Once the richest nation in Latin America, Venezuela is now a broken economy enveloped in crime, corruption and hyperinflation. The downfall of Venezuela serves as a modern-day macro tragedy as millions of Venezuelans starve while corrupt government officials continue to thrive. The story of the Venezuelan crisis shows how a surplus of rich commodities, from oil and gas to cocoa and coffee, have been squandered under the rule of former President Hugo Chavez and current President Nicolas Maduro.

On January 20^th, 2022 Forum on Life Culture & Society (FOLCS) was joined by seasoned international finance expert Jay Newman, to discuss his new book, Undermoney.