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RE: DID OUR "WORLD LEADERS" JUST PUSH GLOBAL RECESSION AWAY from our doorsteps?

in #economy5 years ago

I'm from Russia. I tried to google the answer to your question "how about the other countries." but it is complicated and confusing...

Russia's economy is in a recession (in other words: we are falling in the Huge Black Hole), investments into economy is out of the question, the key tasks of the Central Bank of Russia are to contain inflation, to contain growth of the dollar exchange rate, to freeze the growth rate of consumer prices, and so on. I can say for sure, they do not print money to invest in the economy and to revive it.

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Late thank you for this excellent comment @qwerrie

Yours, Piotr

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