Russia paid small price in crisis - Medvedev

[Kshasty]

Source: RIA Novosti

President Dmitry Medvedev reiterated on Thursday that Russia has survived the global economic crisis with no major losses.

Speaking live on state television in his review of the outgoing year, Medvedev said: "The year was extremely difficult and saw many dramatic events. We have survived and are continuing to develop, paying, in my opinion, a relatively small price for the international financial and economic crisis."

He said Russia could see a GDP growth of 2.5% to 5% next year.

Read more: http://en.rian.ru/russia/20091224/157339534.html

[Proletariatprincess]

1. The USA caused this world wide recession.

It just makes sense that other countries are coming out of it better than than we are. Also, they are better able to take actions to midigate their problems than the dysfuntional government of the USA.

[msongs]

2. we need to spend a lot more $$ on welfare for the military/corporate complex nt

[Zynx]

3. We actually saw a smaller decline in total economic output than most countries.