Yoshie:
The Russian default was a blow against neoliberalism: Neoliberalism
at the global level has also been dealt some serious blows--although
one of the hardest punches has not received the attention it
deserves: Russia's default on $200 billion worth of debt, some $40
billion of which is
Anyhow, I think that Chris is trying to say that, though the Russian
economy tanked after the disintegration of the Soviet Union, its
economy has recovered quite a bit since Russia defaulted on its
foreign debt in 1998. Putin has managed the post-default Russian
economy well by capitalist
Lou says:
Chris Doss wrote:
Just as an aside, I know a guy who sells shoe polish in the Moscow
train stations who makes over four times that much.
I am not sure what point you are trying to make. Is this anecdotal
evidence meant to refute the radical critique of the
counter-revolution in the
