posted on Jan, 21 2008 @ 08:53 AM
In Russia, the collapse occurred on the stock market
The drop in the MICEX index occurred against a backdrop of declining global markets. The collapse began with Japan, where the stock closed
bidding Nikkei index falling to a two-year minimum. This was the reaction of investors in the past week for the unsuccessful American market shares
and new signs of a recession in the world's largest economy.
Then the stock market collapsed in India...
(visit the link for the full news article)