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'Everything is expensive!' Bolivia faces a shocking economic collapse

apnews.com 'Everything is expensive!' Bolivia faces a shocking economic collapse

Across what was once South America’s second-largest producer of natural gas, everyone is searching for fuel.

'Everything is expensive!' Bolivia faces a shocking economic collapse

Summary

Bolivia faces an economic collapse due to a fuel shortage, foreign currency reserves depletion, and rising inflation.

The crisis has led to protests, food shortages, and a decline in the government’s popularity.

The government’s denial of the problems and its handling of the situation have further exacerbated the situation.

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