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William Masselink
Econ Lessons
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Comments by "William Masselink" (@williammasselink) on "Russian Monetary Crisis - Fall of the Bank of Russia" video.
@Princip666 Yeah, we're suffering so much we have to beat people away trying to get in. How many people breaking down the door to get into Putin's paradise Russian Federation? Hint: which country has serious demographic decline, 16% interest rates and a collapsed currency nobody wants. That reflects the quality of life in a country. Confidence in the future and economic prosperity to have children and that they will enjoy a better life than you. Even Putin himself laments the small Russian families and demographic decline. Like he's not the cause with his rampant corruption and unsustainable war economy. A whopping one third of Russia's budget is spent on Putin's war. (U.S. military spending is 12% by comparison) That's what affects quality of life in a country (i.e. Russia healthcare is #86 in the world). Any way you cut it, life is infinitely better in America than Putin's repressive dictatorship. And 1.2 million of Russia's best and brightest have already voted with their feet since Putin started his war. How many people have left the U.S. meantime? Like none. And how many people would trade living in America for anywhere else? Like none.
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@NaveenPrasad-x6t Yeah. Wish we had it good like Russia. Right.
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@Princip666 Yeah, boy are we suffering. So do wish we were fortunate enough to live in Putin's dictatorship.
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