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82
Russia shrugs off sanctions like water off a duck's back. Rubel almost completely back to pre-sanction value. Oh my god, that thing everyone said wouldn't work didn't work! God, I miss Trump. (archive.ph)
posted 4 years ago by GeneralBoobs 4 years ago by GeneralBoobs +82 / -0
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– Gizortnik 6 points 4 years ago +6 / -0

Natural resources don't mean anything if your currency is worthless. Ask almost every poor country which is filled to the brim with exploitable natural resources, and contrast them with places like Japan.

The most important natural resource they have is the giant pile of gold bullion Russia has been collecting over the past decade.

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▲ 6 ▼
– mickmrly 6 points 4 years ago +6 / -0

In poor countries with lots of resources, there are a lot of riches. They are just shared among a very select group of people, with basically nothing for everyone else. Sort of like the west in a few decades really.

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▲ 1 ▼
– nikgtasa 1 point 4 years ago +1 / -0

Sort of like russia with all it's oligarchs exploiting the resources and leaving nothing for the populace?

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– mickmrly 1 point 4 years ago +1 / -0

Sort of like almost every country on earth, including Russia, where the rich and connected enrich themselves with taxpayer help for ever basically. I would've thought Chile was a more potent example then Russia to be honest.

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– deleted 3 points 4 years ago +3 / -0
▲ 2 ▼
– Gizortnik 2 points 4 years ago +2 / -0

The most important natural resource they have is white people.

You were so... SO close to not being a retard.

Instead, you insisted on being silly enough to think that white people wouldn't not exploit their natural resources.

Had you not intentionally been an ideologically possessed, you would have recognized that places with extreme resource wealth, actually tend to fail. This is because the population simply extracts the natural resources that they have and sells them, rather than developing complicated industries or economies in order to profit off of trade. Instead, a lot of places that have few natural resources develop powerful civilizations because they are lacking in those natural resources and seek to build an economy that can flourish despite the lack of resources.

This is actually why Portugal, Belgium, England, Venice, Prussia, Japan, and Cambodia had flourishing empires when their size and lack of resources would indicate that they should be a political back-water.

And unfortunately for you, this also explains why jews, as a mercantile class, significantly benefited different kingdoms that adopted them.

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– deleted 1 point 4 years ago +1 / -0

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