Comments by "John Walsh" (@johnwalsh4857) on "This Man Will Defeat Russia" video.
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Yah I remember those times in the 70s and 80s when the oil prices were high, the USSR was really building up its military and really threatening the USA and NATO. The Soviet army was much feared and there were war scares in the early to mid 80s with tense moments beetween NATO and the warsaw pact. However when oil prices collapsed in 1986, the Soviets were amping up their confrontation with the west to raise the oil prices, also the collapse in oil prices resulted in the end to the iran-Iraq war due to both sides fuelling their war with oil sales. The Iranians started doing attacks on Oil tankers in the Persian gulf stating they were doing it to cut off oil exports from Iraq but in truth the Iranians wanted high oil prices to fund its war, and was causing a crisis to raise oil prices , however it failed and oil prices still dropped Iran called it quits saying possible US entry into the war and high casualties and poor battlefield performance and growing Iraqi strength made it quit the war. The collapse in oil prices also led to the collapse of the Soviet economy. made worse by its really bad economic mismanagement, really bad corruption, poor command Soviet economy, very high military spending, and massive economic assistanace to its allies for little economic benefit in return. Yep even back then the Soviet economy was heavilly dependent on oil natural gas and other resource exports(even more so back then than now). , the Soviets really did not have a domestic market and did not export on a big scale its finished products to the west. in fact, its weapons manufactured on a massive scale back in the cold war, did not really make the Soviets money as they were given to allied nations rather than sold to them. Iranians in the 80s even worse they were almost totally dependent on oil exports to fund its war with Iraq. The Iraqis had USA and Saudi economic support to prop up its economy.
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