Contextualizing Venezuela

July 30, 2024 0 By Michel Santi

In 1989, Venezuela had the same GDP per capita as South Korea. Today, it is 8 times lower.

 

 

We used to serve Caracas with the Concorde. This immense country had a great future: oil, tourism, agriculture…

 

In 1980, the USA had the same GDP per capita as France. Today, it is twice as high.

 

 

Numbers mean nothing without geopolitical context!

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