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Generous social spending after the economic collapse, like freezing household electricity rates, has widened Argentina’s budget deficit, encouraged energy consumption and increased the country’s dependence on energy imports, eroding the central bank’s hard currency reserves. Inflation is so high that it has become a heated political issue, with economists saying it exceeded 28 percent in 2013 and officials insisting it was 10.9 percent.
What use is the US to the Middle East, China or Russia if it's not buying oil? If it is not buying as much oil, there is less of a dollar value for purchasing other foreign commodities. Get the picture?
1) Those that want to harm you/steal from you don’t come with a pirate flag waving over their heads.
2) Neither do they start shooting at you 200 yards away.
3) They won’t come riding loud bikes or dressed with their orange, convict just escaped from prison jump suits, so that you can identify them the better. Nor do they all wear chains around their necks and leather jackets. If I had a dollar for each time a person that got robbed told me “They looked like NORMAL people, dressed better than we are”, honestly, I would have enough money for a nice gun. There are exceptions, but don’t expect them to dress like in the movies.
4) A man with a wife and two or three kids can’t set up a watch. I don’t care if you are SEAL, SWAT or John Freaking Rambo, no 6th sense is going to tell you that there is a guy pointing a gun at your back when you are trying to fix the water pump that just broke, or carrying a big heavy bag of dried beans you bought that morning.
The picture you paint is very simplistic. There is more to the world than oil. Besides, the US still importing crude in 2012 at late 1990 levels, with Canada the main supplier and higher than the entire Persian Gulf. It imported very little from Russia.
Detroit represents nothing less than progressivism in its final stage of decadence: Worried that unionized public-sector workers are looting your city? Detroit is already bankrupt, unable to provide basic services expected of it — half the streetlights don’t work, transit has been reduced, neighborhoods go unpatrolled. Worried that public-sector unions are ruining your schools? Detroit’s were ruined a generation or more ago, the results of which are everywhere to be seen in the city. Worried that Obamacare is going to ruin our health-care markets? General-practice physicians are hard to find in Detroit, and those willing to accept Medicaid — which covers a great swath of Detroit’s population — are rarer still. Worried about the permissive culture? Four out of five of Detroit’s children are born out of wedlock. Worried that government is making it difficult for businesses to thrive? Many people in Detroit have to travel miles to find a grocery store. This is the endgame of welfare economics: What good is Medicaid if there are no doctors? What good are food stamps where there is no food? What good are “free” schools if you’re so afraid to send your children there that you feel it prudent to arm them first?
The decay of Detroit is not the inevitable outcome of the decline of the automotive industry: The automotive industry is thriving in the United States — but not in Detroit. It isn’t white flight: The black middle class has left Detroit as fast as it can. The model of Detroit politics is startlingly familiar in its fundamentals, distinguished only by its degree of advancement: Advance the interests of public-sector unions and politically connected business cronies, expand the relative size of the public sector remorselessly ...
Melissa Harris-Perry, “America’s leading public intellectual,” blames Detroit’s problems on its conservatism and small government, oblivious to the fact that Detroit maintains twice as many city employees per resident as do larger cities such as Fort Worth and Indianapolis, and three times as many as liberal San Jose.