Posted on 03/24/2014 9:43:37 AM PDT by Berlin_Freeper
MOSCOW (Reuters) - Russia's economy is barely growing, inflation is rising fast, and capital is pouring out of the country, the Economy Ministry said on Monday, a sign that international tensions around Ukraine are already inflicting severe economic costs.
In February Russia's gross domestic product eked out growth of just 0.3 percent year-on-year, down from 0.7 percent in January, Russia's Deputy Economy Minister Andrei Klepach said.
Last year the economy grew by just 1.3 percent, far below initial forecasts, but there had been hopes that growth would rebound this year. Instead Russia's economic performance is deteriorating further as the international tensions around Ukraine lead capital to flee Russia.
(Excerpt) Read more at vagazette.com ...
Like America, eh?
Sounds like Red Dawn version 2.
Reports are that Putin is worth $70 Billion dollars. If so, I’m pretty sure Russia will stay the course and not worry about the downside to Russian people. Remember that Putin worked for a many years in an organization that waged relentless war on the citizens of Russia. He’s immune to sympathy and pity for his fellow Russians. He’s as phony as Obama and as queer as his man boobs.
I view Putin as head of the Russian Mafia.
When the money gets really tight, I wouldn’t be surprised if Putin’s gangster buddies knock him off.
I bet he attends less meetings now.
http://www.therichest.com/celebnetworth/politician/president/vladimir-putin-net-worth/
Finally a thread for all the Freepers who think Russia is a superpower and a major threat to Amerika.
Why would Putin and his cronies care about the Russian economy? It’s working for them. Look at any Democrat-run city in America.
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