Great Depression Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ===Other "great depressions"=== The [[Dissolution of the Soviet Union|collapse of the Soviet Union]], and the breakdown of economic ties which followed, led to a severe economic crisis and catastrophic fall in the [[Standard of living|standards of living]] in the 1990s in [[post-Soviet states]] and the former [[Eastern Bloc]],<ref>[http://news.bbc.co.uk/1/hi/business/966616.stm "Child poverty soars in eastern Europe"], BBC News, October 11, 2000.</ref><ref>{{cite news |title=The wild decade: how the 1990s laid the foundations for Vladimir Putin's Russia |url=https://theconversation.com/the-wild-decade-how-the-1990s-laid-the-foundations-for-vladimir-putins-russia-141098 |work=The Convervation |date=2 July 2020}}</ref> which was even worse than the Great Depression.<ref>See "What Can Transition Economies Learn from the First Ten Years? A New World Bank Report," in ''Transition Newsletter'' [http://worldbank.org/transitionnewsletter/janfeb2002 Worldbank.org] {{Webarchive|url=https://archive.today/20120530044004/http://worldbank.org/transitionnewsletter/janfeb2002 |date=May 30, 2012 }}, [http://www.k-a.kg/?nid=5&value=6 K-A.kg]</ref><ref name=Russia>[https://query.nytimes.com/gst/fullpage.html?res=9B03E4D91E3AF93BA35753C1A9669C8B63 Who Lost Russia?], New York Times, October 8, 2000.</ref> Even before Russia's [[1998 Russian financial crisis|financial crisis]] of 1998, Russia's GDP was half of what it had been in the early 1990s.<ref name=Russia/> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page