Wait a disaster - Russian predicting the worst crisis since 1998

Rules igry11-09-2008 Wait a disaster - Russian predicting the heaviest since 1998, the crisis over Russia the dark clouds on the verge of thunder will strike, frighten the British media. According to the newspaper The Financial Times (FT) on our country is approaching the worst crisis since the default of the late 90's. Approximation of the crisis, comparable to the August 1998 default - there is, says the publication. Exodus of foreign capital forced Russian banks to cut lending by as the international response to military conflict with Georgia starts to affect the real economy, writes The Financial Times. Since May, the Russian stock market fell more than 40%. Estimated by analysts at $ 20 billion since the start of the conflict with Georgia outflows draining liquidity. Even yesterday's statement by President Dmitry Medvedev about undervaluation of some Russian companies and assets caused only a slight rise. Russian stock indexes update a record minimum of two and three years ago.