Venezuela I have waken up at 6 oclock in the morning. After having eaten a quick breakfast I have driven to my office. While I was driving I have switched on the radio to hear the news. One of breaking news was related to Venezuela. I was shocked. Firstable, I have never been to Venezuela. I would like to go there, but it is very far from where I live, Spain. I know a little bit of the country. It is a rich due to fossil fuels reserves that are under its territory. I have thought how a country, like Venezuela, can suffer such a big economic depression that indeed it is affecting to venezuelan people. Yestarday, Presindent of Venezuela, approved some acts to reduce the power of Parliament. Without entering to discuss it, mainly because I haven´t made a clear opinion, how can Venezuela be reached to this position. As far as I know, maybe economic and political crisis are a consequence of shrinking of the Price of petrol. I have read in differents newspapers that the extraction cost of one barril in Venezuela is around 90 USD, while petrol is traded at the international markets around 50 USD. How can a country survive to this situation?