Another example of the failure of socialism. However, academics on college campuses in the US will still insist socialism and even communism would produce an earthly paradise if it was just done right.
Those campus academics would argue that the United States is the one country that has the resources to do Socialism right.
Of course that’s nonsense. But we are resource-rich to the point where it would likely take them much, much longer to bring us to the fail point.