I enjoyed the entire tone and beauty of this article. This type of congested housing was lost in Europe a half-century ago, and never appeared within the United States; it still being apparent south of the Rio Grande. Americans have never learned of the creation of Privacy in the middle of Population compaction. I would advise the Reader to pursue the Photo album first, before reading the article. The Economic issue involved states that the rest of the World traditionally puts about Eight times the Population in the areas of their cities, as do Americans. This is a huge waste of Land, building materials, and Transportation capital. The horror resides in the fact that the rest of the World is adopting the American model of middle-aged spread. It should really be contained by Zoning policies.
Life in the old Soviet Union has not changed much under the current leadership, and foreign Investors should beware. William Browder is not as innocent as the article implies, and he managed to move a lot of Cash from Russia West. This obviously does not put him on the A-List in Putin’s estimation. There are two sides to every Story, but Westerners need be warned that sending Money into Russia will not even guarantee its eventual Return; a description which covers China as well. It all revolves around who owns the Court system of the nation, as any Precedent or law (however obscure) can be found to say whatever is necessary, and Evidence becomes the Property of the Prosecution when the Prosecution is owned in itself.
Oil is trying to regain its position on the economic stage, but cannot until and if Consumption starts to return to its original level. There are several reasons why this will not happen, the basic foundation being that Gas at the Pump has to drop faster than the price of Oil, which it won’t in this lifetime. The rationale for this is the addiction to greater Profits throughout the path of the Pipeline, exactly like farmers will not get Seed and Fertilizer Costs to reduce simply because the price of their Market grains has decreased; please inform Me if Anyone sees Hamburger back to $2 per Pound. The Coup de Gras will be decreasing Consumption throughout the rest of the World, only Now being hit with the Trade-back Costs of maintaining high Production Costs with lowered Profit/Unit item. Government subsidies for Energy, whether internal or external, grow at extremely rapid pace with fuel price increases, and always leads to Budget overflows with legislative disinclination to expand the drain. Oil will hit $100/barrel this Year–now Everyone can claim I am a fool! lgl
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