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Not sure what this has to do with socialism, but yeah, when a nations entire economy is based on one thing, and that one thing goes belly up, there's going to be problems.

Posted
2 hours ago, SwampD said:

Not sure what this has to do with socialism, but yeah, when a nations entire economy is based on one thing, and that one thing goes belly up, there's going to be problems.

They have had a socialist government for 19 years.  Prior to that they were the richest country in South America.

https://www.bbc.com/news/world-latin-america-36319877

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