Russia's industrial output falls 18.8% in January

Posted by mminnick 11 years, 2 months ago to Business
7 comments | Share | Flag

Even the Bear has troubles. Wonder haw the Dragon is doing. The Eagle is still sickly.
SOURCE URL: http://www.marketwatch.com/story/russias-industrial-output-falls-188-in-january-2014-02-17?dist=countdown


Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read

  • Posted by ObjectiveAnalyst 11 years, 2 months ago
    When everyone on the planet is practicing various levels of Marxism, no one will prosper. I heard a report the other day that claimed China's output was also on the decline. The story was blaming it on automation. I believe this could be countered with increased entrepreneurial activity by increasing the product lines. But, who is inclined to gamble and invest in an economy like that?
    Reply | Mark as read | Best of... | Permalink  
    • Comment hidden by post owner or admin, or due to low comment or member score. View Comment
    • Posted by Robbie53024 11 years, 2 months ago
      China's economic activity over the past several years has been buoyed by internal infrastructure expenditures. Huge cities lie empty because the populace cannot afford the housing. And for some, they bought apartments on speculation that they could be sold later to a higher bidder. This whole economy has collapsed. Thus my comment on the dragon eating it's own tail.
      Reply | Mark as read | Parent | Best of... | Permalink  

FORMATTING HELP

  • Comment hidden. Undo