10 Countries in Deep Trouble

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Venezuela

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THOMAS COEX—AFP/GETTY IMAGES

President Hugo Chávez has inextricably tied the Venezuelan economy to oil, and that didn't look so bad before the financial crisis. But with oil prices stagnating, the returns on Chávez's strategy have changed. Many economists are predicting negative growth for Venezuela this year—such as the 4 percent drop predicted by Morgan Stanley.

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