Paul Craig Roberts and Michael Hudson – Russia’s Weakness Is Its Economic Policy

According to various reports, the Russian government is reconsidering the neoliberal policy that has served Russia so badly since the collapse of the Soviet Union.  If Russia had adopted an intelligent economic policy, Russia’s economy would be far ahead of where it stands today.  It would have avoided most of the capital flight to the West by relying on self-finance. …

Russia’s Central Bank Governor Is Way Smarter Than Ours

It wouldn’t be a first, but it would certainly be a – bigger – shock. That is to say, the Bank of England hijacked the head of Canada’s central bank some time ago, but, while unexpected enough, that would pale in comparison to the US hiring the present Governor of the Russian central bank, Elvira Sakhipzadovna Nabiullina. It would still …