.