World News: Russia this week increased their interest rate from 10% to 17%. The Ruble (Russian dollar), has lost half its value in the last 6 months due primarily to falling world market crude oil prices. Russias Financial Minister was quoted as saying, The Russian economy will never collapse, but will only grow stronger. To interpret this Russian statement into American: Ya, economies collapse, but that doesnt mean there is no economy. Like, even the Great Depression was an economy, duh. And after a world war, the economy did become stronger as a result of Defense spending, like in World War II. So, get over it.
Posted on: Wed, 17 Dec 2014 13:50:34 +0000
Trending Topics
Recently Viewed Topics
© 2015