A Quote by Subramanian Swamy

Russia is a bankrupt country. It just lives on oil revenues.

Subramanian Swamy

Quote Topics

Bankrupt Country Just Just Live Lives Oil Russia

Quote Author

Subramanian Swamy
Indian - Politician
Born: September 15, 1939

Obamacare won't just bankrupt the country. It may bankrupt small businesses. It may bankrupt individuals.

Rush Limbaugh

It might have been offset for us if the revenue from our own oil and natural gas that was just developing had been available to the Labor Government, but the oil revenues were just coming in when Labor fell in '79.

Barbara Castle

There's a lot of money to pay for this ... the oil revenues of that country could bring between $50 and $100 billion over the course of the next two or three years...We're dealing with a country that can really finance its own reconstruction, and relatively soon.

Paul Wolfowitz

Assuming that Iran could become the only oil producer unable to export its oil is a wrong assumption... The United States will never be able to cut Iran's oil revenues.

Hassan Rouhani

I grew up in Mexico City at a time when the country was a repressive one-party dictatorship almost wholly dependent on oil revenues.

Bret Stephens

Any country is hard to govern, even a very small country. It's not a question of whether the country is large or small. It's a question of how you relate to the work, to what extent you feel responsible for it. Russia is also hard to govern. Russia is at the development stage of both its political system and the creation of a market-based economy. It's a complicated process, but very interesting. Russia, actually, is not just a large country, it's a great country. I mean its traditions, and its cultural particularities.

Vladimir Putin

Russia's a small country. It's really poor. It has nothing other than oil and weapons sales.

Malcolm Nance

Russia, as well as any other country, does not need dictators, but it needs equitable principles of organizing the state and society: just, effective, flexibly responding to changes inside and outside the country - that is what Russia needs.

Vladimir Putin

Russia can fall apart. It's not because of the oil prices ... It's because what sticks a country together is a common interest of people. It has to be economically and socially profitable - beneficial - for people to be together. They should understand how they benefit from a large country. And if they start to feel like a large country is a source of problem, then the country collapses as the Soviet Union collapsed.

Ilya Ponomarev

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

Russia does not have a modern economy: it's a petro-power. The only thing it sells that the world wants to buy is oil and natural gas. When was the last time anyone bought a Russian computer? A Russian car? A Russian cell phone? Russia is so dependent on high energy prices that if oil falls below $100 a barrel, the Kremlin can't meet payroll.

Kathleen Troia McFarland

I don't want Scotland to be more important than England. There's just a cancer of low self-esteem in Scotland and a general feeling that if we were to break away it would be game over and we would be bankrupt. If that is the case then that's exactly what we should do. Why are we, a country that would be bankrupt, leaching off another one?

Limmy

Barack Obama inherited a bankrupt economy, a bankrupt government, and a bankrupt foreign policy.

Thomas P.M. Barnett

Russia committed an act of aggression in Ukraine, and that's the first time since 1945 a European country has seized the territory of another European country. That's serious business. They started a war with their neighbor. Their troops as well as the separatists funded and controlled by Russia are killing people just about every day.

Daniel Fried

I was born in Siberia, where the biggest oil reserves in Russia are, and I grew up thinking that there was nothing worse for our planet than the oil industry.