World Economy

Economic Collapse

Economic CollapseEconomic Collapse

The danger of economic collapse in Ukraine is not a tale spun by the “Kremlin,” as Kiev is about to face the 1990s all over again, Russian Prime Minister Dmitry Medvedev said Monday, Sputnik reported. “Unfortunately, the problem of a default – and, on a larger scale, the looming threat of social and economic collapse in Ukraine – is not fiction made up by ‘Kremlin’ or someone else,” Medvedev said.