More legitimate than Russia's oil price dependent budget, sorry.
I would say recent events seem to show it is not an oil dependent budget or economy... because if it was it would be dead. Right now it is just not growing.
2008 bubble (despite being product in large part due to shitty US company practices) showed how much of the world still trusts the US economy and in the central place of the dollar in the international economic system.
Bollocks... what it shows is that there is no current viable alternative... they aren't fucking idiots... they know this whole stack of cards is designed to keep the US exactly where it is...
Real valuable currency right there. Such a big financial player in the world Russia is.
And where was the US economy 25 years after it was created?
The American private sector is leagues above Russia's. Not even much of a comparison to make right there.
American consumerism is killing the world, if the rest of the world follows might as well start WWIII now.
The free market is supposed to be some dynamic system that self rights and self corrects and will lead us to a bright future... what it really leads to is informercials on TV with shiny pretty aholes trying to sell you shit you don't need.... but wait there's more... we sell so cheap we can't afford to pay real people to make this shit so it has to be made in some third world country... with the devaluation of the Rouble I would find it totally hilarious if the next batch of consumer crap to hit the western markets comes from Russia...
As for military, won't even go there. Money speaks.
Actually I would say the opposite... the US and NATO is clearly not interested in sending troops into the Ukraine to take back the Crimea, or even South Ossetia or Abkhazia... what the fuck is the point of NATO if they are afraid of Russia? Isn't that the whole point of NATO?
Can't use NATO because Russia might use nukes... so I repeat WTF is the point of NATO... Russia will never give up its nukes and will likely start building more after 2021 when the Moscow Treaty expires and the US has ABM systems all over the place.
Yeah I live in both countries, so I can make a comparison based on first hand experience as well. Not a comparison that favors Russia.
Yeah... I have eaten apples and I have eaten oranges but my opinion is still just my opinion.
It doesn't help me, it is a sad fact that Russia's economy is run by thieves and morons.
Yes... the western banking system is run by angels on earth to protect the sanctity of man.
Of course if I had a few million dollars I could wine and dine a few congressmen to get a law change to benefit me personally at who knows what cost to the average voter or non voter... but after all that is democracy isn't it?
There is a reason so many Russians leave the country to do their business elsewhere- and I am not talking about the thieves who stay in Russia while shipping their money out into Swiss banks or London real estate.
It is called economic migration... who would live in a country with a hard climate with economic problems when they can run away to a place where roads are already built and there is running water and lots of shops... just look at the US Mexico border.
Many people in Europe ran away from their problems like the class system or lack of jobs to move to the new world... Australia, New Zealand, the US etc for every person there was a different reason.... but does that make all of Europe a shit hole? There are actually people travelling the other way too.... Siberia is like a resource rich Alaska...
Every few years in New Zealand a politician complains about bright young Kiwis heading across the ditch to Aussie because the pay is better and things are cheaper and there is more work.... blah blah blah. Some go and come back with lots of money, some never come back, some come back to start a family.
Awful business climate, and all due to the self-serving government in power.
Get a dictionary mate... look up the opposite of self serving and you can bet your ass there will be no mention of the US government mentioned.
If the business climate is bad... you could stay and weather it out or you can fuck off... you clearly chose the latter... but does that make you an expert or a quitter?
It is only going to get worse before it gets better, if ever.
If you mean better as in more like the west then I hope it never gets "better".
If you mean better as in fair for everyone including those that are not already rich then that is a goal to aim for.
You can say all you want about the ruble, the fact is nobody has used it to stabilize their currency and economic prognosis (outside the CIS, and even then, not really), nobody buys it up like they do dollar denominated assets, nobody holds substantial amounts of it as their foreign exchange reserves....I could go on and on. Countries that rely on the ruble due to their dependance on Russia (Belarus, Kazakhstan, etc) have been feeling just how hollow the ruble is with the recent devaluation.
Alternatives to the US dollar are being sought... it has a bleak future because of this... once serious alternatives are available the US dollar will decline... probably rapidly.