tag:blogger.com,1999:blog-24528000.post-81836388340464394032008-03-22T23:50:00.000Z2008-03-22T23:50:00.000ZBTW, Russia is the fastest growing G8 economy by a wide margin.<BR/><BR/>Russia's economic growth in 2007 was 5x that of France, more than 4x that of Japan and Italy, and a little less than 4x that of the United States, for example.<BR/><BR/>Compared to a G8 country that also has a lot of natural resources, Russia's growth was still 3x more than that of Canada's.<BR/><BR/>After Russia, the fastest growing economy in the G8 in 2007 was the United Kingdom, yet its growth was more than 2.5x less than Russia's!<BR/><BR/>Goldman Sachs is truly correct - as if there ever was a doubt :) - when it predicts that the BRIC nations will form the core of the world's economic leaders in a relatively short period of time.<BR/><BR/>In fact, in 2007, Russia surpassed France to take over the number 7 spot in GDP (PPP), according to the CIA's World Factbook and it is poised to pass over number 6, the United Kingdom, sometime this year.<BR/><BR/>Not trying to rub it in. Just saying that Edward Lucas is either completely blind, totally lying, or both. He obviously hates Russia a lot and is sick of the magintude of its successes.<BR/><BR/>###<BR/><BR/>Finally, to EL: There were about 4 copies of your book at the Barnes and Nobles on 17th Street in NYC. The book is located on the fourth floor in the Current Events section. I am currently reading Comrade J, but might pick up NCW next. FYI, I am the type of person who likes to read what people who don't really agree with me are saying. It's pretty enriching and maybe in the future I could write a psychological book on emotions, who knows.Colleenhttp://www.blogger.com/profile/12248791977170347491noreply@blogger.com