Russia Doesn’t Need Foreign Investment

September 19, 2025 | Categories: Articles & Columns | Tags: |  Print This Article

Russia Doesn’t Need Foreign Investment

Paul Craig Roberts

As Michael Hudson and I have pointed out several times, Russia can finance her own development by creating rubles.  By bringing in foreign money, Russia loses income flows from the development.  Moreover, when  income from the investments are paid to foreign owners, the rubles exchanged in the currency market for the foreign investors home currencies can put pressure on the Ruble’s value.

These simple facts seem to be beyond the understanding of Russian economists and the central bank director who suffer from their indoctrination by American Neo-liberal economists.  Russians have a difficult time thinking in terms of their own national interests.

https://sputnikglobe.com/20250918/russian-stock-market-plans-to-raise-12bln-in-foreign-investment-by-2030–pm-mishustin-1122806241.html