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How did the country with the largest oil reserves in the world go bankrupt? 🛢️💸 In this geopolitical case study, we analyze the rise and fall of Venezuela. Once the wealthiest nation in South America, Venezuela is now synonymous with hyperinflation, poverty, and mass migration. We break down the economic phenomenon known as "Dutch Disease" and how relying on a single commodity turned a blessing into a curse. We cover: The Golden Era: When Venezuela was the envy of Latin America. The "Dutch Disease" Explained: Why high oil prices killed local agriculture and manufacturing. The Mismanagement: How nationalizing the oil industry (PDVSA) led to a brain drain and corruption. The Collapse: The role of US sanctions vs. internal policy failures. This is a masterclass on why "Resources" do not equal "Wealth." 👇 Discussion: Do you think natural resources are a blessing or a curse for developing nations? Let me know your thoughts in the comments! #Venezuela #OilCrisis #Geopolitics #Economics #ThinkSchool #DutchDisease #Hyperinflation #Maduro #Chavez #PDVSA #CaseStudy #Petrostate #america #trump #ai #2026 #youtube