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Reply #14: Oil revenues have tanked, the government is broke [View All]

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bhikkhu Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-05-10 11:34 PM
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14. Oil revenues have tanked, the government is broke
and revolution is one way of describing the arc of a failing state. You can clothe it in whatever political mumbo-jumbo you want, but its about the decline of the wells that were the backbone of government revenue. Without money, the functions of government don't get done. As the money isn't coming back, Mexico may be the first post-oil nation in the Americas to go belly up and have to find its own diverse ways into the future.
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