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by 082349872349872
2152 days ago
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On sorts of pain that have resulted: in 1985, Fahd opened the taps just when Gorbi was trying to reform the soviet economy. Successful reform was presumably made more difficult when one's principal export declines to a third (not helped by concurrent USD weakness) in real value. https://en.wikipedia.org/wiki/1980s_oil_glut |
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