No Happy Endings If Russia Melts Down from Foreign Policy Magazine
"Russia’s meltdown cannot and will not have a happy ending. Today’s Russia is not the Soviet behemoth, comparatively disconnected from the world economy. Nor is it the struggling reform economy of the 1990s. It is the world’s eighth largest economy, well integrated into the global
marketplace. If Russia goes into a prolonged recession, it is not just Russia itself that bears the consequences—it will be the rest of the world as well."
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