3 ms·
Grain of salt, sure, but it's enough for me as a foreigner to never want to invest in Russia or do business with Russia (or similar states like China). The rule
by rms 15y ago
Grain of salt, sure, but it's enough for me as a foreigner to never want to invest in Russia or do business with Russia (or similar states like China). The rule of law is sublimely important in having a functioning business economy.
Maybe Russia is worse than China in that China everyone knows the rule is that you have to sell out to the government when they ask, and in Russia naive entrepreneurs are going to jail en masse.
- FlowerPower 15y agoMaybe somebody wants you to not consider investing in Russia or China, so these kind of "news" are told. The corruption exists, and it may be more so than in other countries comparativly, that does not mean it is not safe to do business in Russia, it just means that the corruption is open enough so we know about it, unlike the highly advanced countries where the corruption is a similary advanced skill.