Gasoline subsidies disproportionally help those well-off, by a freaking lot, those who drive a lot but most importantly business owners. Also they were unsustainable to they had to go or it would had let to a crash in the economy (like we are seeing right now). We also saw a big decrease in production, also demand is probably an all-time low considering meat has vanished from the markets. No, thats not what i am saying, im saying that Venezuela was like other functional Latin American nations and far better off than neighbors like Colombia, it was at Argentina's level. Now its closer to Haiti, or even worse, since Haiti at least allows international aid to come in.