EDITORIAL
Russia is not Sustainable
“What became clear from the financial crisis is that Russia is not a sustainable BRIC,” said Mark Leonard, director of the European Council on Foreign Relations.
What makes it so clear that Russia isn’t sustainable? The Wall Street Journal reports a truly stunning fact: “After years of rapid economic growth, Russia was hit hard by the crisis. Last year, its economy shrank by 7.9%. That put its economic performance in 206th place out of 213 countries, according to the Central Intelligence Agency.”
That’s right: Last year, only seven countries on the entire planet performed worse than the one presided over by proud KGB spy Vladimir Putin.
So now, a desperate Russia is attempting to make common cause with the European Union. Good luck with that, Russians.