So It's Gone

Friday, March 06, 2009
"We don’t know whether to cut any contracts in roubles or dollars, or something else. We don’t know what prices for anything will be, what demand will be, what our market will look like."

That's a banker talking about the situation in Russia. If you don't have answers to those questions, you don't have a functioning economy. So Russia is into a complete collapse, the consequences of which are fairly unthinkable.