04-15-2020, 09:05 AM
Warren,
I am torn between the hyper inflation scenario and the default one. I think a lot also depends on the reserve currency. That is the big question mark.
As for Russia, yes this is pretty much what the youth are complaining about. They want an end to the current oligarchy and for more economic investment into the economy. However, on the other hand, they would like to keep the free socialist stuff as well such as the free healthcare and other government subsidies so it is kind of a toss up.
Like people have told me here, it will take another Putin to bring a better system about which is the standard mantra for the Russia. But Western democracy it will not be.
I am torn between the hyper inflation scenario and the default one. I think a lot also depends on the reserve currency. That is the big question mark.
As for Russia, yes this is pretty much what the youth are complaining about. They want an end to the current oligarchy and for more economic investment into the economy. However, on the other hand, they would like to keep the free socialist stuff as well such as the free healthcare and other government subsidies so it is kind of a toss up.
Like people have told me here, it will take another Putin to bring a better system about which is the standard mantra for the Russia. But Western democracy it will not be.