Tag Archives: maksim kalashnikov

Putin betrays Russia’s Future

Paul Goble reports:

All the problems Russia had in the late 1990s remain unresolved because Vladimir Putin failed to use income from the rise in oil prices to address them, preferring instead to enrich himself and his friends and to pretend that the existence of such wealth, even though kept abroad, was by itself sufficient to pull Russia back from the brink.

But now, a decade after “the miracle” of the rise in oil and gas prices propelled Putin to the stop, Moscow commentator Maksim Kalashnikov says, “the Putin zigzag” in the ongoing decline of Russia is coming to an end, and Russia faces a terrible reckoning, one highlighted by but not limited to technological disasters.

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