Communism: Pros and Cons

                                                              Vladmir Putin



Well it is probably obvious to the world that Russia is a communist country. As far as the economy goes Russia is ranked 144th of overall freedom of the economy.. This is no surprise to find out because when people think of Russia they think big powerful and healthy, they do not think of the fact that because it is a communist country it is limited at what its economy can accomplish. With Vladimir Putin becoming president of Russia on May 7th 2012 things could change but I don't think they will let communism go. Russia suffered a rather large blow to their economy in 2008 during the global stock market crash, but is now bouncing up because of the rise of oil prices and the governments $200 billion rescue package to increase liquidity in the banking industry. So far this has proven to work and Obama is planning something along the lines of that except he is wanting to take money from the older people of America and use that money to fund the banks which are already loosing money quickly. Another interesting thing about Russia is that 75% of surface water is polluted and 50% of all water in Russia is now polluted. Another thing that Russians love is their nuclear power plants, and amongst the many problems they are having is poaching and deforestation. So overall Russia is somewhat stable but that's kind of how communist countries are, they are worse places to live but they tend to last longer. Just look at America and all the debt we have with China and even though we havn't payed them back they remain to do great.