" I will make it then a bit simpler for your understanding.
1. Oil. Go ahead and jawbone the oil to $20. Do not forget to stop Chinese consumption in the process. When you do, think about your current account deficit and how it is covered by Chinese holding T-notes. Ah, sorry, I forgot. We do not talk even simple economics."
Yes - I do apologize for my ignorance - an ignorance that would have doubled an investment in sweet texan crude puts in just 48 hours.
Now how did I know that oil was to plummet?
"When you read some other books in addition to Banfield, you will understand that there are some other pretty important economic factors as well."
What books do you suggest? "Das Kapital", or perhaps a little Heller? Friedman? I don't think you would recommend Hayek.
" I do not give a damn about your investors. Russia is in fact a major investor itself. The goal is to keep these moneys at home. Americans may keep theirs to create some jobs instead of those gone to China."
Yes - that is the mentality that will cause the failure of Russia and that is the moral bankruptcy that Banfield spoke of.
You believe in central control of the economy - we believe in market economy - and always have. If the jobs go to China, we did not want them anyway. Maybe they come back, maybe we create new industries like the internet.
Could the internet have been discovered in Russia? No!
Faith, Freedom, and Market Economy will be our salvation and your demise.
"You may be amused but America was not the main saviour from both Communism and Nazism. The American help is gratefully acknowledged but we did the main portion of the two jobs ourselves. "
Really - I never knew Putin was so active in bringing down the Kremlin and saving the middle east and the far east from tyranny.
The Kremlin would not have fought Hitler unless it was invaded.
Ever hear of Litvinov?
"You do not even know the correct dates of the Ukrainian famine. Note please that the famine of 1932-1933 was every bit as severe in the Russian Don, Kuban and Volga territories. The Communists were killing free peasants, Russians and Ukrainians alike."
I guess you are disputing the fact that the Kremlin killed nearly 3 million in 1921 and 1947.
And regarding the deaths in the caucuses, that is only because they were heavily populated by Ukrainian emmigrants, German emmigrants, cossacks and other enemies of communism. Sorry - your spin has spun out.
http://www.faminegenocide.com/resources/famine_map.html You see, I am really not in the mood to squabble, especially since today is the Holy Saturday. I never said I believe in central control of the economy, and there is no central control of the economy in Russia now. In fact, there is probably more central control in the US than in Russia. Definitely more in Europe. Your jobs go to China because China does not use market controls, it uses central control, in particular, of the exchange rate. Keeping money at home means make them safe there, not expropriate them.
About "discovering" Internet... Ever been to the Silicon Valley? Met Russians there? Really...your new industries work as far as you can find qualified immigrants to run them, and current attitude in the US towards immigrants will likely kill this.
About the famine. I know this trick. I am from a Don cossack family. Tell me my ancestors were being starved for being Ukrainians. They were definitely enemies of Communism but they were not Ukrainians and I despise the fact that their ordeals are being used by Ukrainian nationalists. This is a shameful trick to declare all the victims of Communist expropriations "Ukrainians" to support the dirty nationalist agenda. If I were you I would have been thoroughly ashamed.