131. Adventures in Late Stage Fiat: Russia with Lana Nagornaia
The Bitcoin Standard Podcast
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How Does Russia's Economy Different From Other Countries?
Russia is the world's largest exporter of natural gas and the second largest exported of oil. The standard of living in russia is much lower than in spain, despite the fact that we are a major experts of resources. Oil and gas sales provide about 50 % of russia's budget and up to 60% of its experts. In this respect, Russia looks more resilent to crisis than man any other countries. On the other hand, dependence on natural resources makes russia vulnerable.
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