What would be the economic and geopolitical consequences had the price of oil and commodities like gold, silver, copper, nickel, soybean, beef and others stayed high throughout the 80s and 90s instead of plummeting to lower level like right now in 2015.
Would Iraq still attack Iran and Kuwait?
Would Mexico, Venezuela, Argentina, Brazil, and Chile economies a developed one by today with prolonged higher oil and commodity prices?
Would Soviet Union still exist right now?
Would US become a major oil shale producer in the 80s and 90s like right now?
Would China and India still produce economic boom like in the 2000s?
Would Australia and New Zealand enjoy the richest economic status like they enjoyed in the 70s?
Would be there a major investments in renewable with higher oil prices in the 80s and 90s?
Would Iraq still attack Iran and Kuwait?
Would Mexico, Venezuela, Argentina, Brazil, and Chile economies a developed one by today with prolonged higher oil and commodity prices?
Would Soviet Union still exist right now?
Would US become a major oil shale producer in the 80s and 90s like right now?
Would China and India still produce economic boom like in the 2000s?
Would Australia and New Zealand enjoy the richest economic status like they enjoyed in the 70s?
Would be there a major investments in renewable with higher oil prices in the 80s and 90s?