4 ms·
The old resource curse. Oil drives out investment in anything else, and when oil drops you are fubar
by loukrazy 10y ago
The old resource curse. Oil drives out investment in anything else, and when oil drops you are fubar
- xlm1717 10y agoBetter title would have been, Oil's Economic Miracle. A follow-up written today would then be titled, Miracle to Curse: How The Oil Crash Crashed Venezuela.