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The Price of oil cratered and now the fund does not have the money to provide the citizens with the income they've grown to depend on. The experiment is a succ
by ZoeZoeBee 11y ago
The Price of oil cratered and now the fund does not have the money to provide the citizens with the income they've grown to depend on.
The experiment is a success at providing another example of Socialism being great until running out of other people's money.
This does set us up for the next experiment, What happens to a frontier town when the commodities which fueled it dry up?
- johng 11y agoIn this case I don't agree with it being Socialism. The "oil" belonged to the people... not the government. So the people get the money. The thing is they came to depend on it, and obviously the price is in the shitter. So the dividend should be cut. It should be based entirely on how much the State is making off the resource of the people. If it goes away, the people should be prepared.