Shamessia Lee’s Reviews > Price Wars: How the Commodities Markets Made Our Chaotic World > Status Update

The survival of Middle Eastern Regimes were credited to their out reserves. Countries like Qatar, Kuwait, UAE, Oman, Saudí Arabia, Bahrain, Alegría survives

Libya and Syria had Civil Wars. Libya was an outlier as Gaddafi had to use his oil reserves to fund a private mercenary army.

Russell likens this to the French Revolution and the townspeople outside after the King and Queen (Marie Antoinette) were feasting.