When it comes to INTRINSIC WEALTH, Russia is the wealthiest nation in the world.
By far.
I once went to lunch with a man that wanted to buy an apartment project I had just finished. Trying to impress me, he took me to a local very high class restaurant. When the tab came, he threw his credit card on the table. It bounced! I had to pick up the tab.
What’s the lesson re INTRINSIC wealth??? Even though he had a ten million dollar statement, he was broke CASH wise!
Russia will have to find investors to DEVELOP their INTRINSIC wealth because they have zero cash or soon will.
1,000 + companies have already told Russia FY......we are moving out and not coming back. Russia’s name for the foreseeable decades is MUD to investors.......as it should be.
That explains why the usual suspects are seeking to destroy it.