15 Comments

I suspect that Mr. Dyukov is in his position because he is a real expert and not the holder of a worthless MBA like most of west’s financializing brain dead managers.

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Dyukov graduated from Leningrad’s Shipbuilding Institute in 1991 and in 2001 took an IMISP MBA degree at the International Management Institute of Saint Petersburg. So, he has an engineering/heavy industry background.

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That is what I suspected. I suspect, though I don’t know the details, that his additional MBA training is far superior from that of western institutions. I don’t know the great number of college students I graduated who went directly into an MBA degree program. None of them had any real work experience as is evidently the case with Mr. Dyukov.

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Harvard MBAs have been a plague on American business. One bad example was 'matrix management'. With the decline of the Ivies in general they might be moving closer to the Dodo. We can hope.

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Not just American business. Their activities during the Yeltsin years were catastrophic for the Russians. They also were active in Chile during the terror reign of Pinochet.

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They actively promoted Pinochet's terror just as they did in Indonesia by supplying the kill lists. There are many millions of reasons for Neoliberalism and its practitioners to die.

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The squirrel said to the forest: I'm going to sanction you!

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Lost all of my investments in Gazprom and Lukoil, courtesy of our US warmongers.

Great companies, both.

Royal Dutch Shell which has been owned in my family for generations left the Netherlands. Dutch courts ruled they were not green enough. I was the last in my family to leave them.

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I suggest you read this as you might have recourse given the rulings, https://www.coffeeandcovid.com/p/devastating-tuesday-july-2-2024-c

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That wasn't supposed to happen. My Amerikan govt told me Russia would be dead by now;-) Sadly it's my govt. dying:-(

Thanks for posting the truth

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Stepping on rake—great metaphor. Here it is played by The Simpsons:

https://www.youtube.com/watch?v=2WZLJpMOxS4

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Good article, and the EBIDTA at c 35% shows how low cost production has become, and that this is a cash machine - even with the investment programme. Another reason though to paint Russia as the Evil Empire - imagine investing in climate killing oil and gas??

And btw, last year I did stand on a rake and it really hurt. Felt a complete idiot too....

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Russia's view on energy policy is very different from what passes for that in the West, and Russia is very aware of climate change given its massive Arctic lands. From what I see, Russia's heavy machine tool corps would be good investments, especially those aimed at robotics. The new opportunities opened for Russians to invest in their own industrial infrastructure is a marvelous idea and yet another argument favoring becoming a Russian citizen.

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There are times when I think there must be much more than just lead and mercury in the USA university water supplies. Clearly the EU has had that problem for decades too so there seems to be little chance for change in the near future. So it goes...

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more comics!!

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