Russian Economy Close To Collapse

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Ben Cohen
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By Ben Cohen

According to a stark report in the Daily Telegraph, the financial crisis on Wall Street is having a serious impact around the world. The Russian economy is teetering on the edge of collapse, proving out global financial system is almost fatally flawed. The type of economic crisis the world going through has the potential to spark off all sorts of nasty conflicts, and it doesn't look hopeful that it will end any time soon.