by Peter Zeihan on June 12, 2024

After years of mismanagement and corruption, Venezuela may have finally reached its tipping point.

A country that once boasted high education levels, cultural achievements and a thriving oil industry, has managed to turn a winning hand into a losing one. Leaders like Hugo Chávez and Nicolás Maduro helped lead the country down the path of collapse.

At this point, the only thing keeping the country afloat is the partial lifting of sanctions by the Biden administration; however, the continued neglect is leading Venezuela’s oil industry towards failure. Without skilled labor or a major company to step in, we could see Venezuela become a net oil importer within a year.

Once the oil goes, so does everything else. We’re talking economic woes, societal dislocations and famine.

Please click below to watch today’s video

YouTube Video Link: https://youtu.be/uXAsWdzLRyI

Our June MedShare Donation Match of $50,000

I’m pleased to announce our donation matching drive for the month of June. We will be matching up to $50,000 in donations this month to our chosen charity partner, MedShare International.

Please click the link below to donate, and all of us at Zeihan on Geopolitics, thank you for your generosity.

We appreciate the interest and engagement from our followers, but with Peter’s travel schedule and sheer volume of requests, we are unable to answer non-business-related questions via e-mail. Use the ‘Ask Peter’ page below for your video topics, ideas and burning questions…

follow me on socials

To make sure you get our emails, please add our email address to your saved contacts or Whitelist.