daddycool, They need to get the money down to the grass roots. Russia's problems started with the privatisation of industries to gangsters and other insiders. The products were sold for US$ and that put in Swiss and other banks. Nothing got back to pay for the aluminum, steel, gold, diamonds etc and the workers did not get paid.
Russian workers are microcapitalists. Each one acts like a small trader, toilet paper, sugar etc when they find some they grab it and trade it for other needed goods. The roubles are nearly useless.
they need to feed roubles and inventory to the pensioners, housewives, police, workers etc and feeed the economy with classic grass roots demand by workers for staples. Let the US provide those staples by supplementing what they already have. make sure that food reaches the retail level and is sold and they will start some kind of money trickel up and products trickle down economy. The russaisn can do very well as long as you keep their "leaders"(fearless, all) out of the loop. the commissars all changed hats and took of their red stars and put on uncle sam striped pants. inside just greedy commies with no idea how to run an economy. they need a chaotic random economy with the gangsters in chack by army to allow small coalescences of people and capital to form small traders, freighters etc. Allow it and it will happen. they had the monopoly and the gansters extorting money from all business startups all the time.
Bill |
