« South Africa self-destructs | Main | The Map shows shared vulnerability »

Bear market reins in resurgent Russian bear

ARTICLE: The Financial Crisis May Curtail Kremlin Plans for Modernizing Armed Forces, By Pavel Felgenhauer, Eurasia Daily Monitor, Thursday, October 9, 2008

Great point. Russia will be forced to spend a lot just to maintain and replace their nuke arsenal. Price of great power-dom.

(Thanks: Mohamed Ibn Guadi)

Comments (1)

Considering that the price of oil has dropped by over half from its peak, one could assume that almost all of the "gross margin" Russia has been wallowing in has gone out the window.

The Medvedev-Putin chimera may or may not find it possible to back off its bellicosity and beggar-thy-neighbour approach and attitude, though. I still expect it to try and overthrow the Ukraine and cut Georgia's pipeline.

Post a comment

Comments must adhere to the comment policy. All TypeKey comments will post immediately (but are still subject to moderation) All other comments must wait for moderation before they publish. Please also read How to write so Tom will post/reply.

'Development-in-a-Box' is a registered trademark of Enterra Solutions.

Buy Tom's books online









About

This page contains a single entry from the blog posted on October 15, 2008 6:50 AM.

The previous post in this blog was South Africa self-destructs.

The next post in this blog is The Map shows shared vulnerability.

Many more can be found on the main index page or by looking through the archives.