Venezuela’s oil, rare earths and uranium are among the best in the world, but why is Venezuela poorer than India?

Because Venezuela is too far away from God and too close to the United States. Domestic interest groups are basically allies of the United States, and the United States has a profound influence on the Venezuelan economy.

During the process of Venezuela’s domestic industrialization, the United States was deeply involved. Later, during the nationalization movement, the United States began to impose restrictions and sanctions, resulting in Venezuela’s industrial output, especially oil output, declining. The price of crude oil has fallen, and Venezuela’s domestic economy has basically collapsed. It is difficult to recover. It requires a large amount of external capital injection and replacement of equipment, but the United States will not allow it.

Now the United States continues to guide the elites in Venezuela to form an anti-government and announce the successor to the president. It hopes to use the minimum cost to evolve, launch a small-scale military coup to achieve regime change, and support the pro-US government.