Only one nation on Earth is both a nuclear power and energy self-sufficient. And that nation is Russia. Couple these realities with a recovering economy, and time will prove Russia will be resurrected as an advanced democracy and world leader, and in truth, a super power. Democracy and human rights will prevail in Russia as we have seen since December of 1999. The new leadership is making Russia strong and preparing a massive hegemonic power backed by energy, high technology, advanced education, self sufficient in all raw materials, and a financial track record that is turning Russia not only debt free, but into a financial center.

With the arrival of "Peak Oil", energy exporting nations will be flush with hard currency, gold, wealth and stronger political power.  Every economist will agree that as Russia diversifies her economy using her energy export wealth, that she would dominate world power.  Imagine as Russia invests most of her energy wealth into IT, aerospace, defense, transportation, education, production, maritime, health, consumerism and many other world class economic sectors.  Not only does Russia have the energy to keep such capital flow back to her country, but she also has the best human capital as well as the world's largest land mass that contains the raw materials and commodities to supply such diversification.

Russia's competitiveness will continue to grow as her economy diversifies and recovers.  Capitalism will drive this recovery while the government will optimize natural resource extraction so as not to damage oil and natural gas reserves.  You could say that today's Russian recovery is similar to Ronald Reagan's "trickle down economics".  Reagan's theory allowed the rich to prosper, while the wealth trickled down to the middle and poor classes.  And in this case, Russia is doing the same principle where the energy sectors of the economy are growing at unprecedented rates and thus creating a trigger that is revitalizing all other sectors of the economy.

No other nation, not even Saudi Arabia has such a good future as Russia.  The reason is, countries like Saudi Arabia have little places to invest such energy wealth. Saudi Arabia has no aviation, defense, space, or auto industry to revitalize.  Saudi Arabia can't place a man in space or protect her boarders with high tech missile defense systems or nuclear weapons. In fact, the only thing Saudi Arabia has done with her wealth has been the purchase of US debt and notes.

In truth, Russia's economy is already diversified.  The rest is a new chapter of mixed economics, and a new chapter kicking Russia's economy into high gear while managing and protecting her human capital, and natural resources from abuse and uncontrolled exploitation.

Today it is easier to start a business in Russia than it is in the US. Taxes are lower in Russia than in any advanced Western capitalist nation. True democracy is growing in Russia while vanishing in Western nations. Human trafficking and slavery are still the greatest in the US, while Russia continues to advance her human rights that in most cases surpasses those of the US. Freedom, liberation and democracy can not exists without a great economy. "Peak oil" is giving Russia and her partners this advantage and trigger, while her government produces incentives that will make Russia the most peaceful and prosperous nation on Earth.