In the past, critics frequently charged that there were very few differences between the two major parties. Is that true today? What do you think the Republicans and the Democrats stood for in the 2016 presidential election? Heading into the 2020 election cycle, do these parties still represent the same ideologies/issues as they did in 2016? Have either of them platformed on an issue or issues that are clearly rhetoric and simply pointless misinformation tactics used to sway uninformed voters?
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domestic currency, on oil: Algeria, Venezuela, Nigeria, Iran, Indonesia, and many more. Most countries such as these, after resource booms, cannot stabilize their economy, and fall victim to Dutch Disease. The sheer appreciation of wages and domestic currency yields a field in which exports become uncompetitive and cause damage to other industries such as agriculture and manufacturing; this renders countries de-industrialized (Mohamed). Countries with exceptionally large oil exports can rarely escape this curse of plenty. They fail to make steps to reform their oil dependence, and instead, plunge headfirst into a sudden (yet predictable) violent political, economic, and social upheaval, as seen currently in Venezuela. However, one country within OPEC has managed to keep its head above the oil. Despite oil prices plummeting, poor national perception regarding Yemen, as well as the murder of Jamal Khashoggi, Saudi Arabia still makes and maintains massive profit margins as it only costs them $9 USD to produce a single barrel (WSJ News Graphics). This begs the question: What makes Saudi Arabia any different than these other countries, who have seemingly doused their economies, citizens, governments, and domestic currency in crude oil, lit a match, and set themselves ablaze? Why is it that now, in a time when oil prices are steadily dropping, Saudi Arabia can function with oil prices so low, and how does the volatility of oil affect Saudi Arabiaâs environment domestically and geopolitically? Oil prices have been dropping in response to a large production output and a weaker global demand (International Energy Agency). However, this is not the sole reason; oil has also been known to drop in response to political climates as well. With regards to exports, Yemen should not be someone of unique importance on a global oil scale; Yemen only produces 133,000 barrels of oil a day which is 0.1% of global generation (Johnston). However, Yemen is geographically positioned in a way that exerts power with regard to the very core of the industry of oil. Neighboring Yemenâs southern coastal city, Aden, is Bab el-Mandeb. These straits, of which are located at>
domestic currency, on oil: Algeria, Venezuela, Nigeria, Iran, Indonesia, and many more. Most countries such as these, after resource booms, cannot stabilize their economy, and fall victim to Dutch Disease. The sheer appreciation of wages and domestic currency yields a field in which exports become uncompetitive and cause damage to other industries such as agriculture and manufacturing; this renders countries de-industrialized (Mohamed). Countries with exceptionally large oil exports can rarely escape this curse of plenty. They fail to make steps to reform their oil dependence, and instead, plunge headfirst into a sudden (yet predictable) violent political, economic, and social upheaval, as seen currently in Venezuela. However, one country within OPEC has managed to keep its head above the oil. Despite oil prices plummeting, poor national perception regarding Yemen, as well as the murder of Jamal Khashoggi, Saudi Arabia still makes and maintains massive profit margins as it only costs them $9 USD to produce a single barrel (WSJ News Graphics). This begs the question: What makes Saudi Arabia any different than these other countries, who have seemingly doused their economies, citizens, governments, and domestic currency in crude oil, lit a match, and set themselves ablaze? Why is it that now, in a time when oil prices are steadily dropping, Saudi Arabia can function with oil prices so low, and how does the volatility of oil affect Saudi Arabiaâs environment domestically and geopolitically? Oil prices have been dropping in response to a large production output and a weaker global demand (International Energy Agency). However, this is not the sole reason; oil has also been known to drop in response to political climates as well. With regards to exports, Yemen should not be someone of unique importance on a global oil scale; Yemen only produces 133,000 barrels of oil a day which is 0.1% of global generation (Johnston). However, Yemen is geographically positioned in a way that exerts power with regard to the very core of the industry of oil. Neighboring Yemenâs southern coastal city, Aden, is Bab el-Mandeb. These straits, of which are located at>
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