--- title: "14 Russian economy Quotes by 11 authors" description: "Browse 14 Russian economy quotes by 11 authors. Discover the best Russian economy sayings and thoughts." image: "https://sms4smile.com/quotes/i/fbe/kenneth-rogoff-21604_depends_russia-depends-on-natural-resources-way_1588500.jpg" --- > [Russia depends on natural resources way too much. Russian economy is not diversified enough](https://sms4smile.com/quotes/kenneth-rogoff/russia-depends-on-natural-resources-way-too-much-russian-economy-is/) [Kenneth Rogoff](https://sms4smile.com/quotes/author/kenneth-rogoff/) [Image](https://sms4smile.com/quotes/i/fbe/kenneth-rogoff-21604_depends_russia-depends-on-natural-resources-way_1588500.jpg) > [The Russian economy is way down because of the price of oil, and because the USSR was a big chunk of it.](https://sms4smile.com/quotes/michael-bloomberg/the-russian-economy-is-way-down-because-of-the-price-of-oil-and/) [Michael Bloomberg](https://sms4smile.com/quotes/author/michael-bloomberg/) [Image](https://sms4smile.com/quotes/i/460/michael-bloomberg-1293_bigs_the-russian-economy-is-way-down-because_916129.png) > [America is stronger than Russia. Our economy is 16 times larger than the Russian economy.](https://sms4smile.com/quotes/mike-pence/america-is-stronger-than-russia-our-economy-is-16-times-larger-than/) [Mike Pence](https://sms4smile.com/quotes/author/mike-pence/) [Image](https://sms4smile.com/quotes/i/573/mike-pence-577_america_america-is-stronger-than-russia-our-econ_4516.png) > [In general, global economic growth supports Russian economy.](https://sms4smile.com/quotes/elvira-nabiullina/in-general-global-economic-growth-supports-russian-economy/) [Elvira Nabiullina](https://sms4smile.com/quotes/author/elvira-nabiullina/) [Image](https://sms4smile.com/quotes/i/c12/elvira-nabiullina-26441_economic-growth_in-general-global-economic-growth-suppor_1472113.jpg) > [Economists believe there are three reasons why the Russian economy is doing so poorly. One, economic sanctions are working. Number two, low-price…](https://sms4smile.com/quotes/david-letterman/economists-believe-there-are-three-reasons-why-the-russian-economy-is/) [David Letterman](https://sms4smile.com/quotes/author/david-letterman/) [Image](https://sms4smile.com/quotes/i/4b3/david-letterman-378_believe_economists-believe-there-are-three-reaso_528432.jpg) > [It is true that the role of the state in the Russian economy may be too big today, but from the fiscal…](https://sms4smile.com/quotes/vladimir-putin/it-is-true-that-the-role-of-the-state-in-the-russian-economy-may-be/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) [Image](https://sms4smile.com/quotes/i/f3f/vladimir-putin-261_bigs_it-is-true-that-the-role-of-the-state-in_1282043.jpg) > [The Russian economy is tanking. It's gotten so bad that today Vladimir Putin had to pawn his stolen Super Bowl ring. And…](https://sms4smile.com/quotes/david-letterman/the-russian-economy-is-tanking-it-s-gotten-so-bad-that-today-vladimir/) [David Letterman](https://sms4smile.com/quotes/author/david-letterman/) [Image](https://sms4smile.com/quotes/i/33c/david-letterman-378_bowls_the-russian-economy-is-tanking-it-s-gott_2829619.jpg) > [In other words, we do not have to be obsessed with privatizing immediately and at any cost. No, we will not do…](https://sms4smile.com/quotes/vladimir-putin/in-other-words-we-do-not-have-to-be-obsessed-with-privatizing/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) [Image](https://sms4smile.com/quotes/i/dd8/vladimir-putin-261_benefits_in-other-words-we-do-not-have-to-be-obse_2471035.jpg) > [The effect of sanctions on the Russian economy are clear to everybody, first to the Russians and to the Russian leadership, and…](https://sms4smile.com/quotes/federica-mogherini/the-effect-of-sanctions-on-the-russian-economy-are-clear-to-everybody/) [Federica Mogherini](https://sms4smile.com/quotes/author/federica-mogherini/) [Image](https://sms4smile.com/quotes/i/5e4/federica-mogherini-10664_circle_the-effect-of-sanctions-on-the-russian-e_2145829.jpg) > [“The