Residents struggle amid Venezuela's economic collapse As President Nicolas Maduro and opposition leader Juan Guaidó vie for control of Venezuela, average citizens are paying the price. Experts say the economic collapse there is the worst outside of war in 45 years. Inflation could hit 10 million percent this year, making the country's currency virtually worthless and leaving people unable to afford food and medicine. New York Times reporter Anatoly Kurmanaev, who has been reporting from Venezuela, joins CBSN to describe what life is like there now.