"How do you like them apples?"
The Putin magic.
Putin has failed even with relatively high oil prices.
Criminy, he’s a communist. Failure is in their bones.
Oh come on. Putin is a genius on all matters; he’s the Gilgamesh of good government and a geo-political Gawd for the Putinist fan club.
History rhymes. Last time their economy started crashing, they engaged in adventurism abroad with the goal of controlling energy markets.
Fast forward, and they have an economy that can function correctly only if oil is near or above $100/BBL, fracking is the rage, and the US is becoming an energy exporter.
Invading Ukraine should not have been a surprise. It was the economic analysis of the USSR that led the NSA’s office to predict the USSR was ready to tip, and that a weapon’s program like Star Wars could provide the final push.
Turns out we got useful stuff from it. Iron Dome is nice.
“ It could be said that we have entered a negative stage of the economic cycle. Lack of demand is a significant obstacle on the way to restoring steady growth.”
Well, no shiit Sherlock. We are ALL in the same boat
and these “leaders” all seem to think more regulation
and government meddling is the cure.
Yep, the future looks bright, collapse, ebola, civil
breakdown, why, I can hardly wait...
Surely the Russians can deal with hunger and homelessness and other miseries, as long as Putin regains the pride that Russians once had when they used to be part of the old USSR.
Sacrifice: It’s for the greater good of pride in their country.
"How do you like them apples?"