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> The fact that the majority of its exports were oil and gas based, like those of a petro state. What has changed?[1] I would argue that this neither confirms
by thephyber 9y ago
> The fact that the majority of its exports were oil and gas based, like those of a petro state.
What has changed?[1] I would argue that this neither confirms nor refutes your defense of the "paper tiger" assertion.
[1] https://en.wikipedia.org/wiki/Economy_of_Russia#/media/File:2014_Russia_Products_Exports_Treemap.png https://en.wikipedia.org/wiki/Economy_of_Russia#/media/File:...
- oblio 9y agoRussia is still a paper tiger. Its economy is smaller than Spain's. There are two factors keeping it in "the game": - that huge stack of nukes - the ruthlessness of its mostly autocratic leader(s) Neither of those bode well for their future... ("it's the economy, stupid", and all that).