Free Press - February 18, 2015. Stepan Demura

Hello, today the economic observer Oleg is in the studio. Our guest is asset manager, stock analyst Stepan Demura. Russia is a raw material colony. Commodity colony economics, that's a big difference.

Well, here is the connection with import substitution, by the way. Our farmers say all goods will rise in price. Components, genetic material, seeds, loans - no import substitution is possible. We are not competitive. They were also dragged into the WTO. The rate will be under thirty. Why are they doing this? Morons, sir.

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