An interesting article from Matthew Lynn at Bloomberg deserves wider circulation. The implications of his point that Russia is not a sensible place for major international investment are even more profound than they first appear. Essentially Russia is not only refusing to allow international business to function, but where investment is being made in capital equipment and techniques that the Russians do not posses themselves, then they are trying to steal this proprietary technology. Meanwhile the political picture grows more violent. Putin's "Nashi" goons continue to harass anyone they see fit- including the widespread use of violence and murder. This is not a recipe for a powerful Russia. It is a recipe for an impoverished, weak and isolated Russia. Such is the catastophe that the KGB Colonel has led his country into. The greedy, Mafia state will fail- and with unforeseeable consequences. Despite the flow of petro-dollars, the money leaves Russia as fast as it arrives. ...
Musings on World events from the perspective of a Social and an Economic Liberal.