Wednesday, March 3, 2010

Venezuela's Power Woes


Yes, it's a double-entendre: "power" as in electricity, and as in who's in power. This New York Times article on Venezuela's "Resource Curse" is an illustration of how politics and economics are tightly bound to each other. It's also an illustration of Latin America's paradox: how is it that a region so rich in natural and human resources is as poor as it is? BTW, the image shows Venezuela's Angel Falls, the tallest waterfall in the world.

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