Comments by "John Walsh" (@johnwalsh4857) on "This is just evil." video.

  1. The USA rebounded back hard in the 80s. interestingly when the oil prices crashed to 30 USD in 1986, from its peak 140 USD in 1980, the USSR collapsed 4 years later in 1990. since its economy was reliant on oil and gas exports and it had a very inefficient communist central command economy opposed to capitalism which everything revolved around gov. spending. and the USSR economy and gov. was very much reliant on export of resources to western europe and other nations. It was overspending beyond its means to maintain its military to confront the west and to support the economies of her allies . Also the Soviet economy along with her allies economies were closed off to the rest of the world so there was very little trade in finished goods with the west. The Collapse of the Soviet economy led to the collapse of the USSR. Same will happen to Russia due to the war in Ukraine due to collapse of oil prices in 2023 due to the global economic recession along with sanctions. and continuing high cost of the war in Ukraine. and the Soviet GDP peak in 1989 was 2.5 trillion USD translated to 2022 goes to 5.89 trillion USD in 2022 money. Russia's current GDP is 1.48 trillion USD. It took 4 years for the USSR economy to collapse due to low oil prices. The RUssian economy is essentially cut off from most regular trade with the west. and it has 4 times less GDP than the USSR., along with the high cost of maintaining the war in Ukraine , I can see the Russian economy collapsing in times of low oil prices around 2 years. While its not looking good for all world economies Russia is esp. vulnerable due to sanctions and war costs. along with its relaince on high oil prices.
    1