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Russia - thanks to its reserves and stabilisation fund - is likely to be immune from many symptoms of a double-dip crisis, but if demand does fall, Russia could be hit hard by collapsing commodity prices.
That's just one of those things I have to read multiple times to fully grasp the economic subtleties.
Each round is followed by a thwack and a forehead bruise though. Picture my head meeting my desk.
Anyone want to predict the odds of a double-dip crisis that also has stable demand? I'm tempted to guess 0%.
One of these things is not like the other things. One of these things just doesn't belong.
- likely to be immune
- double-dip crisis
- if demand does fall
- hit hard
- collapsing commodity prices
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