Analysis: A Russian collapse was only a matter of time
Its economic problems are structural as it potentially heads into recession.
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While the extent of damage from Russia’s financial week-from-hell is still unclear, it has been struggling with deep structural economic problems all year.
Wednesday’s currency crash is simply the next step in Russia’s regress to recession.
The rouble had already lost about half its value this
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Nathan Smith
Thu, 18 Dec 2014
Thu, 18 Dec 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Analysis: A Russian collapse was only a matter of time
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