08 May 2006

Getting Rich in the Heart of Russia.

TIME.com

There are no oil wells in Kaluga, no gold mines, no rich mineral deposits. In fact, until recently there was very little in this town (pop. 345,000) other than some run-down farms, a distillery that produces mediocre vodka, a big statue of a Soviet rocket-science pioneer and a war-era T-34 tank monument that still bears the inscription FOR STALIN AND THE MOTHERLAND.

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