The consequences and impact of the international economic crisis has spread into all corners of the world – and Tajikistan is no exception.
In some ways, the impact of the crisis has not been as felt here as in the West. Most of the people here did not have their life savings in the stock market nor were they taking out 50-year, 0% down, adjustable rate mortgages (in fact, 30 year mortgages are unheard of here).
However, the crisis is here too and the true aftermath may simply be delayed.
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