Re:With oil cheap, Arab states cannot balance their books
by Gibbon1 on Wednesday July 22, 2020 @01:16AM
(#23914146)
My argument is oil dependence is a ball and chain on the aspirations of the developing world. The need of minor counties to buy oil in dollars chains them to the US and European dominated financial system with ruthlessly exploits them and savages countries that try to fight back. Once the leaders of those countries are confident they can do without constantly importing oil they're going to run for the exits as fast as they can.
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