Venezuela, home to the world’s largest oil reserves, is a case study in the perils of petrostatehood. In 2017, Venezuelans lost an average of 24 pounds in body weight. 9 out of 10 live in poverty. Roughly 1 in 10 have fled the country.

Venezuela, home to the world’s largest oil reserves, is a case study in the perils of petrostatehood. In 2017, Venezuelans lost an average of 24 pounds in body weight. 9 out of 10 live in poverty. Roughly 1 in 10 have fled the country. https://t.co/zOJEvTP6yQ

— Council on Foreign Relations (@CFR_org) January 25, 2019