Russian Economy Quotes

Russia is a gas station posing as a country.

Russians make up a pretty disproportionate cross-section of a lot of our assets.

Vladimir Putin is leading a dying country. Vladimir Putin's regime exports three things: petroleum products - coal, natural gas, and hydrocarbon energy in the form of petroleum. Number two, it exports arms, and, number three, it exports people.

In general, global economic growth supports Russian economy.

Russia is a gas station masquerading as a country. It's kleptocracy, it's corruption, it's a nation that's really only dependent upon oil and gas for their economy.

If the oil price goes down, Russia will go down. You can track the Ruble, you can track the stock market, just off the price of oil.

Putin recognized that if he could get enough money, everything would be under control.

The Putin regime's income comes from oil and gas exports. If we could crash the price of these commodities, we could bankrupt the regime.

Capitalism in Russia has spawned far more Al Capones than Henry Fords.

In the sense that people who produce things and work get rewarded, statistically. You don't get rewarded precisely for your effort, but in Russia you got rewarded for being alive, but not very well rewarded.

Despite Russia's move to raise interest rates this week, the value of the ruble has continued to crash. Russia's economy is so bad, Edward Snowden had to put government secrets on Craigslist.

Vladimir Putin will be up for reelection, and he has shifted his whole political strategy inside of Russia from one where he promised the Russians pretty much a chicken in every pot, a better economic way of life.

The Russian Labor movement is the youngest and the weakest in Europe.

The monetary policy instruments which Russia has at its disposal are pretty well developed.

The United States must look beyond Mr. Putin. His regime may appear imposing, but it is rotting inside. His Russia is not a great power on par with America. It is a gas station run by a corrupt, autocratic regime.

In Russia, all the property belonged to the state and the most money was made by the people who were involved in privatization. Then 10 years ago the scarcity in Russia was bricks and morter businesses, and many of my engineers … would want to open a chain of drug stores or build homes. Then 5 years ago, many businessmen decided to work for the government. Only now does it make sense to work in technology.

My parents had a normal life in Russia and they could have easily kept living a normal life, working and raising a child in Russia.

Only in the Fall of 1924 did [Joseph] Stalin discover that it is especially Russia, as distinguished from other countries, which can by its own forces build up a socialist society.

Revenge for a terror attack is ideal for Putin's model. His propaganda machine will be filled with scenes of crash victims if [Vladimir] Putin sees the need for a larger war to stoke his domestic support again as the Russian economy teeters.

I am interested in the subject which is Russia.

Russia depends on natural resources way too much. Russian economy is not diversified enough

Russia is really a sort of a nonentity when it comes to - the economy is the size of the state of New York. Their military budget is 5 percent of the U.S. military budget. We shouldn't even be thinking about Russia other than the fact that they're sort of putting their nose into every bit of terrible activity all over the world.

They [leaders in Western Europe] do not misuse financial instruments, financial injections, but, first of all, seek structural change. This is urgent for our economy as well, maybe even more urgent bearing in mind the problem that we cannot yet deal with, namely the prevalence of the oil and gas sector in the Russian Federation and, as a result, dependence on revenue from oil and gas.

The Russian economy is tanking. It's gotten so bad that today Vladimir Putin had to pawn his stolen Super Bowl ring. And Putin will finance his next invasion on Kickstarter.

There is no need for the Russian state to hold such large stakes and we do intend to put our plans into practice. It is not about whether we want it or not, it is about this being practical or not and the best timing. In general, it is practical from at least one point of view - from the point of view of structural changes in the economy.