Russian economy was strong, though only the wealthy seemed to enjoy the benefits. Throughout 1913 the stock market surged to record levels,”](https://sms4smile.com/quotes/paul-ham/the-russian-economy-was-strong-though-only-the-wealthy-seemed-to/) [Paul Ham](https://sms4smile.com/quotes/author/paul-ham/) [Image](https://sms4smile.com/quotes/i/953/paul-ham-27436_investing_the-russian-economy-was-strong-though-on_2056620.jpg) > [A lot of the Russian economy is built around people who are one way or another milking the state and taking money…](https://sms4smile.com/quotes/anne-applebaum/a-lot-of-the-russian-economy-is-built-around-people-who-are-one-way/) [Anne Applebaum](https://sms4smile.com/quotes/author/anne-applebaum/) [Image](https://sms4smile.com/quotes/i/7d7/anne-applebaum-2544_bank-account_a-lot-of-the-russian-economy-is-built-ar_3230187.png) > [Revenge for a terror attack is ideal for Putin's model. His propaganda machine will be filled with scenes of crash victims if…](https://sms4smile.com/quotes/garry-kasparov/revenge-for-a-terror-attack-is-ideal-for-putin-s-model-his-propaganda/) [Garry Kasparov](https://sms4smile.com/quotes/author/garry-kasparov/) [Image](https://sms4smile.com/quotes/i/48d/garry-kasparov-910_computers_revenge-for-a-terror-attack-is-ideal-for_1253329.jpg) > [The Russian economy is about the size of the Italian economy; it's very small, and Russia's military force is larger than it…](https://sms4smile.com/quotes/anne-applebaum/the-russian-economy-is-about-the-size-of-the-italian-economy-it-s/) [Anne Applebaum](https://sms4smile.com/quotes/author/anne-applebaum/) [Image](https://sms4smile.com/quotes/i/fff/anne-applebaum-2544_aim_the-russian-economy-is-about-the-size-of_2922918.jpg) > [Women's liberation, if not the most extreme then certainly the most influential neo-Marxist movement in America, has done to the American home…](https://sms4smile.com/quotes/ruth-wisse/women-s-liberation-if-not-the-most-extreme-then-certainly-the-most/) [Ruth Wisse](https://sms4smile.com/quotes/author/ruth-wisse/) [Image](https://sms4smile.com/quotes/i/34a/ruth-wisse-73731_america_women-s-liberation-if-not-the-most-extre_306295.jpg) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/russian-economy/#itemlist", "name": "Russian economy Quotes", "numberOfItems": 14, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "Russia depends on natural resources way too much. Russian economy is not diversified enough", "creator": { "@type": "Person", "name": "Kenneth Rogoff" }, "url": "https://sms4smile.com/quotes/kenneth-rogoff/russia-depends-on-natural-resources-way-too-much-russian-economy-is/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/fbe/kenneth-rogoff-21604_depends_russia-depends-on-natural-resources-way_1588500.jpg", "contentUrl": "https://sms4smile.com/quotes/i/fbe/kenneth-rogoff-21604_depends_russia-depends-on-natural-resources-way_1588500.jpg", "url": "https://sms4smile.com/quotes/i/fbe/kenneth-rogoff-21604_depends_russia-depends-on-natural-resources-way_1588500.jpg", "width": 1080, "height": 1080, "caption": "“Russia depends on natural resources way too much. Russian economy is not diversified enough” — Kenneth Rogoff", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "The Russian economy is way down because of the price of oil, and because the USSR was a big chunk of it.", "creator": { "@type": "Person", "name": "Michael Bloomberg" }, "url": "https://sms4smile.com/quotes/michael-bloomberg/the-russian-economy-is-way-down-because-of-the-price-of-oil-and/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/460/michael-bloomberg-1293_bigs_the-russian-economy-is-way-down-because_916129.png", "contentUrl": "https://sms4smile.com/quotes/i/460/michael-bloomberg-1293_bigs_the-russian-economy-is-way-down-because_916129.png", "url": "https://sms4smile.com/quotes/i/460/michael-bloomberg-1293_bigs_the-russian-economy-is-way-down-because_916129.png", "width": 