Like/Tweet/+1
Search
Display results as :
Advanced Search
RSS feeds

Yahoo! 
MSN 
AOL 
Netvibes 
Bloglines 
Social bookmarking
Social bookmarking Digg  Social bookmarking Delicious  Social bookmarking Reddit  Social bookmarking Stumbleupon  Social bookmarking Slashdot  Social bookmarking Yahoo  Social bookmarking Google  Social bookmarking Blinklist  Social bookmarking Blogmarks  Social bookmarking Technorati  




Bookmark and share the address of UKRAINE ENGLISH NEWS on your social bookmarking website

Share
View previous topicView next topic
avatar
Admin
Administrator
Posts : 12680
Join date : 2015-05-20
Location : United States
http://www.ukraineenglishnews.com
20150816
Aleksandr Auzan, Doctor of Sci. (Econ.) and of Moscow Lomonosov University department of economics, gives his assessment of the current situation of the Russian economy.
“We are witnessing a clinical death of the Russian economy. The economy’s heart, investments, is going to stop,” Khvylia quotes the Russian as saying, citing The Belarussian partisan.

“The slowdown began in 2011, and it is no surprise for economists. Western sanctions and dropping oil prices have merely accelerated the process,” the scientist says.

“For 50 years since 1965, the discovery of Russia’s huge oil reserves in Samotlor, offered Russia an easy ride with lavish oil revenues.

Seven-eight years back, the economists who were working on drafting Russia’s strategy till 2020, were unanimous in saying, “The model whereby Russia is relying merely on the sales of raw materials (oil, gas, wood, minerals) is unproductive and must be changed – or the irreversible will happen.” I am convinced that  the irreversible is going to happen soon,” the Russian economist says.

zik.ua

As I've mentioned many times in the past, putting all his eggs in one basket was a wrong move. Totally disowned the rest of Russia's potential. And now who's paying the cost! Its people, for allowing the continuance of the Romanov attitude of serfdom. The only ones that can change it is Russians.


===========================
SCROLL UP OR DOWN FOR ADDITIONAL ARTICLES!
Share this post on:Excite BookmarksDiggRedditDel.icio.usGoogleLiveSlashdotNetscapeTechnoratiStumbleUponNewsvineFurlYahooSmarking

Comments

No Comment.

View previous topicView next topic
Permissions in this forum:
You cannot reply to topics in this forum