SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Ed Newman who wrote (18540)6/5/1998 11:09:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Ed Newman-off topic

I am an eternal optimist. I agree with your concerns on Russia, there is a lot of tinder in Russian backyard. I will not like to put my money in Russia but I strongly believe that if we need peace in Europe and a stable world we need to put some investments in Russia. Overnight we have seen transformation of 'controlled' economy to free market this could only be a plot of Tom Clancy's fiction novels. One of the largest nuclear power over night decided to adapt and integrate instead of confrontation.

We have one small thing in economy called as 'negative subtractors', it were these negative subtractors which like cancer cells hollowed Russian economy. Let me explain for you what does negative subtractors mean in some economies we reach a point where input cost due to lack of productivity and efficiency is higher than the out put price. So whatever you produce you will just not have margin of profit. Russian landscape is a living graveyard of millions of such state owned enterprises and there is no way without external help that they have any chance of success.

. I think that US politicians as well as Europeans owe it to the world to support reforms in Russia. I know Zhirovinsky and the communists lurking in the shadows if Yelstin slip global peace and security will be the biggest victim. I see a good future for mankind if ways leading to totalitarianism are slammed shut by human endeavour if not more then the famous 'Marshall Plan'. I just don't see any logic behind US policy to decelerate investment. Russia needs investment of more than 100 billion $'s in next few years if that is not forth coming I see fragmentation and balkanisation of Russia. This is a long shot but spectre of this sends shiver down my spine. The only way forward is not the use of coercive policies but rather a huge plan to re-engineer Russia. A Russia sliding down in economic oblivion is biggest threat to mankind.

I would think that assets in Russia are valued attractively but what is the point of assets when human life has lost all significance. I don't know how to go about it but I am concerned at the pettiness and moral bankruptcy of OECD countries that by ignoring Russian crisis are accelerating the inevitable.

Mr Clinton, Kohl and Jaques Chirac and not to forget PM of my second home Tony Blair should take immediate steps to correct this seemingly unruly situation. The way out is integrate Russian economy, give people to eat and let them perform better. A man without any assets has no respect for life, if you need to cultivate 'peace' one needs to remove the inequalities and inequities of the communist system. Sooner it is the better we all will be. How about 10 cents 'peace tax' on all fuel consumed in OECD countries.

Nations with only 20% of global populations have toxic emissions equal to 68% of pollution and green house gasses. I think that due to established OECD disproportionate share of global environmental degradation they also should have disproportionate share of responsibility to maintain peace. Peace does not come on back of famine, hunger and deprivation. We need filled stomachs and help should come from those who are bestowed with more. I think of a future day as my mind traverses thousands of years ahead, I think that 'historians' of that era will never forgive the haves for what appears a great opportunity to bring peace in this world.