Okay a good page that goes into depth is history of Venezuela oil Wikipedia https://en.m.wikipedia.org/wiki/History_of_the_Venezuelan_oil_industry https://en.m

Okay a good page that goes into depth is history of Venezuela oil Wikipedia https://en.m.wikipedia.org/wiki/History_of_the_Venezuelan_oil_industry https://en.m.wikipedia.org/wiki/History_of_the_Venezuelan_oi... The Chávez administration used high oil prices in the 2000s on his populist policies and to gain support from voters. The social works initiated by Chávez's government relied on oil products, the keystone of the Venezuelan economy, with Chávez's administration suffering from Dutch disease as a result. When prices collapsed they had all eggs in one basket. Now what was seized and not discussed in the wiki was oil platforms from foreign companies. Sometimes instead of Chavez paying a debt, he would seize the platform and "nationalize it" so this caused foreign companies to be wary of investing. https://books.google.com/books?id=TFY_DwAAQBAJ&pg=PA116&lpg=PA116&dq=seizing+oil+rigs+venezuela&source=bl&ots=KP41DyO2On&sig=6w3gJzqhh9tcRlXhg3PBQlQ1ecM&hl=en&sa=X&ved=0ahUKEwiDt6HhqcfZAhUkrVkKHbO-DVA4ChDoAQgRMAI#v=onepage&q=seizing%20oil%20rigs%20venezuela&f=false https://books.google.com/books?id=TFY_DwAAQBAJ&pg=PA116&lpg=... On to hyperinflation To assuage the oil price decline which began back in June 2014 and continues through to today, President Maduro printed more currency,