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The annual St. Petersburg International Economic Forum (SPIEF) once again became a source of revelations about how bad things really are in Russia and its economy - the truth kept breaking through the layer of feigned glamour. Vladimir Milov sums up the most interesting for you - and there were plenty of sensational confessions there, starting with the first official recognition of the fact that the economy is on the brink of recession, that is, decline.
Watch the entire macroeconomic session at SPIEF: www.youtube.co...
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