America, Stomping Russia
The chart above declares, far more powerfully than any words ever could, how totally insane it is for Vladimir Putin to so aggressively pursue a new cold war with the United States. He shouldn’t need such economic data, of course, a simple study of history ought to sufifice.
Russia’s economic performance has been nearly four times worse than America’s over the past twelve months, more than twice as bad as Europe’s and comparable only to Japan, a tiny island with no raw material resources of any kind and a standard of living immeasurably higher than Russia’s. This ratio matches up perfectly with the report we carried in our last issue from a Russian economist showing that Russian workers are four times less productive than Americans.
And here’s something even more damning of Putin’s Russia: Even though America’s performance has been far better, it still affected regime change in its last election. Russia stayed the course. That tells you all you need to know about the darkness that still hangs over a backward nation that seems hellbent on its own destruction. Americans are working furiously to make fundamental changes in the way they do things so as to improve. Russians are continuing to live under the rule of the KGB, which has not only presided over the current economic collapse but which played a key role in destroying the USSR as well.
The people of Russia are allowing Putin to replay the cold war all over again and giving him a free pass to mismanage and destroy the economy. One defeat wasn’t enough for them, nor one national collapse. They’ve come back for more, heedless of the vaguest semblence of reality because the Kremlin feeds them precious little real information.
They’re going to lose, all over again, and watch their country collapse, all over again.