To: jb6
I don't think you can take this at face value. Russia is going to leverage the sale of its pollution credits from Kyoto to increase its economic growth. With a little economic manipulation and mumbo-jumbo, they will suddenly become an "economic growth leader", even though it is unlikely that any real economic growth will occur.
3 posted on
04/12/2005 9:34:02 AM PDT by
DustyMoment
(FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
To: DustyMoment
Give that man a cigar!
This is just like those ridiculous CIA estimates of USSR economic output that Reagan didn't believe.
5 posted on
04/12/2005 9:38:18 AM PDT by
George Smiley
(This tagline deliberately targeted journalists.)
To: DustyMoment
I don't think you can take this at face value. Russia is going to leverage the sale of its pollution credits from Kyoto to increase its economic growth. With a little economic manipulation and mumbo-jumbo, they will suddenly become an "economic growth leader", even though it is unlikely that any real economic growth will occur. But those credits are still real economic activity, that will put money into Russia and stimulate growth. It does not matter that they are mearly selling imaginary items for no productive reason.
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