Showing posts with label Russia. Show all posts
Showing posts with label Russia. Show all posts

Tuesday, July 26, 2011

Unbridled Privatization? Yes Please, Says Boris the Politician.


Oh my goodness. This graphic came from a New York Times article covering India's rich and the national economy, but what really jumped out at me is the proportion of billionaire wealth that is in the Russian economy. When I think of crony capitalism and shadily acquired wealth Russia is definitely the first country that comes to mind. Russian billionaires hold almost 30% of the entire nation's GDP. My my, what a long way the country has come from communism...

The article itself is interesting too.