Despite claim that Western sanctions were supposed to target just parts of Russia’s economy and not its general population, they were specifically designed to trigger the collapse of its banking system, food production, civil construction, and to trigger massive unemployment, widespread hunger and civil unrests. In essence, in 2016 Russia was supposed to have a return of the 90s catastrophe period known as “perestroika.” As for Russia’s involvement in Syria,
Tag "Russian economy"
by Paul Craig Roberts and Michael Hudson According to various reports, the Russian government is reconsidering the neoliberal policy that has served Russia so badly since the collapse of the Soviet Union. If Russia had adopted an intelligent economic policy, its economy would be far ahead of where it stands today. It would have avoided most of the capital flight to the West by relying on self-finance. Washington took advantage
NOTE: Readers are asking to know who, in addition to the Western-financed NGOs, are the Fifth Columnists inside Russia. Michael Hudson and I left the description general as Atlanticist Integrationists and neoliberal economists. The Saker provides some specific names. Among the Fifth Columnists are the Russian Prime Minister, head of the Central Bank, and the two top economics ministers. They are springing a privatization trap on Putin that could undo
By Matthew A. Winkler for ==>>Bloomberg<<== (yes, Bloomberg not the Kremlin’s press office!) Sanctions meant to punish Russia for snatching Crimea from Ukraine one year ago were supposed to hurt Russian business. And they did. Russian stocks, bonds and commodities had the worst performance in 2014 of those in any emerging market. That was then. Now the picture is changing, with investors starting to favor Russia in 2015. The ruble,
By Alexei Polukhin Source: Западные санкции сломали старую экономическую модель. Может, и к лучшему? Translated by Eugene Russia has become a two-time holder of “junk” or, put it milder, speculative sovereign rating after Moody’s — the second member of the global “big three” of rating agencies – followed Standard & Poor’s in revising the credit standing of our country. While in the first instance the reaction of the Russian
by “Diogenes” First of all, let me say that with all my respect to Dr.Glaziev in person, and his economical and political views, I have to make some reservations and comments. He never worked in real sector of economy, industry or the bank. His academic education and background is so called Economic Cybernetics. His postgraduate studies and Doctoral thesis were done in Central Economic-Mathematical Institute of the Russian Academy of