Oil is a force multiplier, definitely. But any nation that declined to pursue an oil-based economy during the oil boom years would’ve been swept aside or doomed to irrelevance. It’s like someone throwing a loaded gun into the middle of a prison riot. You either grab for the gun and start shooting or you take cover and try not to get shot.
Oil is a force multiplier, definitely. But any nation that declined to pursue an oil-based economy during the oil boom years would’ve been swept aside or doomed to irrelevance. It’s like someone throwing a loaded gun into the middle of a prison riot. You either grab for the gun and start shooting or you take cover and try not to get shot.