1. Officials take heart that the economy has not collapsed since the withdrawal of Soviet aid. 2. Upon reflection, we might wonder why such an economy does not collapse in complete chaos. 3. He warned that such measures could cause the economy to collapse. 4. Because of the recent declarations of independence by the majority of republics there were fears that without an agreement on economic union the economy would collapse. 5. And they tell us that if they divide the currency their economy will collapse. 6. And when the economy collapsed and the developers defaulted on their mortgages, the church bought the buildings. 7. A burgeoning tourist industry was shattered, and the freed economy was collapsing as reports of terrorism, curfews and rights violations circled the globe. 8. Across Eastern Europe, state-run economies have virtually collapsed. 9. But a month later, the Russian economy collapsed. 10. But after the economy collapsed last summer, Russia effectively defaulted on much of its foreign debt. |