Dynamic Wealth Management Headlines: Why Russia Is So Unhappy – In Its Own Way
By Sergei Guriev
http://www.
themoscowtimes.
com/opinion/article/why-russia-is-so-unhappy–in-its-own-way/439001.
html
The St.
Petersburg International Economic Forum is taking...
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Dynamic Wealth Management Headlines: Why Russia Is So Unhappy – In Its Own Way
By Sergei Guriev
http://www.
themoscowtimes.
com/opinion/article/why-russia-is-so-unhappy–in-its-own-way/439001.
html
The St.
Petersburg International Economic Forum is taking place as the global economy is facing new
challenges.
These challenges are certainly less troublesome that those in fall 2008 when the global
financial system seemed to be falling apart, or in 2009 when the global economy declined for the first
time in a decade.
The situation in the world economy in general, as well as in almost every individual country, seems to be
more stable at the moment.
But the very fact that almost every country is facing major risks in the near
future, and that it is not clear how these problems will be resolved, is somewhat reminiscent of the St.
Petersburg economic forum of 2008.
Then, everybody was talking about global imbalances and the
subprime mortgage crisis.
Yet, the world economy was booming, an
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