Three-day weekends are great.
Three-day weekends because your country is going through simultaneous energy, economic, and political crises — not so great.
That's what's happening in Venezuela.
President Nicolás Maduro just announced that for the next two months, every Friday will be a holiday.
The "long weekends," as Maduro called them, are a bid to help alleviate the country's energy crisis, the result of a long drought in a country that relies on hydropower for 60% of its energy. Hydro plants are critically low on water, Bloomberg reports.
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Maduro declared all of Easter week a holiday for the same reasons.
It's the latest in a pummeling for the South American country.
Washington Post columnist Matt O'Brien recently wrote that the biggest question is whether the economy or the government will collapse first.
The economy is shrinking by 10% a year, and inflation is growing at over at 600% rate. The government raised the price of gas by over 6,000%, and the country still has the lowest gas prices in the world.
