Originally posted by Omega Vision
Russia is a dying animal--dying animals are often given to violent thrashing and loud noises.Putin is not doing nearly enough to diversify Russia's economy or build strategic relationships that can make future Russia anything more than China's raw material warehouse. His successor will probably find himself in the same situation that Gorbachev found himself at the end of the Soviet Union.
You think that USA is doing good?
Capitalists have shifted much of their manufacturing industry in China for cheap labor. End result is China is an emerging superpower and is expected to outgun USA economically very soon.
In addition, USA have a major debt problem; expenditure is higher then revenue generation. So what is the plan to overcome this issue?
Living standards of Americans also in decline, millions are unemployed and it is not easy for the people to shift back to simplicity after experiencing the taste of materialism and modernism.
Defense budget is also being reduced.
America doesn't have bright future either.