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It's good to hear about wheat production - that wasn't exactly going well for them after losing Ukraine. "Their oil industry, which used to be towering, is 'on
by madeuptempacct 8y ago
It's good to hear about wheat production - that wasn't exactly going well for them after losing Ukraine.
"Their oil industry, which used to be towering, is 'only' worth about the annual sales of Apple, or Google + Microsoft. "
This isn't a good thing though. There is no credit to be given here - it causes an over-reliance on oil prices, and any time there is a market crash, they slash budgets. Pretty horrible.
"With their current approach to political leadership, it's hard to imagine where the economic growth is going to come from to enable them to devote a lot more resources to their non-military space industry."
Yea, I actually think Putin did a good thing in cleaning up low level corruption. But for some delusional reason I thought he would invest in education, tech, and small business once he reduced some corruption at the low level. That never happened. Pretty disappointing.