Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Saturday, November 8, 2014

Coercive Non-Violent Foreign Policy

The combination of low oil prices, poor economic policy and Western sanctions are crashing the ruble.  It's inflicting real pain in Russia's economy.

Of course, a wounded Russia is potentially a dangerous Russia.  But the idea that Putin has annexed Crimea and Eastern Ukraine without consequences is simply false.

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