Max Keiser quote

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Russia's economy is both cursed and blessed by oil. When the oil price goes up, there is a tremendous 'wealth effect' spilling over into all corners of the economy, but this diminishes the drive to develop other industries to diversify away from overreliance on oil.
Max Keiser
Max Keiser
Max Keiser
Born: Jan 23, 1960

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Wealth, Drive, Blessed, Other, Corners, Tremendous, Diminishes, Spilling, Russia, Diversify, Both, Price, Develop, Over, Economy, Industries, Effect, Up, Goes, Oil, Cursed, Away

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