1080, "height": 1080, "caption": "“The Russian economy is way down because of the price of oil, and because the USSR was a big chunk of it.” — Michael Bloomberg", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "America is stronger than Russia. Our economy is 16 times larger than the Russian economy.", "creator": { "@type": "Person", "name": "Mike Pence" }, "url": "https://sms4smile.com/quotes/mike-pence/america-is-stronger-than-russia-our-economy-is-16-times-larger-than/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/573/mike-pence-577_america_america-is-stronger-than-russia-our-econ_4516.png", "contentUrl": "https://sms4smile.com/quotes/i/573/mike-pence-577_america_america-is-stronger-than-russia-our-econ_4516.png", "url": "https://sms4smile.com/quotes/i/573/mike-pence-577_america_america-is-stronger-than-russia-our-econ_4516.png", "width": 1080, "height": 1080, "caption": "“America is stronger than Russia. Our economy is 16 times larger than the Russian economy.” — Mike Pence", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "In general, global economic growth supports Russian economy.", "creator": { "@type": "Person", "name": "Elvira Nabiullina" }, "url": "https://sms4smile.com/quotes/elvira-nabiullina/in-general-global-economic-growth-supports-russian-economy/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c12/elvira-nabiullina-26441_economic-growth_in-general-global-economic-growth-suppor_1472113.jpg", "contentUrl": "https://sms4smile.com/quotes/i/c12/elvira-nabiullina-26441_economic-growth_in-general-global-economic-growth-suppor_1472113.jpg", "url": "https://sms4smile.com/quotes/i/c12/elvira-nabiullina-26441_economic-growth_in-general-global-economic-growth-suppor_1472113.jpg", "width": 1080, "height": 1080, "caption": "“In general, global economic growth supports Russian economy.” — Elvira Nabiullina", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 5, "item": { "@type": "Quotation", "text": "Economists believe there are three reasons why the Russian economy is doing so poorly. One, economic sanctions are working. Number two, low-price oil. And number three, Lindsay Lohan has quit drinking vodka.", "creator": { "@type": "Person", "name": "David Letterman" }, "url": "https://sms4smile.com/quotes/david-letterman/economists-believe-there-are-three-reasons-why-the-russian-economy-is/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/4b3/david-letterman-378_believe_economists-believe-there-are-three-reaso_528432.jpg", "contentUrl": "https://sms4smile.com/quotes/i/4b3/david-letterman-378_believe_economists-believe-there-are-three-reaso_528432.jpg", "url": "https://sms4smile.com/quotes/i/4b3/david-letterman-378_believe_economists-believe-there-are-three-reaso_528432.jpg", "width": 1080, "height": 1080, "caption": "“Economists believe there are three reasons why the Russian economy is doing so poorly. 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It's gotten so bad that today Vladimir Putin had to pawn his stolen Super Bowl ring. And Putin will finance his next invasion on Kickstarter.", "creator": { "@type": "Person", "name": "David Letterman" }, "url": "https://sms4smile.com/quotes/david-letterman/the-russian-economy-is-tanking-it-s-gotten-so-bad-that-today-vladimir/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/33c/david-letterman-378_bowls_the-russian-economy-is-tanking-it-s-gott_2829619.jpg", "contentUrl": "https://sms4smile.com/quotes/i/33c/david-letterman-378_bowls_the-russian-economy-is-tanking-it-s-gott_2829619.jpg", "url": "https://sms4smile.com/quotes/i/33c/david-letterman-378_bowls_the-russian-economy-is-tanking-it-s-gott_2829619.jpg", "width": 1080, "height": 1080, "caption": "“The Russian economy is tanking. 