The West north, including Russia, tends to reside in needed "Power Sleep" amidst the the defective crookery which is the masses hyper-agitations against the true form few who are really individuated. Many hyper-imitators/hype r-agitators are High Educated, but only mimicry. Thus Russia & others do not always realize; recognize explicitly, what is the real explicit factual basis. First, all Ratings are Faked; and actual Ratings Scam made by convention/agreement : legalized sadism-parasitism. For example Italy must pay an "Extent Tax" mandated by the Ratings Agencies: so that others can take part of Italys' high quality maniac technical individuated profit results. It's the same against Russia. Presently the financial-economic reporting exposes that actually the Federal Reserve is structuring a de facto "pro-inflationary" movement in the extreme present: to "cause principals/owners to borrow from Lenders"; as if that will save the economic implosion. Russia being a "Tangible" producer; a powerhouse of tangible economic results; is now targeted by multifold defective interests whose motive is to "take". In fact a major component of the causes of the '08 global financial obliteration was the creeping fact during 30 years to make that the Lender Owns All, but the Tangible Producer Owns nothing. The Principal is all obliterated, permanently void; and therefore the FED & all other international party's are saying that "Interest" on Lending is all and is the only definition of "Growth". In that complex, though, it won't prove real results: because the permanent, forever condition that Euro is freaking about is that "each increase-power at Supply will instantly void-fragment Supply". What actual "Resources" does Greece have? Zero. Therefore it is parasitically mandated that Russia must pay extra. Wake up from Power Sleep, to Explicit knowledge fact.

Russia has the potential to become the most stable economy of the world. They just need to get rid of the international finance mafia. It's time for an independent rating agency.

AmericanInRomania (unregistered) wrote in #2
Russia has SOOO much potential economically, but seems unable to get away from its dependance on oil sales.  If Russia fixed and got its legal and accounting practices to international standards and got a grip on the endless corruption, it could be an economic giant.  Cheap energy, plenty of cheap semi-skilled labor and trade access.  Oil has, since the Soviets, perverted Russia and allowed a government to act independently from the people because oil pays the bills.  It is time for Russia to take the blessings of natural resources and make a real and diverse globalized economy.  Russia has what it takes, but needs the political will to make thechanges needed to make it happen and, I hope they do. ------------- -
I wonder why nobody wants to lecture Saudi Arabia, where according to CIA Factbook "petroleum sector accounts for roughly 80% of budget revenues" or Qatar with their 70%? In Russia it's below 50%.

Why don't I see a lot of articles and comments discussing the dependence of Qatar and Saudi on oil, blaming them for their undiversified economy, promising the apocalypse if they won't diversify it in the next few days, etc?

In US 80% of GDP are "services" (that is, John mowed Jim's lawn and Jim paid him $1, then Jim mowed John's lawn and John paid him $1, so they produced nothing and gained nothing but their GDP is $2) - does it mean they need to diversify it immediately to produce something real besides the "services"? Isn't it bad to have dependence on "services"?