Economic discontent in Vladivostok

Behind the scenes, though, it appears that the Kremlin is concerned that resentment over the tariffs will continue to spread from the car dealers to the general population — and turn into a bigger backlash over the government’s handling of the financial crisis.  Revolt of the Used Car Dealersblockquote>

The instances of such local economic turmoil in many parts of the world are increasing.  Obviously worrisome.

Update:  Japan sank deeper into recession with its worst quarterly contraction in 35 years, data showed on Monday, its reliance on exports and soft domestic demand dragging down the world’s second-largest economy.


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