this post was submitted on 29 Nov 2024
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Economy

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'Everything is expensive!' Bolivia faces a shocking economic collapse (apnews.com)
submitted 16 hours ago by Amoxtli@thelemmy.club to c/economy@lemmy.world
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[โ€“] finitebanjo@lemmy.world 2 points 16 hours ago

"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

  1. India: 16.5%

  2. Brazil: 13.7%

  3. Argentina: 12.8%

  4. Colombia: 7.69%

  5. Japan: 7.00%

  6. Peru: 6.43%

  7. China: 4.67%

  8. South Korea: 3.91%

  9. United Arab Emirates: 3.73%

  10. Ecuador: 3.01%

  11. United States: 2.83%

  12. Netherlands: 1.79%

  13. Chile: 1.77%

  14. Belgium: 1.72%

  15. Australia: 1.41%

  16. Italy: 1.34%

  17. Spain: 1.19%

  18. United Kingdom: 1.17%

  19. Hong Kong: 1.01%

  20. 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.

[โ€“] TheTechnician27@lemmy.world 0 points 13 hours ago* (last edited 13 hours ago)

A fuel crunch, you say? But I thought using fossil fuels instead of those nasty old renewables made us more independent and resilient. /s