Quotes & Sayings About Russian Economy

Economists believe there are three reasons why the Russian economy is doing so poorly. One, economic sanctions are working. Number two, low-price oil. And number three, Lindsay Lohan has quit drinking vodka. — David Letterman

Visas represent one bureaucratic obstacle, so to say and, if removed, might increase the inflow of Russian money into the Czech economy. And not only Russian money, but Russian tourists, Russian entrepreneurs and so on. — Milos Zeman

In Soviet thinking the concept of economy of force has little place. Whereas to an Englishman the taking of a sledgehammer to crack a nut is a wrong decision and a sign of mental immaturity ... in Russian eyes the cracking of nuts is clearly what sledgehammers are for. — Max Hastings

Russia depends on natural resources way too much. Russian economy is not diversified enough — Kenneth Rogoff

In 2001, the oil companies, the war contractors and the Neo-Con-Artists seized the economy and added $4 trillion of unproductive spending to the national debt. We now pay four times more for defence, three times more for gasoline and home-heating oil and twice what we payed for health-care. Millions of Americans have lost their jobs, their homes, their health-care, their pensions; trillions of dollars for an unnecessary war payed for with borrowed money. Tens of billions of dollars in cash and weapons disappeared into thin air at the cost of the lives of our troops and innocent Iraqis, while all the President's oil men are maneuvering on Iraq's oil. Borrowed money to bomb bridges in Iraq, Afghanistan and Pakistan. No money to rebuild bridges in America. Borrowed money to start a hot war with Iran, now we have another cold war with Russia and the American economy has become a game of Russian roulette. — Dennis Kucinich

But in the 17th century Russian Orthodoxy was gravely weakened by an internal schism. In the 18th, the country was shaken by Peter's forcibly imposed transformations, which favored the economy, the state, and the military at the expense of the religious spirit and national life. And along with this lopsided Petrine enlightenment, Russia felt the first whiff of secularism; its subtle poisons permeated the educated classes in the course of the 19th century and opened the path to Marxism. By the time of the Revolution, faith had virtually disappeared in Russian educated circles; and amongst the uneducated, its health was threatened. — Aleksandr Solzhenitsyn

It sometimes seems to me that some of our Western partners do not want Russia to fully recover. They would like Russia to be in a subdued state, and they want Russian resources to be used for the benefit of the U.S. economy. — Mikhail Gorbachev

Russia does not have a modern economy: it's a petro-power. The only thing it sells that the world wants to buy is oil and natural gas. When was the last time anyone bought a Russian computer? A Russian car? A Russian cell phone? Russia is so dependent on high energy prices that if oil falls below $100 a barrel, the Kremlin can't meet payroll. — Kathleen Troia McFarland

Women's liberation, if not the most extreme then certainly the most influential neo-Marxist movement in America, has done to the American home what communism did to the Russian economy, and most of the ruin is irreversible. By defining relations between men and women in terms of power and competition instead of reciprocity and cooperation, the movement tore apart the most basic and fragile contract in human society, the unit from which all other social institutions draw their strength. — Ruth Wisse

The Russian economy is tanking. It's gotten so bad that today Vladimir Putin had to pawn his stolen Super Bowl ring. And Putin will finance his next invasion on Kickstarter. — David Letterman

Revenge for a terror attack is ideal for Putin's model. His propaganda machine will be filled with scenes of crash victims if [Vladimir] Putin sees the need for a larger war to stoke his domestic support again as the Russian economy teeters. — Garry Kasparov

Partly, the Russian system succeeds because, in contrast to the Western industrial economies, it makes full use of its manpower. — John Kenneth Galbraith

"This compound should be available from most good drugstores." I got increasingly annoyed with this phrase because in the world I lived in, even ordinary soap was available only intermittently ... In an economy that operated by central planning, shortages of just about everything were commonplace." the author dexcribing life in Hungary in the 1950s under Communist Russian rule. — Andrew S. Grove

The Russian economy was strong, though only the wealthy seemed to enjoy the benefits. Throughout 1913 the stock market surged to record levels, — Paul Ham

Peter the Great was probably the equal, in dedication, power and ruthlessness, of many of the most successful revolutionary or nationalist leaders. Yet he failed in his chief purpose, which was to turn Russia into a Western nation. And the reason he failed was that he did not infuse the Russian masses with some soul-stirring enthusiasm. He either did not think it necessary or did not know how to make of his purpose a holy cause. It is not strange that the Bolshevik revolutionaries who wiped out the last of the Czars and Romanovs should have a sense of kinship with Peter - a Czar and a Romanov. For his purpose is now theirs, and they hope to succeed where he failed. The Bolshevik revolution may figure in history as much an attempt to modernize a sixth of the world's surface as an attempt to build a Communist economy. The — Eric Hoffer