How did it work for 80 years? Communism is a failure.
]]>What a strange description of recent events in Ukraine. If Putin’s reaction has been violent, it is because of a violent coup d’etat organised by Washington and Berlin in Kiev – or just ‘brokered’ by Washington if Obama is to be believed.
Western Ukraine wanted to go West in search of a dream European
Union. Eastern Ukraine wanted to be left alone to continue its
perfectly satisfactory relations with Russia. Crimea has never wanted
to be part of the West or Ukraine. There was to have been an election
in 15 months but the Western powers either could not wait or feared
the result.
Putin and his close circle were trained in subversion and propaganda by the KGB, says Rabinovich, and do not understand the complexity and interdependence of international financial markets. As their anti-Western rhetoric and policies erode investor trust, Russia slides into Soviet-style isolation. Yet Russia’s economy today is so closely linked with the global markets that isolation will mean total economic meltdown.
This comes at a time when the federal government in Moscow is spending billions to prop up the falling national currency and as the Kremlin rapidly runs out of money, it is losing its grip on problematic regions such as terrorist hotbed Chechnya. Rabinovich predicts that when the federal government will no longer be able to offer financial incentive to the regions, Russia’s feeble federalism will crumble.
Rabinovich’s worst-case scenario, however, is an outcast Russia in the world’s financial markets with Putin “clinging to power.” He says that unless Russia reverses its aggression in Ukraine, cuts out the nationalist, isolationist rhetoric, and undertakes judicial and economic reform, collapse will start in a matter of months in Russia’s outlying regions, especially in provincial one-factory towns.
]]>the dollar’s collapse would suggest a collapse of US hegemony would suggest greater multipolarity would suggest that entropic forces in the BRICS increase rather than decrease.
And even now with the whole expected-yet-absent balancing phenomenon that would bring the BRICS together in the face of US domination seems to be sputtering a bit, you know, with that whole China laying claim to the whole of one of its ‘ally’s’ provinces (Arunachal Pradesh). still some kinks to work out there eh.
]]>It’s either Russia or China situation for Mongolia. So “the lesser of two evils” principle tells you that they should be sticking to Russian sphere of influence than Chinese. it has worked for 80 years now. Probably it will work in the future.
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