[p2p-research] Job Losses and Productivity

Maria Droujkova droujkova at gmail.com
Wed May 19 18:02:14 CEST 2010


On Wed, May 19, 2010 at 11:56 AM, Ryan Lanham <rlanham1963 at gmail.com> wrote:

> Hi Michel,
>
> I doubt there is any sovereign credit left for most nations.  Even those
> with low national debts (e.g. Canada and Norway) have exceedingly high
> consumer debt loads.  Two countries looking relatively good long term are
> Russia and Brazil.  Both are politically unstable (comparatively) but
> economically promising.  Politics is relatively easy to fix.
>

How is politics easy to fix? I don't know Brazil well enough, but as far as
Russia, I don't see forces that could fix its politics (or its economy, or
its public health) at all, let alone easily. The average life expectancy
there, for starters, has been dropping to where it's now almost at 19th
century levels.

MariaD
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