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by ajross
3364 days ago
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At least some of that may be simple circumstance. When GDP growth is at 7%, it makes more sense for the oligarchs to invest in whatever is hot than it does to steal (everyone's getting rich, why take the risk and make the enemies?). The US remains mostly uncorrupt at 2.2%. Russia's GDP growth is at 1.3% per my quick google search, which is well underneath inflation. If you're sitting at the top with a mostly asset-dominated income, you have to be stealing if you want to grow. So only the thieves win. |
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