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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (228135)	4/7/2005 4:08:55 PM
From: tejek	Read Replies (2) \| Respond to of 1575127

Just read an interesting explanation for the fall of the Soviet Union. Its part of the thesis of a new book that's either out or coming out. It goes like this........ In the 1970s, the Soviet Union produce three times the oil as the Saudis. However, by the 1980s, the Saudis had upped production dramatically, flooding world markets with oil, and undercutting the Russians because their production costs were considerably lower. That coupled with declining production due to antiquated equipment cut the Soviets off from their flow of badly needed hard currency. It was this loss of external income that ultimately did them in. The author's reasoning won't stop the argument over who brought the Soviet Union down......Reagan, the Pope or God..........but it certainly makes more sense than the other explanations. ted