Russia's poor choices

Washington Post:

Russians keep paying the price <br>for their leaders’ incompetenceRussians keep paying the price for their leaders’ incompetence


WONKBLOG | Whether it’s 1989, 1998 or 2014, the nation’s economy crashes every time oil prices do.
That is what happens when you have a command economy dominated by one product.  I find it interesting how much better Big Oil handles the ups and downs of the market.  Of course they are smart enough not to mortgage their future on social programs that can't carry their own weight.

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