Comments by "" (@shauncameron8390) on "How Oil Ate the Soviet Economy" video.

  1. Who knew that communists were every bit as wasteful?
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  2. LOL. Russia was always backwards.
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  3. Case in point: Venezuela.
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  4. Case(s) in point: Venezuela and Nauru.
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  5.  @manjelos  Exactly.
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  6.  @сырпошехонский  Ditto for South Korea and Singapore.
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  7. By that logic, Equatorial Guinea should be the richest country in Africa since it does have the highest GDP per capita in the continent thanks to oil among other natural resources. Yet 75% of its population are poor and the ruling Nguema family controls all the wealth making it a functional kleptocracy.
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  8. Or resource curse.
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  9. OUCH!
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  10. Pretty much.
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  11.  @tactknightgaming2066  LOL. Communists are even more dishonest using the same workers they claim to have so much solidarity with to enrich and empower themselves. It figures when Karl Marx had little in common with the working class yet spoke like he was the voice of them.
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  12. <I don’t believe this is a problem with Communism but with oil prices In general considering many capitalist countries also collapsed due to their reliance of oil exports.> Like which country?
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  13. Exactly.
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  14. The US is not as dependent on oil to sustain itself as other countries whose entire economies revolve around oil.
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  15. But all those took a backseat to oil.
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  16. Hardly. Virtually all of the Russia's environmental disasters happed during Soviet rule.
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  17. And also the black market.
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