Wednesday, May 11, 2011

More 7th Kilometer





For a fascinating, informational and somewhat humorous read from a NY Times writer in 2006, click on the Title.


This article was written five years ago, but you'd never know. It could have been written yesterday, because it's a perfect description of the market.



"This market is part third world bazaar, part post-Soviet Wal-Mart, a place of unadulterated and largely unregulated capitalism, where certain questions- about salaries, rents, taxes, or last names- are generally met with suspicion."



This one statement tells a lot about where the economy of Ukraine remains:


"The fate of the market depends on the economy of Ukraine," Berdalin said. "As soon as the economy of Ukraine develops normally, the necessity of our market will die."

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