If Venezuela was really as bad as you say, the people would have emigrated a long time ago like the Syrians are doing. It may be a poor country but even poor African countries are not as hungry as that.
Sniff around just a little and you can find the same facts even in the mainstream media, albeit with a little more watering down. It's clear that this is an utterly failed state. Similar to Zimbabwe, it just goes to show that the wrong policies can fuck up countries abundant in natural resources.