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We will do it in a way that ensures maximum benefit for the Russian state and the Russian economy.", "creator": { "@type": "Person", "name": "Vladimir Putin" }, "url": "https://sms4smile.com/quotes/vladimir-putin/in-other-words-we-do-not-have-to-be-obsessed-with-privatizing/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/dd8/vladimir-putin-261_benefits_in-other-words-we-do-not-have-to-be-obse_2471035.jpg", "contentUrl": "https://sms4smile.com/quotes/i/dd8/vladimir-putin-261_benefits_in-other-words-we-do-not-have-to-be-obse_2471035.jpg", "url": "https://sms4smile.com/quotes/i/dd8/vladimir-putin-261_benefits_in-other-words-we-do-not-have-to-be-obse_2471035.jpg", "width": 1080, "height": 1080, "caption": "“In other words, we do not have to be obsessed with privatizing immediately and at any cost. No, we will not…” — Vladimir Putin", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "The effect of sanctions on the Russian economy are clear to everybody, first to the Russians and to the Russian leadership, and the surroundings of the Russian leadership, the circle that is close to the Russian political leadership.", "creator": { "@type": "Person", "name": "Federica Mogherini" }, "url": "https://sms4smile.com/quotes/federica-mogherini/the-effect-of-sanctions-on-the-russian-economy-are-clear-to-everybody/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/5e4/federica-mogherini-10664_circle_the-effect-of-sanctions-on-the-russian-e_2145829.jpg", "contentUrl": "https://sms4smile.com/quotes/i/5e4/federica-mogherini-10664_circle_the-effect-of-sanctions-on-the-russian-e_2145829.jpg", "url": "https://sms4smile.com/quotes/i/5e4/federica-mogherini-10664_circle_the-effect-of-sanctions-on-the-russian-e_2145829.jpg", "width": 1080, "height": 1080, "caption": "“The effect of sanctions on the Russian economy are clear to everybody, first to the Russians and to the…” — Federica Mogherini", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "“The Russian economy was strong, though only the wealthy seemed to enjoy the benefits. Throughout 1913 the stock market surged to record levels,”", "creator": { "@type": "Person", "name": "Paul Ham" }, "url": "https://sms4smile.com/quotes/paul-ham/the-russian-economy-was-strong-though-only-the-wealthy-seemed-to/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/953/paul-ham-27436_investing_the-russian-economy-was-strong-though-on_2056620.jpg", "contentUrl": "https://sms4smile.com/quotes/i/953/paul-ham-27436_investing_the-russian-economy-was-strong-though-on_2056620.jpg", "url": "https://sms4smile.com/quotes/i/953/paul-ham-27436_investing_the-russian-economy-was-strong-though-on_2056620.jpg", "width": 1080, "height": 1080, "caption": "“The Russian economy was strong, though only the wealthy seemed to enjoy the benefits. Throughout 1913 the…” — Paul Ham", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 11, "item": { "@type": "Quotation", "text": "A lot of the Russian economy is built around people who are one way or another milking the state and taking money from the state and recycling it into their private bank accounts. And there are a lot of people who are taking advantage of that, so it's not just one person. It's a kind of web of people doing that, and that's how the system stays in power and how people stay in control.", "creator": { "@type": "Person", "name": "Anne Applebaum" }, "url": "https://sms4smile.com/quotes/anne-applebaum/a-lot-of-the-russian-economy-is-built-around-people-who-are-one-way/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/7d7/anne-applebaum-2544_bank-account_a-lot-of-the-russian-economy-is-built-ar_3230187.png", "contentUrl": "https://sms4smile.com/quotes/i/7d7/anne-applebaum-2544_bank-account_a-lot-of-the-russian-economy-is-built-ar_3230187.png", "url": "https://sms4smile.com/quotes/i/7d7/anne-applebaum-2544_bank-account_a-lot-of-the-russian-economy-is-built-ar_3230187.png", "width": 1080, "height": 1080, "caption": "“A lot of the Russian economy is built around people who are one way or another milking the state and taking…” — Anne Applebaum", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 