If Obama received a Nobel Prize for Peace, then, much with equal justification, Putin deserves a Nobel Prize for Economics

Not everyone needs to understand basics of economics or even household management--well perhaps except for those who want or are supposed to lecture one's nation and the world about it (and perhaps even to make economic decisions), unless the basic ignorance is such a state secret that it is withheld from the government and the head of the government himself.

Yes, it is possible to plunder the largest country in the world, to produce the largest number of billionaires in the shortest period of time and to be still economically incompetent--in the interest of oversea patrons of these "humble servants."