Russia's Coming Financial Crash
Today, the whole world is being hit by a tremendous financial crisis, but Russia is facing a perfect storm. Russia had a good chance to escape unscathed, but, through his ruthlessness and ineptitude, Vladimir Putin has rendered his poor country a prime victim.
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WASHINGTON, DC – Today, the whole world is being hit by a tremendous financial crisis, but Russia is facing a perfect storm. The Russian stock market is in free fall, plummeting by 60% since May 19, a loss of $900 billion. And the plunge is accelerating. As a result, Russia’s economic growth is likely to fall sharply and suddenly.