For a wide variety of reasons, Russia is a country that tends to draw
out extremely heated reactions from Westerners. Very rarely does one
encounter analysis that concludes that, despite its many and obvious
problems, very little will change and people will continue to muddle
through. Russia is eternally on the verge of an epic catastrophe or a
great triumph.
The introduction of newly-enhanced US and EU sanctions against Russia, which have now targeted its most important financial institutions and several of its most important energy companies, has compelled some journalists to wonder whether or not its economy is “on the verge of collapse.” Others have started to openly speculate about who would replace Putin in the event that the government collapses or in the event that he is driven from power in a palace coup. These criticisms fold nicely into those delivered by Barack Obama: Russia is a country that doesn’t make anything, that doesn’t support entrepreneurs, and that, quite simply, is place where no one wants to live. Russia, in other words, is doomed.
http://www.forbes.com/sites/markadomanis/2014/08/12/despite-us-and-eu-sanctions-russias-economy-is-still-growing/
The introduction of newly-enhanced US and EU sanctions against Russia, which have now targeted its most important financial institutions and several of its most important energy companies, has compelled some journalists to wonder whether or not its economy is “on the verge of collapse.” Others have started to openly speculate about who would replace Putin in the event that the government collapses or in the event that he is driven from power in a palace coup. These criticisms fold nicely into those delivered by Barack Obama: Russia is a country that doesn’t make anything, that doesn’t support entrepreneurs, and that, quite simply, is place where no one wants to live. Russia, in other words, is doomed.
http://www.forbes.com/sites/markadomanis/2014/08/12/despite-us-and-eu-sanctions-russias-economy-is-still-growing/
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