Comment by Folcon
8 months ago
Please feel free to correct me if I'm wrong, but I get the feeling that this is purely a theoretical exercise for you, life under those conditions is chaotic and complex, at the bare minimum, it limits the complexity of the kind of business you can run.
And that's ignoring other externalities.
Russian business is very complex. Just consider that due to sanctions many companies needed to quickly learn how to operate with cryptocurrencies, find new trade partners etc.
Or like building companies switched to Russian military contracts to build factories for drone, ammunition etc. to make weapons to kill Ukrainians.
If one has no moral compass, one can absolutely flourish as a businessman in Russia.
That's why Russian companies have such a global reputation for being sleazy. You have to be a sleaze in order to get anywhere. Fish rots from the head and all that, so we should expect American companies to get the same stink if things keep going this way here. Bad companies will wade into the muck, and good money will flow elsewhere more stable.
Scams and frauds are going to flourish under Trump because the guy himself is keen on running scams and frauds from the White House. Who is going to investigate crypto scams when POTUS is launching his own pump and dump shitcoin? It's going to be scams and frauds from the top all the way down.