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A blog by a native Bostonian who is living, working, and enjoying life in Krasnodar, Russia
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“Smart Move” - Russia may revalue the Ruble

Started by Timothy Post · 1 year ago

Thank to Fred Wilson for the heads-up on the NY Times article this past weekend titled, Waving Goodbye to Hegemony.

Here’s an excerpt from the article where the author discusses Russia and the role he sees it playing in the post-American unipolar world,

…. In exploring just a small sample of the second world, we should start […] ... Continue reading »

4 comments

  • venucor

    1 year ago

    I agree with that contention. If and when the population starts growing, it would place RF as a top contender for the top srtakes. As it is today, Russia is among the first six countries by GDP by PPP, others being China, US, India, Japan, Germany in that order.
    And if the full potential is realized, then? Plus, the incoming Eurasian state comprising the Central Asian republics, Belarus and Ukraine etc (maybe Serbia as well), would this state equal or even surpass China in a matter of years.
    reply
  • strategytraining

    1 year ago

    Russia's death rate is almost double its birth rate. There is no credible evidence that births will exceed deaths in 2 years. In fact, Russia still has one of the highest infant AND maternal mortality rates in Europe and the largest difference in ages of death between elderly men and women--more than 15 years. The UN has said Russia's children are "an endangered species" Instead of using a chunk of its $500 billion slush fund to address the crisis, HIV/AIDS, TB, alcoholism and on and on--it's spending billions on nanotechnology, not people. The data on birth/death rates isn't rocket science. You can only have children between certain ages. We know how many women there are in the 15-40 year old cohort, and how many men. We know the age men die here (around 60). We know the birth rate. The sad fact is that with all the glowing news about Russia, in a few decades more people will be leaving the workforce than entering it--there will be too few adults to do the work that needs to be done. What happens then when it dawns on all the fast money people whose stores, factories and car showrooms are empty? Russia and its leaders had lots of time to address what they continue to call a "demographic problem" but failed. China had a different problem. They dealt with it and it helped transformed their country.
    Just like after World War 2, Russia will be a nation missing a generation. And you can't invent a generation by 2010.
    reply
  • IntelliBriefs

    1 year ago

    How come "Saudi Arabia" entered into Multiploar world , a country struggling hard t pump oil to markets at the behest of US with poor social indicators ? What is the rationale in adding or even think about that country ? I would suggest to add IRAN instead of Saudi Arabia .
    reply
  • Dr John Walker

    1 year ago

    emergration is the cause for major population decrease, the fact the quality of life is so poor the average age for death is 57 (CIA public access info). Health service is free but substandard, underqualified by western standards. Property values are manipulated and widely unrealistically high. Consumer credit is rampantly marketed with very high rates, home purchase bonds of 15% and higher.
    reply
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