WHY A BAD RUSSIAN ECONOMY IS BAD NEWS FOR THE U.S.
A CHANGE IN COURSE
The Russian economy continues to struggle. Moscow had hopes that promoting consumer confidence and domestic spending within Russia would begin the process of rebuilding an economy that reached a near meltdown during 2014. This change in approach represents what Bloomberg calls “the most dramatic shift in economic policy during the Putin era.”
On July 15, 2015, reporter Anna Andrianova asserted, “Behind another month of near-record declines in Russian consumer wellbeing is an economic shift that may endure for years.” She continued: “For those still counting, … Read More