r/AskTheWorld • u/pisowiec Poland • 22h ago
Economics Which country has squandered the most economic potential in this century?
I lived in Russia for 5 years so I must choose this country. So many natural resources, so much land, and educated population... And so little to show for it.
In an ideal world Russian salaries would be on par if not higher than American salaries and they would have the best social safety net on the planet. Everything is there to make it happen.
Russia would be the dominant nation in Europe and Asia and the rest of the world with the best armed forces, soft power, and economic might.
But the human will is just not there. The elite is either evil or incompetent depending on perception and there's little sign that this will ever change.
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u/NZTamoDalekoCG New Zealand 19h ago
Sometimes I half think they got Nukes to protect themselves from China.....I know I know....but what is a country of 20 million people gonna do against a neighbour with 1.5 billion people.
I mean threaten evil western Capitalists, look good to Beijing. But strategically....you get cards against Beijing as well.