153 comments on Some thoughts on Georgia and other Russian actions
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153 comments on Some thoughts on Georgia and other Russian actions
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GAIA Host Collective
What you describe is the economic regime of the 1990s and not today. Russia's GDP is driven mostly by domestic consumption and not raw materials exports. Residential construction in Russia is experiencing explosive growth as is retail. Fossil fuels, Uranium and other minerals are going to be increasingly consumed domestically.
Russia's richness in resources is probably why the communist system survived so long. The land was so rich it could afford the inefficiency of the system. Without the revolution it could have been the World's preeminent economy.