As far as economics goes eight years ago I wrote about "The Influx Of Wealth Into Britain". After the end of the Soviet Union the former republic of Russia, led by Boris Yeltsin, set about converting the economy from Communism to Capitalism.
What happened is a few people got extremely rich as formerly state-owned industries and enterprises were privatized and sold off. These newly-wealthy are sometimes referred to as "oligarchs".
Some oligarchs bought expensive homes in London. One oligarch bought the iconic Chelsea Football (Soccer) Club, which might be the best-known sports team on earth except maybe for Manchester United. So much wealth was brought into London by wealthy Russians that it was referred to as "Londongrad".
In that posting I described how utterly ironic economics is, with regard to Capitalism and Communism. Now that the wealth of the oligarchs that was brought to London is a focal point of the invasion of Ukraine, the economic scenario described in the posting is that much more ironic.
Here is a link to the posting:
www.markmeekeconomics.blogspot.com/2014/11/the-influx-of-wealth-into-britain.html?m=0
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