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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
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"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 #technologydigitallife

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Russia does not have a modern economy: it's a petro-power. The only thing it sells that the wo…

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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

About Kathleen Troia McFarland

Kathleen Troia McFarland was a Businesswoman from United States (1951–present).

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Frequently Asked Questions

Who said "Russia does not have a modern economy: it's a petro-power. The only thing it se…"?
This quote is attributed to Kathleen Troia McFarland, a Businesswoman from United States.
When did Kathleen Troia McFarland live?
Kathleen Troia McFarland lived from 1951 – present.
What is this quote about?
This quote touches on Technology & Digital Life. Browse more quotes on these themes from the categories page.