Very interesting and informative interview on what to expect the world in connection with the new accession to the Obama White House, in terms of economics.
As you know, narrow-minded economists use a huge variety of terms and concepts and, often, their calculations remain simply incomprehensible to most ordinary people. Shevchenko tried and, I must say, with success, to force Khazin to explain everything in a simple, understandable language to anyone, even the furthest person from the economy, what the essence of the current crisis is, and how the crisis will go further in connection with Obama's new term.
Unfortunately, nothing good can be expected either for the United States or Russia. As Khazin said, it is not yet a crisis, but when hot water stops flowing from the tap and you cannot buy pants, then there will be a crisis. Many did not know, but Russia is very closely connected with the United States, especially in economic terms. And when the US economy collapses, the situation in Russia will be even worse than in America. Why? “You will find out by looking at this conversation.”