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Saturday, April 18, 2009

A Russian Economic Picturebook


A Russian Economic Picturebook
(Source La Russophobe)
The Russian economy has taken another plunge deeper into the abyss. Yulia Latynina exposing the more barbaric aspects, and on Monday in our editorial we’ll take a hard look at Russia’s announcement that as a result of Putin’s failures it will be forced to go begging for foreign loans for the first time in ten years.

Russia's industrial production has contracted at twice the rate of the overall economy and is likely to be further devasted in 2009. It's nowhere near hitting bottom.
http://larussophobe.wordpress.com/2009/04/16/editorial-a-russian-economic-picturebook/

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