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It isn't just Dismal Gordon who thinks he's abolished the economic cycle...

"Russia will become the world's fifth largest economy by 2020, if its GDP continues to grow 6-7% per year, the Russian economics minister said on Monday.

"If we maintain GDP growth at 6-7% per year, we'll join the group of the world's five largest economies. We are setting ourselves this goal," Elvira Nabiullina said". Source.


Much though I wish the Rodina and its inhabitants every economic good fortune, it is not going to happen, lady.

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Blogger James Higham said... 7:34 pm

You might be surprised how much inflow there is, Mr. C.  



Blogger Newmania said... 11:54 pm

Happy Christmas C  



Blogger Croydonian said... 10:44 am

James - I am all for it, I just do not think that 13 years of growth at 7% is enormoulsy likely  



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