Refugees at Colombia Venezuela border LUIS ACOSTA/AFP/Getty Image

The Regional Costs of Venezuela’s Collapse

The refugee crisis generated by the country's economic implosion is comparable to that in Europe in 2015. In response, US President Donald Trump has floated the idea of military intervention, when what the US should be doing is increasing financial and logistical aid to Venezuela's neighbors.

BOGOTÁ – As Venezuela’s great experiment with “Bolivarian” socialism implodes, it is creating a humanitarian and refugee crisis comparable to Europe in 2015. Traveling by bus, boat, and even on foot through treacherous terrain, around one million Venezuelans have fled to Colombia alone, and another two million are estimated to be in other, mostly neighboring, countries.

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