Friday, 20 May 2022

Russia, Will They Match Rhodesia, SA?

Russia is apparently suffering from a trade embargo imposed because of it's invasion of Ukraine.

It is damned near impossible to get unbiased reports from Russia, particularly on the impact of that embargo.

I am reminded of similar restrictions placed on Rhodesia and South Africa a few decades ago.

Both countries economies went gang-busters. They became some of the richest countries in the world and certainly led non-oil-exporting countries by some distance.

They were referred to by many as the bread basket of Sub-Saharan Africa.

It was only when they gave in to the rest of the world and their borders opened up for international trade that their economic troubles started.

Both countries are now in serious economic difficulty.

Russia, like those two countries, has easily enough natural resources to match those two African entities and create a healthy, independent economy that will outshine most, if not all, of the world's countries for decades to come.

Going it alone will almost certainly be beneficial to them for the years ahead.

I am noting the start of this , if only so I can loudly state: "I told you so" when it happens.

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