Russian economy isn’t in crisis: it is in a depression, Shein says

[TomSea]

Russian economy isn’t in crisis: it is in a depression, Shein says
2019/03/31 - 14:23 • International

Two out of three Russians (68 percent) tell the Public Opinion Foundation that they believe that their country is in the midst of an economic crisis, four percent more this year than last. And only one in twelve (eight percent) believe that there is any chance that this crisis will be over in a year’s time.

Among the Russian parliamentarians the Regions.ru news agency surveyed, Oleg Shein, a Just Russia member of the Duma committee on labor, social policy, and veterans affairs, offers an even bleaker assessment. He says that what Russia faces “not so much a crisis as a depression.”

Crises are cyclical, he points out; and they contain within themselves the bases for

Read more at: http://euromaidanpress.com/2019/03/31/russian-economy-isnt-in-crisis-it-is-in-a-depression-shein-says/