Venezuela had a mostly positive balance of trade last 10 years. So they had enough money to ask for financing for a nuclear plant (usually 5-10bln) to stabilize

Venezuela had a mostly positive balance of trade last 10 years. So they had enough money to ask for financing for a nuclear plant (usually 5-10bln) to stabilize their grid. Instead they wasted money on the ridiculous gasoline subsidy, creating a huge smuggling industry.