Bloomberg – The Russian president is taking his country straight down a path that could lead to a regime much worse than his.
The sanctions to some extent play into his hands, allowing him to cast economic suffering as a necessary consequence of standing up to the West, rather than a result of his own mismanagement. In one stroke, Putin has rewritten Russia’s social compact, justifying the Kremlin’s grip on power not with the promise of prosperity but with an appeal to nationalist pride.
The longer Russia’s economic malaise lasts, the greater the chances that the opposition to Putin will turn into something more virulent. more> http://tinyurl.com/lggzx5q
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