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To: Bill Day who wrote (6666)8/15/1998 5:18:00 PM
From: goldsnow  Read Replies (1) | Respond to of 10921
 
<<Russia still has potential, but I think it will be a while before they have the real impact on our economy that Japan and China have. >>

It could be a lot sooner than expected or wanted....One should never look at crisis (any crisis) in Russia through the economic "rose" eyeglasses....Despite a legendary capacity of Russia to take "pain" without questions, Russians started a revolution, almost had one again and likely would revolt "sooner rather than later"....That is mainly because fear, a terrible fear with which Russia was ruled for generations has subsided......and if anyone thought
that this "little" conflict in Bosnia was nasty...look at the Russian history one more time..it is frightening...



To: Bill Day who wrote (6666)8/15/1998 9:06:00 PM
From: LLCF  Read Replies (3) | Respond to of 10921
 
< I am aware of nothing the Russian Government has done to encourage economic development, except for Stalin's various five year plans, using prison labor to help build government run industries. The point I wanted to make was that their citizens have no history of starting and running businesses, or even of the idea that hard work will get you ahead.>

Jeez, its amazing how a people with no "will" to succeed could have such great success in other cultural areas like sports and ballet... and where are all these aggressive business people that the "reds" are complaining about (becoming rich off the rest of the poplulation and the government sell offs) coming from? I would love to know what your credentials for Russian cultural commentary... thanks

DAK

PS... you must REALLY hate the Latin American markets... do they have half the "hutzpah" of the Russian people?