Dupe entry: Hot-Blooded Vlad
"Yet [Russia] was heavily dependent on oil and gas, which should have fetched Mr. Putins concern. In a vigorous economy such as Korea or the Czech Republic, manufacturing contributes at least 20 percent of GDP. In Russia that figure is 15 percent. According to the International Monetary Funds figures, if you leave out oil and gas Russias non-oil revenues are now in 11 percent deficit of GDP, and now Russia is taking on an economic basket case, Crimea. It will cost Moscow billions."
..who knows. Maybe Cmdr. Zerro has serendipitously watched Mr. Putin stumble into an Uncle Remus moment..
Posted by: Uncle Phester 2014-03-27 |