Boris Pankin Quote

Recession is when you have to tighten the belt. Depression is when there is no belt to tighten. We are probably in the next degree of collapse when there are no trousers as such.

Of Russia

in Independent 25 July 1992

Recession is when you have to tighten the belt. Depression is when there is no belt to tighten. We are probably in the next degree of collapse when...

Recession is when you have to tighten the belt. Depression is when there is no belt to tighten. We are probably in the next degree of collapse when...

Recession is when you have to tighten the belt. Depression is when there is no belt to tighten. We are probably in the next degree of collapse when...

Recession is when you have to tighten the belt. Depression is when there is no belt to tighten. We are probably in the next degree of collapse when...