I see the West as having highly inflated currencies. High debt, high deficits, greatly negative trade balances, society flirting with marxism and allowing social chaos everywhere
Meanwhile, the Ruble dropped something like 15% during this crisis. It was already insanely cheap - a government with little debt, no external / no FX debt, high-energy reserves, highly intelligent and culturally uniform people, who have left behind marxism and desire social stability.
Russian assets of all kinds must be an absolute steal at this moment.
True, I’ve seen a study by the Chicago economist stipulating that the monthly income of $1600 in Moscow gets you a higher living standard than the annual income of $70,000 in Chicago.
Hamburger in McDonalds costs half a dollar in Russia.