Archives for September 2011

But Always, A Hero Comes Home

The King returns. As this is breaking news, please feel free to discuss this breaking news while I write up a more substantive post. In summary: (1) I was 75% wrong. (I gave Putin a 25% of returning to the PM; I thought the likeliest scenario would be for DAM to continue). (2) That said, […]

The Russophobes Were Right… (About The Wrong Country)

After peaking in 2007 at the height of its oil boom, the Russian economy slid off the rails, with GDP collapsing by 25% from peak to trough. Attempts to stem the decline by arresting pessimistic economists failed. Its image as a tiger economy, heavily promoted by Kremlin ideologues, was revealed to be a sham. Though […]