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 […]