- Finger Prince
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The dramatic effect of the torture scene in Three Kings, in which Mark Wahlberg's character is force-fed crude oil, can't be understated. However, his captor reveals a glaring lack of understanding of the greater macroeconimic and geopolitical reasons for the American invasion of Iraq, purporting that oil extraction is the reason for America to seek "stability in the region". In reality, the Iraqi economy had been destabilized for decades since the oil glut of the 1980s, leaving it unable to pay its foreign debt. It is against this background of near default that Hussein sought to shore up reserves by invading Kuwait. The collapse of a major economy like Iraq was feared to have knock on effects in surrounding petrostates, forcing the United States to take action.
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Mar 26, 2024 22:13
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May 12, 2024 09:07
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- Finger Prince
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While the contribution of the rebel alliance towards mitigating the Empire's military control is a noble and necessary action, this paper can't help but point out that the Empire, with its centralized power structure and economic control, is doomed to failure, not because of overreach, or opposition to oppression, but because the free market ultimately will find a way to depose dictators. The free flow of capital cannot be constrained by one King or Emperor. One can see evidence of this by simply examining the robust black and grey markets that exist within the Empire's control.
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Mar 26, 2024 22:46
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Mar 26, 2024 22:13
