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13 Jun 2010
News / Next 100 years - Poland as great power? [35]
A primitive self sustaining cash rich economy which is building itself at a fairly rapid pace even despite the business climate. That primitive economy is diversifying at a very fast rate.
Would you rather be sitting on half of the worlds commodities, or not?
The military doesn't work as a police force, that's not exactly surprising. Any major wars will involve flying boom tubes.
Russia is managing to get its population off of the welfare state opium, and paying back it's debts. Male life expectancy is 61, and rising. Urban centers like Novosibirsk, Vladivostok, Rostov, Volgograd (not to mention the big boys)... Do you know anyone holding Russian debt? The minute it's issued, it's snapped up, and then matures incredibly quickly. I know a country holding massive amounts of foreign debt and one of the worlds largest foreign currency reserves, give you a hint, rhymes with mussia.
With all those pesky facts? That's what's on the table, and we're discussing long term. Will Europe and the US be able to continue borrowing their way to prosperity? Latest bond sales weren't looking too hot... What you fail to understand is that Russia is only interested in the 50 meters on either side of the track. Would you suggest that the future lies in the worlds largest debtor nations, or the worlds largest creditor nations?
...whose 'primitive' (Medvedev's own word) commodity-based economy goes up and down like a tart's drawers along with the price of peak oil;
A primitive self sustaining cash rich economy which is building itself at a fairly rapid pace even despite the business climate. That primitive economy is diversifying at a very fast rate.
Would you rather be sitting on half of the worlds commodities, or not?
... enough of a land army to get the job done in Chechnya, too. Yeah, that worked, didn't it?
The military doesn't work as a police force, that's not exactly surprising. Any major wars will involve flying boom tubes.
Russia is managing to get its population off of the welfare state opium, and paying back it's debts. Male life expectancy is 61, and rising. Urban centers like Novosibirsk, Vladivostok, Rostov, Volgograd (not to mention the big boys)... Do you know anyone holding Russian debt? The minute it's issued, it's snapped up, and then matures incredibly quickly. I know a country holding massive amounts of foreign debt and one of the worlds largest foreign currency reserves, give you a hint, rhymes with mussia.
Come off it, you sound like one of those fifth columnists Stalin invited to Russia in the 30s who wrote back in wonder at the model society they could see 50 meters either side of the railway track.
With all those pesky facts? That's what's on the table, and we're discussing long term. Will Europe and the US be able to continue borrowing their way to prosperity? Latest bond sales weren't looking too hot... What you fail to understand is that Russia is only interested in the 50 meters on either side of the track. Would you suggest that the future lies in the worlds largest debtor nations, or the worlds largest creditor nations?