[lbo-talk] Russia tanking

Doug Henwood dhenwood at panix.com
Thu Feb 19 10:15:34 PST 2009


Nancy Lazar of ISI - Ed Hyman's consulting shop - has a report out today on Russia. Headline: "Russia in severe recession." GDP could be contracting at a near-19% annual rate, which is huge. With the EU sinking, much of Asia sinking, and now Russia sinking, Dennis Redmond may have to revise his worldview...

Doug



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