[lbo-talk] Oil & Russia

Jim Devine jdevine03 at gmail.com
Sat Apr 15 10:11:19 PDT 2006


how fast is inflation happening? if the oil price were to go down by, say, 30% for a few years, how would the Docs fare?

On 4/15/06, Chris Doss <lookoverhere1 at yahoo.com> wrote:
> You know, these things kind of sneak up on you
> gradually so you don't notice the overall scale of the
> change when you're emersed in it. But I was
> impressively reminded today of just how enormous the
> gap is behind the Russian economy in 2000 and today.
> The wife of my coworker's is a medical assistant at a
> Moscow public hospital. In 2000, the average monthly
> wage of doctors in her hospital was about $80.
>
> Today, it is $1,200...

-- Jim Devine / "There can be no real individual freedom in the presence of economic insecurity." -- Chester Bowles



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