People wait in line outside of a grocery store in Caracas. Photographer: Meridith Kohut/Bloomberg
People wait in line outside of a grocery store in Caracas. Photographer: Meridith Kohut/Bloomberg


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Every week, hosts Tori Stilwell, Dan Moss and Aki Ito bring you a jargon-free dive into the stories that drive the global economy.

Venezuela, home to the world’s biggest oil reserves, is in the throes of economic crisis. With inflation projected at nearly 300 percent this year, how do Venezuelans live amid six-hour lines for groceries, crumbling hospitals and growing violence? Nathan Crooks, Bloomberg’s Caracas bureau chief, walks Aki and guest co-host Catarina Saraiva through his daily life, how things got so bad and what’s next for the troubled country.

 

 

SoundCloud: 41: Venezuela Is at a Breaking Point by Bloomberg

 

 

 

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