Friday, May 1, 2015

Constantin Gurdgiev — Russian Economy: Latest Forecasts and Debates


Update. 

The Russian economy is not collapsing and the sanctions are actually working to force Russia to restructure its economy away from susceptibility to Dutch disease and dependence on unreliable partners.

Gurdgiev makes the case that debt is not the issue The Economist made it out to be.

Still clueless about MMT and bent on running budget surpluses though.

True Economics

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