Post by warrior1972 on Nov 9, 2015 18:34:17 GMT -8
It's no secret that Vladimir Putin wants modern day Russia to be larger -- much like the Soviet Union.
But the Russian president's imperialistic flair may be driven more by economics than political ambition.
At least that's the theory put forth by billionaire investor Jeffrey Gundlach, who says that Putin's efforts to reclaim Russian-speaking territories are fueled by a looming demographic disaster.
Russia is aging rapidly. Its working-age population is on track to shrink by 14% over the next 35 years, posing a real risk to economic growth.
"Russia will have the largest implosion of population in the history of the world," Gundlach said last week at ETF.com's Fixed Income Conference. The legendary investor said that's excluding war, famine or disease.
"No wonder Mr. Putin wants to take over other nations that are Russian-centric. He needs people," he said.
money.cnn.com/2015/11/08/investing/russia-jeffrey-gundlach/index.html?iid=ob_homepage_money_pool&iid=obnetwork
But the Russian president's imperialistic flair may be driven more by economics than political ambition.
At least that's the theory put forth by billionaire investor Jeffrey Gundlach, who says that Putin's efforts to reclaim Russian-speaking territories are fueled by a looming demographic disaster.
Russia is aging rapidly. Its working-age population is on track to shrink by 14% over the next 35 years, posing a real risk to economic growth.
"Russia will have the largest implosion of population in the history of the world," Gundlach said last week at ETF.com's Fixed Income Conference. The legendary investor said that's excluding war, famine or disease.
"No wonder Mr. Putin wants to take over other nations that are Russian-centric. He needs people," he said.
money.cnn.com/2015/11/08/investing/russia-jeffrey-gundlach/index.html?iid=ob_homepage_money_pool&iid=obnetwork
