Black Gold's Curse:Crumbling Empire

The Scenario

Crumbling Empire

The Myth

Greed: People’s inability to think about the future and their concern with money and power leads to a fragmented Russia with powerful regional leaders fighting among themselves for control of resources. Russia as a country or an idea ceases to exist.

Relatively small market (few people); not a particularly wealthy market; not a technologically advanced market; therefore not an attractive market.

Oil price remains relatively high and stable.