Are u joking, right ? This is the last time I will aswer a quote like this one. If u want to discuss this way - dont bother to quote me anymore.
Russian economy is now 6th by PPP, and that is with 14% debt to GPD ratio. This combination is - if we talk about economics - just an overkill compared to Western economies. And, in opposition to all rest of the word, their debt is decreasing, comrade. Last year it decreased by 17%
Here is the story of their GDP
Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
% GDP |
6.4 |
10.0 |
5.1 |
4.7 |
7.3 |
7.2 |
6.4 |
8.2 |
8.5 |
5.2 |
-7.8 |
4.5 |
4.3 |
3.4 |
1.3 |
0.6 |
-3.7 |
Of course they have problems now with inflation,sanctions,low oil prices, budget deficit etc - but every country has its economic problems right now, and Russian economy is expected to growth this year.