On This Day - What happened on this day in Venezuela

According to the International Policy Digest, "the Bolivarian revolution is a failure not because its ideals were unachievable but because its leaders were as corrupt as those they decry", with the Bolivarian government relying on oil for its economy, essentially suffering from Dutch disease. As of 2016, Bolivarian Venezuela suffered from hyperinflation and a dramatic loss of jobs and income and a soaring murder rate.

According to the International Policy Digest, "the Bolivarian revolution is a failure not because its ideals were unachievable but because its leaders were as corrupt as those they decry", with the Bolivarian government relying on oil for its economy, essentially suffering from Dutch disease. As of 2016, Bolivarian Venezuela suffered from hyperinflation and a dramatic loss of jobs and income and a soaring murder rate.