12, "item": { "@type": "Quotation", "text": "Revenge for a terror attack is ideal for Putin's model. His propaganda machine will be filled with scenes of crash victims if [Vladimir] Putin sees the need for a larger war to stoke his domestic support again as the Russian economy teeters.", "creator": { "@type": "Person", "name": "Garry Kasparov" }, "url": "https://sms4smile.com/quotes/garry-kasparov/revenge-for-a-terror-attack-is-ideal-for-putin-s-model-his-propaganda/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/48d/garry-kasparov-910_computers_revenge-for-a-terror-attack-is-ideal-for_1253329.jpg", "contentUrl": "https://sms4smile.com/quotes/i/48d/garry-kasparov-910_computers_revenge-for-a-terror-attack-is-ideal-for_1253329.jpg", "url": "https://sms4smile.com/quotes/i/48d/garry-kasparov-910_computers_revenge-for-a-terror-attack-is-ideal-for_1253329.jpg", "width": 1080, "height": 1080, "caption": "“Revenge for a terror attack is ideal for Putin's model. His propaganda machine will be filled with scenes of…” — Garry Kasparov", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 13, "item": { "@type": "Quotation", "text": "The Russian economy is about the size of the Italian economy; it's very small, and Russia's military force is larger than it was, because Putin's been investing in it, but it still doesn't compare to that of the United States, and his reach and aim still don't compare.", "creator": { "@type": "Person", "name": "Anne Applebaum" }, "url": "https://sms4smile.com/quotes/anne-applebaum/the-russian-economy-is-about-the-size-of-the-italian-economy-it-s/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/fff/anne-applebaum-2544_aim_the-russian-economy-is-about-the-size-of_2922918.jpg", "contentUrl": "https://sms4smile.com/quotes/i/fff/anne-applebaum-2544_aim_the-russian-economy-is-about-the-size-of_2922918.jpg", "url": "https://sms4smile.com/quotes/i/fff/anne-applebaum-2544_aim_the-russian-economy-is-about-the-size-of_2922918.jpg", "width": 1080, "height": 1080, "caption": "“The Russian economy is about the size of the Italian economy; it's very small, and Russia's military force…” — Anne Applebaum", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 14, "item": { "@type": "Quotation", "text": "Women's liberation, if not the most extreme then certainly the most influential neo-Marxist movement in America, has done to the American home what communism did to the Russian economy, and most of the ruin is irreversible. By defining relations between men and women in terms of power and competition instead of reciprocity and cooperation, the movement tore apart the most basic and fragile contract in human society, the unit from which all other social institutions draw their strength.", "creator": { "@type": "Person", "name": "Ruth Wisse" }, "url": "https://sms4smile.com/quotes/ruth-wisse/women-s-liberation-if-not-the-most-extreme-then-certainly-the-most/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/34a/ruth-wisse-73731_america_women-s-liberation-if-not-the-most-extre_306295.jpg", "contentUrl": "https://sms4smile.com/quotes/i/34a/ruth-wisse-73731_america_women-s-liberation-if-not-the-most-extre_306295.jpg", "url": "https://sms4smile.com/quotes/i/34a/ruth-wisse-73731_america_women-s-liberation-if-not-the-most-extre_306295.jpg", "width": 1080, "height": 1080, "caption": "“Women's liberation, if not the most extreme then certainly the most influential neo-Marxist movement in…” — Ruth Wisse", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/russian-economy/#webpage", "url": "https://sms4smile.com/quotes/about/russian-economy/", "name": "Russian economy Quotes", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/russian-economy/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/fbe/kenneth-rogoff-21604_depends_russia-depends-on-natural-resources-way_1588500.jpg" }, "description": "Browse 14 Russian economy quotes by 11 authors. 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