Venezuela’s Crisis Resembles the Fall of Rome—But With Oil Instead of Barbarians
In a development that history buffs are calling the "OPEC Empire Collapse," Venezuela’s rapid economic and political unraveling is now being compared to the final days of the Western Roman Empire—except here, the barbarians are foreign sanctions, currency devaluation, and a reliance on a single resource. Historians point to the pattern of over-extended resource dependency, a parallel seen in the late Roman reliance on grain imports and silver mines. As Venezuela’s oil production hit a 90-year low, trigger warnings of social decay and mass migration, experts note that history’s hidden law—the "resource curse"—is repeating itself with haunting precision, making this not just a national tragedy but a global lesson in imperial hubris.