『Venezuela's 1983 Black Friday: The Crash That Broke the Dream』のカバーアート

Venezuela's 1983 Black Friday: The Crash That Broke the Dream

Venezuela's 1983 Black Friday: The Crash That Broke the Dream

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In 1983, Venezuela experienced its most devastating economic crisis in modern history, an event known locally as El Viernes Negro. Just weeks after taking office, President Jaime Lusinchi devalued the bolívar, wiping out savings and triggering a wave of social unrest that shattered the illusion of perpetual prosperity built on oil wealth. This episode explores the specific mechanics of the currency collapse, the political maneuvering behind the scenes involving Central Bank president José Guerra and Finance Minister Pedro Kruel, and the immediate human cost felt by ordinary Venezuelans who suddenly found their wages worthless. We examine how this moment marked the end of the Punto Fijo era's stability, leading to the rise of populist movements like the Bolivarian revolution decades later. Through the eyes of street vendors, middle-class families, and the politicians who made the impossible choice, we trace the roots of Venezuela’s long decline from a wealthy outlier in Latin America to a nation grappling with hyperinflation and state failure. #ElViernesNegro #JaimeLusinchi #VenezuelanEconomy #BolivarCollapse #1983Crisis #Petroleo #PuntoFijo #CentralBankOfVenezuela #Devaluation #HyperinflationHistory #SouthAmericanHistory #OilPolitics #Caracas #JoseGuerra #PedroKruel #LatinAmericaCrisis #FexingoHistory #History Keep every episode free: buymeacoffee.com/fexingo
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