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RE: BBC NEWS | Business | Moscow 'has most billionaires'

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RE: BBC NEWS | Business | Moscow 'has most billionaires'
by Lost at 9:39 pm EDT, May 14, 2004

dmv wrote:
] ] The Russian capital Moscow now boasts more billionaires
] ] than any other city in the world, according to a survey
] ] by Forbes magazine.
] ]
] ] The study also estimates that a quarter of Russia's
] ] wealth is now concentrated in the hands of just 100
] ] people.
]
] Sent to me by warday with the comment "I love capitalism!"

It is sort of nice to have an example of a laissez faire (basically) economy, and the horrors associated with it. Other than that, it is entirely tragic.

'"Russia's entering a new stage of capitalism, moving away from the shadow economy, moving away from a black-market type of mentality, towards a more civilised, transparent, open form of capitalism."'

Wow. Russia has finally turned the corner and is on the way to national prosperity. Again. For the tenth time. This year.

RE: BBC NEWS | Business | Moscow 'has most billionaires'


 
 
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