mai on 26 December 2014
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Teeqoz said: Russia's situation is unique? Inflation and stock market collapse is unique? But you really can't compare the US to Japan. it really doesn't work that way. Besides, are you aware that the federal deficit of the US is decreasing? Meaning that they're starting to slowly but surely get their shit straight. |
Russia's stock exchange is relatively small compared to the size of the economy, the fall was due to ruble purely speculative devaluation (that'd be the correct term btw). One serious fundamental problem though is lack of dollar liquidity throughout the whole year (on top of the same core problems within current global economy, of course), with practical result of it being getting rid of the dollar in trade.
