Sat., 01.01.1436 Hjr / 25.10.2014, 21:54 Emirate time РусскийEnglishtürkçeعربي

main

mirrors

add. formats
Google
Kavkaz-Center
WWW
Our button

News feeds
 
RussiaEvents Also in this section

World created by Putin collapses

Publication time: 3 January 2013, 02:34

A dozen years of prosperity and stability have kept Russia's leader wildly popular. Now his whole world is about to collapse.

 

The world is changing. Russia is not. And aborigine Putin would like things to stay that way. Stability has been his No. 1 selling point ever since he came to power 12 years ago. Even prosperous Muscovites-people who don't much care for their president's brand of Soviet nostalgia, his macho nationalism, or his KGB-style crackdowns on dissent-mutter among themselves that for all his regime's flaws, its predictability is still preferable to the wild upheavals of the 1990s.

 

And who can blame them? Over the past century, Russians have seen their full share of excitable demagogues, from Bolsheviks to capitalist shock therapists, all of them promising big changes for the better, and most of them dismally failing to deliver. That reassuringly solid sense of permanence is why more than 60 percent of Russians say they still love Putin after all these years.

 

Unfortunately for the Russian tyrant, however, change is imminent-and in a form utterly beyond his control. Two words have already begun rocking Putin's world: shale gas. The new technology, which allows natural gas to be extracted cheaply and in previously untapped places, is about to upend not only global energy prices but also the geopolitical status quo-with Russia as the prime loser.

 

For more than a decade, rising oil and gas prices have kept Putin's Russia aloft. The entire unwieldy apparatus, from massive military spending to the magical thinking of Putin's low tax, high-spend policies, is based on petro-wealth.

 

And Russia's fountain of loot is beginning to dry up.

 

A decade ago, Putin counted then German Chancellor Schroeder among his closest friends and shared traditional Russian saunas with him (not to mention signing him up for a cushy job at Gazprom when Schroeder retired in 2005). But Schroeder's successor, Merkel, is not so shy about taking Putin to task for human-rights abuses.

 

Department of Monitoring

Kavkaz Center



G. SOROS: Russia threatens very existence of Europe
J. Assange: Swedish police raided ISP of Kavkaz Center under pressure from Russia
America to help Kurds with weapons. Turkey to allow Kurdish terrorists to pass to Kobani. IS captures a prison
Poles, survived in Russia terrorist attack of 2010, later killed by KGB special forces
America blames Russia for lack of true democracy
YEMEN. Fightings between al-Qaeda and Shiite Houthi militants intensify
Fightings for Kobani continue. Turkey refuses to arm Kurds
Council of Europe General Secretary Jagland turned out to be a KGB agent
United Province of KBK. Two policemen eliminated in provincial capital
Terror, robbery, kidnappings in Dagestan (video)
SYRIA. Former Iraqi pilots teach the IS flying. Fightings in Kobani
KATYN 2. Polish anti-communist: Russia's slaughters of Chechens and Poles have the same origin
World largest prison constructed by Russia's KGB regime
Turks tell where they plan to establish so-called 'buffer zone' in Syria
'Special operation': Triple murder in Dagestan
American rabbi calls for all-out war against Islam, 'to exterminate it, utterly and absolutely'
Iran takes over Yemen. Al-Qaeda became the only force opposing Shiites
Russians murder Chechens in Turkey
Nuclear fusion revolution will bury Russia
EU foreign minister and NATO chief family also worked for the KGB
No proof of Russian withdrawal near Ukraine, NATO says
Turks warplanes bomb Kurds on Iraqi border. Fightings continue in Kobani
Investors abandon Russia
Russian army general eliminated in Ukraine
Kurds threaten Turkey with war in event of Kobani falls