The Russian economy consists of Natural gas and oil, take these two commodities out of the equation, their economy will collapse. Can't help but wonder what Russians will do when alternative energy becomes a free commodity.
@rexirexi Russia knew what happened to the Middle East's single commodity export-based economies in that region. So Russia has wisely invested it's oil & natural gas revenues on human resources ,science-driven high technologies-based industries, engineering-based industries, economic infra-technostructures, & other key critical strategic industries. The basic industries are locally complete already, since they're strategic time is on our side for they're self-replicating & self-regenerating.
Russian government is a big bureaucratic mess, not too different from the Soviet one. That's why almost nothing ever gets done (i.e. few & bad roads, lots of places without electricity, business environment with very little industry outside natural resources). Medvedev & Putin are trying on a federal level, but with such rampant corruption continuing on the local level, any hope of sustained economic progress is pure fantasy
Because some other "leaders" usually use speechwriters and are afraid of uncomfortable questions. Medvedev is open for any questions, because he know that he is talking the truth and hide nothing. Unlike American presidents, for example. They like to teach Russia about "freedom of speech", but they don't have it in their countries..
economic virus
Shrunkenhead61 6 months ago
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hermanswain 1 year ago
RUssia sucks
k0rea12 1 year ago
The Russian economy consists of Natural gas and oil, take these two commodities out of the equation, their economy will collapse. Can't help but wonder what Russians will do when alternative energy becomes a free commodity.
rexirexi 1 year ago
@rexirexi Russia knew what happened to the Middle East's single commodity export-based economies in that region. So Russia has wisely invested it's oil & natural gas revenues on human resources ,science-driven high technologies-based industries, engineering-based industries, economic infra-technostructures, & other key critical strategic industries. The basic industries are locally complete already, since they're strategic time is on our side for they're self-replicating & self-regenerating.
darthvader5300 3 months ago
I love people, who makes conclusions about problems and matters, they dont know.
T1monable 1 year ago
So what do you think will be with the russian economy in future?
GTXMAN 2 years ago
He is very well educated on economic matters. I am impressed.
Nickalispicalis 2 years ago
I thought Medvedev was fluent in English. Why the earpiece ?
Nickalispicalis 2 years ago
@Nickalispicalis i think even putin isnt fluent in english
KUBZ12345 8 months ago
Russian government is a big bureaucratic mess, not too different from the Soviet one. That's why almost nothing ever gets done (i.e. few & bad roads, lots of places without electricity, business environment with very little industry outside natural resources). Medvedev & Putin are trying on a federal level, but with such rampant corruption continuing on the local level, any hope of sustained economic progress is pure fantasy
bigmedge 2 years ago
"We continue to accumulate gold and currency reserves"
gold going to 5000 / oz
fostereric 2 years ago
I love it how candid this guy is. It's quite rare to have long interviews like this with the leader of a nation.
danmanjones 2 years ago 4
Because some other "leaders" usually use speechwriters and are afraid of uncomfortable questions. Medvedev is open for any questions, because he know that he is talking the truth and hide nothing. Unlike American presidents, for example. They like to teach Russia about "freedom of speech", but they don't have it in their countries..
igorvasilevsky 2 years ago 5
Good interview.
charlessmyth 2 years ago 2
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wheres putin? is he being boned by black russians?
StunningBlow 2 years ago
whats up with your gay interracial fantasies?
jayblaze12 2 years ago 4