VENEZUELA Faces Total Collapse. 398% Inflation & Cash Crisis but USA Considers Lifting Sanctions.

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VENEZUELA is in a state of Total Chaos. The Economy has COLLAPSED with Inflation now at 389% and completely out of control. Venezuela has the LARGEST OIL RESERVES in the World but despite this its people are starving, there are shortages of GASOLINE and MEDICINE, it has DEFAULTED on its debt obligations and the currency has been DEVALUED 3 times which has led to DOLLARIZATION in the Economy. However there may be light at the end of the tunnel as the USA is debating LIFTING SANCTIONS if Venezuela operates a Fair & Equal Presidential Election in 2024. Is that likely? In this video I bring you the latest update and discuss what is likely to happen in Venezuela in the next 6 to 12 months.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
4:44 VENEZUELA
6:13 INFLATION
9:55 INTEREST RATES
12:21 CURRENCY
15:49 OIL RESERVES
16:42 OIL INDUSTRY
18:33 CITGO
21:44 SANCTIONS
25:12 SUMMARY & CONCLUSION