Nothing short of a miracle will prevent a sharp economic decline in Russia in the coming year, but don’t expect Putin’s popularity to take a big hit because of it.
Vladimir Putin is really thumbing his nose at the West now. Today he invited Kim Jong-un to Moscow for the anniversary celebration of Russia’s victory over Nazi Germany.
The outlook is looking worse and worse for all of the ways that Ukraine hoped it would be able to improve its financial lot: foreign aid, foreign investment in shale, and energy independence.
The Obama administration may represent “Peak Left” in American politics. As a result, what we are getting from the left these days is a mix of bewilderment and anger as it realizes that this is as good as it gets.
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We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.