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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

Bolivia’s monthslong fuel crunch comes as the nation’s foreign currency reserves plummet, leaving Bolivians unable to find U.S. dollars at banks and exchange houses. Imported goods that were once commonplace have become scarce.

The fuel crisis has created a sense that the country is coming undone, disrupting economic activity and everyday life for millions of people, hurting commerce and farm production and sending food prices soaring.

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