'Everything is expensive!' Bolivia faces a shocking economic collapse
'Everything is expensive!' Bolivia faces a shocking economic collapse
Across what was once South America’s second-largest producer of natural gas, everyone is searching for fuel.
"Bolivia has become a region leader in measures of economic growth, fiscal stability and foreign reserves"
~Gustafson, Bret (2020). Bolivia in the Age of Gas. Duke University Press. p. 10. ISBN 978-1-4780-1099-9.
Lmao What happened?
Main export partners
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India: 16.5%
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Brazil: 13.7%
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Argentina: 12.8%
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Colombia: 7.69%
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Japan: 7.00%
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Peru: 6.43%
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China: 4.67%
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South Korea: 3.91%
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United Arab Emirates: 3.73%
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Ecuador: 3.01%
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United States: 2.83%
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Netherlands: 1.79%
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Chile: 1.77%
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Belgium: 1.72%
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Australia: 1.41%
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Italy: 1.34%
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Spain: 1.19%
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United Kingdom: 1.17%
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Hong Kong: 1.01%
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Turkey: 0.98%
Other Countries: 5.35% (2022) according to OEC
The more information I look for, the less this makes sense, we're gonna need some professional analysts in here.
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A fuel crunch, you say? But I thought using fossil fuels instead of those nasty old renewables made us more independent and resilient. /s