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A shocking read, this article: Russians play down crisis as economy falters. “Russians know better than most what a crisis feels like. They survived the breakup of the Soviet Union and the ensuing shortages, and they lived through the devastating financial collapse of 1998.” So basically the Russians are in a much better position, right? I mean if they know better than anyone what it’s like, then they will surely be able to cope better than anyone?

An interesting point made in the article which shows clearly how media and reality come into play: “They don’t talk about it much on TV, but we feel it. We hear about job cuts, salary cuts. Several of our friends have had their wages held back,” said Maria Doroshkina, a shopper in her early 20s at Moscow’s giant Evropeisky mall. “But how can it be any worse than the last crisis?” The fact of the matter is though, that the western world is no better. News about the global economic crisis is minimal, especially over the last few days.

One can be aware, that the recent terrorist attacks in India are tragic but it is rather questionnable how media outlets like CNN, BBC amongst others are showing nothing but news related to India – are we experiencing cencorship? Or is the media leading us away from our reality?

Image by akras under Creative Commons

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Author: GlobalCrisisNews.com (272 Articles)

2 Comments

  1. Alina says:

    Do you know who knows more about the crisis? – Ukraine does. Just try to get to know more… 1998 year in nothing comapring to nowadays in crisis…. now it is much more bigger, it is huge, and everybody is scared to death….
    nothing is going on in Ukraine against the crisis….. This is what our country is like…

  2. CJ says:

    I’d guess that, at the end of this crisis, we will see a new world order in many respects and I wouldn’t be surprised if Russia was the new USA. Just a thought…

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