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He gained Crimea but the Kremlin is now a pariah

Thursday, 27 March, 2014

Ambrose Evans-Pritchard: “With a national fertility rate of 1.4, chronic alcoholism, and a population expected to shrink by 30m to barely more than 110m by 2050 — according to UN demographers, not Mr Putin’s officials — the nation must inexorably recede towards its European bastion of Old Muscovy. The question is how fast, and how peacefully.”

The international business editor of the Daily Telegraph is remorseless in his disdain for the new lord of Crimea. In a piece titled “Putin’s Russia caught in US and Chinese double-pincer,” he combines geography and demography with strategy and finance in assessing the hubris and thuggery that have blinded the Kremlin in its decision making. His verdict on Putin is merciless:

“At the end of the day he has condemned Russia to the middle income trap. The windfall from the great oil boom has been wasted. Russia’s engineering skills have atrophied. Industry has been hollowed out by the Dutch Disease: the curse of over-valued currency, and reliance on commodities.”

If you want to learn more about the true nature of this pariah state, read about The Magnitsky List and William Browder’s heroic battle with Russian evil.


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