How did Venezuela become an economic basket case? Not socialism. Or capitalism.
Venezuela is a textbook example of a petrostate in the thrall of the Paradox of Plenty, or “the Dutch Disease.”
Bonus: Norway's Big Bucket of Oil Money
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About a fifth of Norway's national budget comes out of their Sovereign Wealth Fund--a government-owned investment vehicle paid for through oil revenue.
Why Trump Wants Greenland
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Donald Trump has made overtures towards adding Greenland to the United States, in both this and his last term. But the acquisition of Greenland is an old and repeated foreign policy goal of multiple administrations, from Andrew Johnson, to Harry Truman, to present.
What Happens When the Ayatollah Falls?
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If Iran’s Islamic Republic collapsed—or got pushed out—who would pick up the pieces?
