system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: Why is Venezuela so destroyed at the moment?
gpt
Venezuela is like that kid you knew in high school who was SUPER irresponsible but had rich parents.  You know the kid who's parents bought them a new car and then totaled it within three months?  You know the kid who got bought $300 designer sneakers and then "lost" them that weekend?  You know the kid who has all sorts of nice shit that is completely broken and banged up because he didn't take care of it?  That's Venezuela.

Their government is STUPID, CORRUPT, EVIL, LAZY, and UNCARING but they had rich parents (oil revenue) and could cover all their failings up by just buying more and more stuff.  However when oil prices dropped suddenly not only could they not afford new stuff, they discovered that all the stuff they had previously bought was worthless because they didn't take care of it, or sold it for weed money, etc.