Quote:
Originally Posted by spads
If the government is relying on Oil and Gas instead of taxes then they're even more screwed. The prices for oil are falling and will continue to fall. Its why countries like Norway are heavily subsidising new startups. They know the oil party is over soon and they'd better have a backup plan for their economy.
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I do agree with you here. Russia must do a serious diversification of its economics, but the ass-clown Putin is not interested in changes. He's gonna keep the things as they are. He is a typical conservator and that's not good.