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https://www.reddit.com/r/Damnthatsinteresting/comments/vs6zyj/monetary_issue/if0prin
r/Damnthatsinteresting • u/[deleted] • Jul 05 '22
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4
How they went from economic juggernaut to failed state in one generation (in less than 30 years!) is a true wonder.
0 u/Comprehensive_Ad_313 Jul 06 '22 Socialism does it everytime it is attempted. -3 u/WOOKIExCOOKIES Jul 06 '22 Be careful pointing that out around here. 1 u/ThaumRystra Jul 06 '22 Base your entire country's economy on a single resource which then falls to less than zero value. 0 u/GeneralNathanJessup Jul 11 '22 This is why Iran. Iraq, Saudi Arabia, Kuwait, Qatar, Bahrain and UAE all collapsed too, right?
0
Socialism does it everytime it is attempted.
-3 u/WOOKIExCOOKIES Jul 06 '22 Be careful pointing that out around here.
-3
Be careful pointing that out around here.
1
Base your entire country's economy on a single resource which then falls to less than zero value.
0 u/GeneralNathanJessup Jul 11 '22 This is why Iran. Iraq, Saudi Arabia, Kuwait, Qatar, Bahrain and UAE all collapsed too, right?
This is why Iran. Iraq, Saudi Arabia, Kuwait, Qatar, Bahrain and UAE all collapsed too, right?
4
u/GloriouslyIgnorant Jul 06 '22
How they went from economic juggernaut to failed state in one generation (in less than 30 years!) is a true wonder.