Quote:
Originally Posted by CyberSEO
I have heard this fairytale a lot of times. You know dude, I was living in a few US cities too, but I'm not trying to pose myself as the expert in the US economics.
|
The simple fact is that I was there, with several businesses. You talked to me like I don't know and I was right there watching it all unfold and I was one of the many trying to get my money out of MDM and Bank of Primorye. So you can cut the "fairy tale" bullshit. I've seen and experienced much more of your own country than you have.
I often have used this situation over the years as an example of how resilient a free market economy is, regardless of reckless tax laws, business laws, corruption etc etc etc.
Of course things will be fine in the end economically meaning that things will eventually find a point of equilibrium and stabilize, but with a long term decline in oil and gas prices, coupled with Western Sanctions and a horrible foreign investment climate in Russia, Russia is in serious trouble for a long time.