1. Russain Currency Crash In August 1997
... in the transition to Capitalism and democracy. In the article "Money can't buy me love" in The Economist, Washington based Russia-watcher David Satter, states that the West had a dream of "a strong, friendly Russian government shouldering its shares of the world's problems". The West supported democrats and reformers in ... The combined GDP (Gross Domestic Product) of the 24 industrial countries in 1980 was $7.6 trillion; in 1991 it was $17.1 trillion. 1996 GDP of Russia as half a trillion. So during the past ten years bank lending has risen from 4% of GDP of these 24 ... says that the ...
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