http://www.strategypage.com/qnd/pothot/articles/20180801.aspx
August 1, 2018: Government control in Venezuelan is collapsing along with the economy and much else. This will apparently not lead to another regional war, but it is a huge and disruptive mess for Venezuela and neighboring countries. What is replacing government in Venezuela is a military dictatorship commanded by a small group of socialist politicians who have managed to maintain control over the major assets (oil production) while the rest if the economy collapses. Even with oil production increased there would still be a problem with the fact that the socialist government has destroyed the economy and President Nicolas Maduro refuses to admit that his polices caused the mess.
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Legacy
Since Hugo Chavez gained power in 1999 Venezuela, once the wealthiest country in the region has become one of the poorest. Less than twenty percent of the population are able to obtain adequate food and other commodities. This “fortunate fifth” of the population consists largely of government loyalists or outlaws. The “fortunate fifth” could easily be two-fifths of Venezuelans were it not for the massive corruption. Several families of senior leaders (especially Maduro and his mentor Chavez) have stolen billions of dollars in state funds.
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