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12-01-2013, 10:23 AM
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Originally Posted by Den View Post
BTW, 59% of Russian GDP is services... The importance of oil is a little overblown, but addmitingly, a little, since naturally, services (banks, etc) function around an industry...
Russia economy is definately not just oil and gas export. Obviously we depend on them a lot, but compared to EU and USA with their debt economics we are not so bad.

However, with our resources and possibilities, we should have been in much better shape right now.

Out system is corrupt and that is a hindrance. Though system in West is IMO even more corrupt.

Garl is offline