The poorest rich country in the world

Venezuela has been crippled by poverty, starvation, five-figure inflation, and on Sunday, an election that many countries didn’t recognize as legit. Bloomberg’s Patricia Laya shares reactions to Nicolás Maduro’s new term from her base in Caracas before NYU’s Alejandro Velasco explains how having the most oil in the world got Venezuela into all this trouble. Learn more about your ad choices. Visit podcastchoices.com/adchoices