Detailed text transcripts for TV channel - MSNBC - 20180806:10:55:00
Reserves of oil is collapsing. venezuela is a failed state. the currency is down 1 mill thrown the dollar. hemorrhaging between 25 and 50,000 people a month. overwhelming its neighbors. this is a country that -- it's way past the point of any viability. being propped up more than anything else by cuban security personnel, and the question is how does this nightmare end, or does it end? >> richard, let me ask you, how does a country that has such a wealth of oil reserves, how does it collapse this way over a decade or so? >> because over a decade first you had chavez now mr. maduro. it's totall...