Saudi Arabia deliberately flooded the market to try to “destroy the economy of Iran.” Instead it destroyed the economy of Venezuela.
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And here we have Trump, gleefully tweeting about a plan to ramp up the economic warfare.
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We fixate on those because we’ve let Trump dictate the narrative. (end of thread)
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We only started saying it reached the level of a "humanitarian crisis" in late 2018.
Trump put pressure on Saudi Arabia to do it again, which helped turn an economic crisis into a full-blown humanitarian one.