Winston Churchill once said that Russia “is a riddle wrapped in a mystery inside and enigma”. But not everyone is so baffled by the world’s biggest country. The Socionomics Institute released a two part study that examines Russia’s past in order to foreshadow to Russia’s future. In the first part of the study, they examined Russia by assessing historical social events in a global context using a lognormal, inflation-adjusted U.S. stock market index from 1859 to 1999. The reason the institute chose to use stock market data is because it “provides an objective measure of the relative optimism and …read more
Source: Business Insider
