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Old 08-30-08, 06:27 AM   #116
Steel_Tomb
Ace of the Deep
 
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Also, remember that although the Russian defense budget has increased, because of inflation the real term gain is substantially less!

Source: Janes http://www.janes.com/news/defence/tr...0811_1_n.shtml

Also, if investors pull out of the market I think that we will see that Russia's economy will suffer quite a bit. I know they have reserves in place... but how long will that last??
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