Roubini: What Russia Needs Is A Good Crisis, So It Can Fix Itself

Will Russia ever not be a country run by corrupt thugs that extract tribute from major industries?

Maybe, says Nouriel Roubini, but to actually reform their economy, they’re going to need a good crisis first.

Here he is in Moscow, slamming the government corruption, and saying perhaps it will take a good oil shock (to the downside, obviously) to really jar the company out of its problems.

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