Geopolitics
Venezuela's Debt Crisis: A Case Study in Western Financial Imperialism
Venezuela faces one of the world's largest unresolved sovereign defaults with external debt estimated between $150-170 billion and a debt-to-GDP ratio of 180%-200%, exacerbated by US sanctions that have crippled its economy and recovery efforts. This devastating situation exposes how Western financial systems and coercive measures systematically punish Global South nations while protecting imperialist interests.
