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Since inheriting a ruined economy from the drunkard Boris Yeltsin in 2000, Putin’s reforms have powered and propelled a broken and ransacked gangster state into what is now the 5th largest economy in the world (recently surpassing Germany!). Living standards, wages, birth rates, life expectancy are all up and rising. The secret behind Russia’s rapid rise and continued growth, despite Western sanctions, are its pro-business policies which include a 13% flat income tax, decentralization, deregulation and minimal state debt. Private enterprise, including a rapidly growing private health care sector, is growing and the historically underdeveloped Far East is also progressing.
above – New Moscow Business District
above – Jimmy Rogers
“Forget U.S. markets, I’m buying Chinese and Russian stocks”
May 2014 / Legendary Investor Jim Rogers:
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“We are determined to use any means to strengthen positive demographic tendencies (birth rates). …we need to save the people of Russia.”
Source Article from http://smoloko.com/?p=8415
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