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The Fall of Caracas: Lamenting the Dying Venezuelan Capital

What happened to Venezuela, which was once rich with a vast wealth of oil but is now poverty-stricken while the citizens just try to get by every single day?

A generation ago, Venezuela’s capital was one of Latin America’s most thriving, glamorous cities; an oil-fuelled, tree-lined cauldron of culture that guidebooks hailed as a mecca for foodies, night owls and art fans.
In 1998, as the setting for his election celebrations, Chávez chose the balcony of the Teresa Carreño, a spectacular, brutalist style cultural centre. “Venezuela is reborn,” Chávez declared.
Twenty years after that upbeat address, an economic cataclysm experts blame on ill-conceived socialist policies, staggering corruption and the post-2014 slump in oil prices has given Caracas the air of a sinking ship.

Read more on The Guardian.

(Image credit: Wikimedia Commons)

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I was living in Venezuela in 1997-1998, right in the midst of when Chavez came into power. Caracas back then was an absolutely horrible, incredibly dangerous city. I can't even imagine what it's like now. I've been lucky enough to travel quite extensively and Caracas is legitimately the only city where I felt spooked just being out and about in it.

The Guardian article makes it sound like it was a lovely haven before Chavez got it. It stopped being one many, many, many years prior. Chavez turned the entire country into a disaster, let alone having Caracas decline even further.

All pretty gross and unfortunate. Venezuela has tonnes of beautiful places to see and the people are great.
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