On Jul 14, 2006, at 5:03 AM, Chris Doss wrote:
> I was looking at some of the stats earlier today. It's
> incredible. 10% growth in real wages every years for
> the past six years. $250 billion dollars in gold and
> forex reserves! In August, Russia will pay off the
> very last of its Paris Club dept. It is hard to
> imagine that this is the same country that crashed in
> 1998. It's really astonishing when you look at the
> sheer scale of change.
And how much of this is the result of $75 oil? Were oil to collapse like it did in 1986, what would happen to Russia?
Doug