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Why Venezuela is no longer in freefall
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Back in 2019, The Indicator started checking in on with a Venezuelan economist Gabriela Saade. The economy was in freefall. The country was suffering from hyperinflation and a huge jump in poverty.
Today, the U.S. faces a spike in migrants at the U.S.-Mexico border, many from Venezuela. So we check back in with Gabriela. Venezuela is due to go to the polls in July. We ask Gabriela and two other Venezuelans: what are economic conditions like at the moment? How has life changed since the pandemic? Some of the answers surprised us.
Related episodes:
An Economist in Caracas: Day In The Life
A Bag of Bolívares: And Other Indicators From Venezuela
Coronavirus Comes to Venezuela
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