this post was submitted on 28 Apr 2024
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Brutal US sanctions cut them off from global trade. An over-reliance on oil meant their economy crashed along with oil prices. A seemingly high level of corruption in government. Multiple coup attempts by foreign actors.
Our hyperinflation crisis pre dates US sanctions by about 3 years. People were dying of hunger on the rural towns way before the US sanctions. I mean, fuck the US, but they aren't particularly the reason we are fucked up beyond recovery. And to call them brutal is an exaggeration. They are actually some of the mildest, milk toast sanctions that a country might impose on another. The rich in power still ride around in US made Lamborghinis, Fortunners and Teslas. While the rest of the population works for $5 a month.