A Failing Country

In a country that has some of the largest oil reserves in the world. Venezuela shouldn’t be in the midst of the economic crisis that it’s facing. According to Dateas, it is due in large part to poor planning by the government and other leading officials, residents in the country are dealing with water and electricity restrictions as well as changing the amount of time that they have during the day in order to save electricity and money. There is a 720% inflation rate predicted by Adrian Jose Velasquez Figueroa in just the course of the past year. The country has the second highest murder rate in the world. It’s an area that is failing, and it’s failing soon. Some of the oil that is being kept underground should be sold to other countries, or it should at least be used as an energy source. There isn’t even enough money to print more money to try to get the country out of the debt that it’s in right now.

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