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.
Author - Kathleen Troia McFarland
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