Russian economy gets thumbs up, rises on most indicators. McCain's "just a gas station" and Obama's "isolated"and "don't make anything" are fantasies.
The Duran
ECONOMY UPGRADE: Russia’s economic management receives multiple endorsements
Alexander Mercouris
2 comments:
“Despite what you read in the papers, the Russian economy isn’t all about commodities. While oil and gas accounted for 40pc of GDP in 2003, last year the figure was 17pc. Russia’s service sector, pretty much non-existent under the state-planning of yesteryear, has grown like Topsy and is now three times bigger than its commodity sector.”
http://www.telegraph.co.uk/finance/comment/liamhalligan/9499282/Russia-joins-the-global-club-as-economy-slows.html
What's their private debt level like?
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