January 27, 2007

The Russian House

After the fall of the Soviet Union, Russia became an anathema to those who used to fear it in its more powerful days.

A person in debt can learn a lot from Russia. Instead of listening to outside sources for advice, as the lesson of Russia teaches us, look into your own house and see what you can do to fix it from the outside. Like the failed IMF policies in Russia (that only led to more debt)

And once you are out of debt, like Russia you will have more power. Just KNOW YOURSELF and you will be out of debt quicker and with less possible risk of failure if you exercise self control while you know yourself. It is really a good process.

So, how are the Russians now? This article points to their attitude (and possible risks in the future:

"The problem is that they feel that they've been humiliated in the post-Cold- War world, that they haven't been granted their place in the world and they're resurging with a vengeance," said Clifford Kupchan, a long-time Russia watcher and a director of the Eurasia Group, a political-risk consulting firm, in an interview earlier this month. "And that has taken the form of a very strong- armed energy policy."

But as always, only Russia knows its real position just as only you know your true position.

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