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It does kind of makes sense. The planet is flush with shady Russian cash partly because it was laundered, stolen, transferred outside the country. As opposed to
by rdtsc 8y ago
It does kind of makes sense. The planet is flush with shady Russian cash partly because it was laundered, stolen, transferred outside the country. As opposed to going back into it to improve the infrastructure, education system and other things.
If you don't see the poor pensioners and other people in the remote corners of the country and only see those who can afford to take weekend shopping trips to NY, you might get the impression that the economy is doing ok.
From Wikipedia: https://en.wikipedia.org/wiki/Economy_of_Russia https://en.wikipedia.org/wiki/Economy_of_Russia
> One study estimates that "the wealth held offshore by rich Russians is about three times larger than official net foreign reserves, and is comparable in magnitude to total household financial assets held in Russia."[43]
There is your average run of the mill wealth inequality and then there is the Russian level of wealth inequality in its own special category.
- forgotmysn 8y agoChina's wealth inequality might be in that category as well