by MOCKBA » Mon 12 Feb 2007, 20:51:44
$this->bbcode_second_pass_quote('threadbear', '
')So, in other words, their economy is like the American's now, except they have oil.
Not quite.
America still has it Microsoft, Ford, Cartepilar, Boeing, John Deer, Tyson (of poultry fame) not to mention JP Morgan, etc. still competing for a piece of a pie. Russia desperately needs but can no longer produce on their own all the products those company make everyday.
Russia is left with Gazprom (on NG side) and Lukoil (on oil side) and a few basic metals companies who seems to care more about market valuation (like buying European utilities - Gazprom, or Citgo gas stations - Lukoil) then the business of extracting hydrocarbons from the ground.