Thursday, March 18, 2010

Russian delegation gets whirlwind tour of NM economy

New Mexico Business Weekly - by Megan Kamerick NMBW Staff

A popular Russian proverb goes something like this: If only I knew where I was going to fall, I’d lay down some straw there ahead of time.

Russians had no more inkling than the rest of the world that the financial collapse was coming, but they were spiritually prepared, said Vladimir Yuskov through a translator.

“We’ve been in crisis for 20 years, ever since Perestroika,” he said, referring to the late 1980s social and economic reforms led by Soviet leader Mikhail Gorbachev.

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