History is not only about dialectics but also about inertia, momentum, and convexity and this is why many have failed to see Russia’s collapse coming. Last year, The Economist was publishing ridiculous stories about Russia withstanding sanctions. The reality is very different, however. Already we could see that Russia was in for a disaster, but a little bit more than one year after Russia’s invasion of Ukraine, Venezuela 2.0 is no longer loading but has become Russia’s new reality. It’s only going to get exponentially worse for Russia from now on.
You can’t deplete your economy from your major monetary revenues, disengage from the US Dollar and the international financial system, and still expect to have economic stability just because you are a big country: on the contrary, your problems will be bigger in magnitude, and less manageable, so it’s going to be even worse than Venezuela. Gazprom knows this and this is why it has formed its own military units: to prevent mobs and other armed groups from stealing its infrastructure. Gazprom is not arming itself against foreign threats because its biggest security threats are now internal.
Website Editor
Historian and Publisher



Leave a Reply