And make no doubt about it - a collapse is exactly what it is, and it afflicts way more of the country than just the war-wracked Donbass. Ukraine now vies with Moldova for the country with the lowest average wages in Europe. Gabon with snow? Saakashvili is hopelessly optimistic. That would actually be a big... Read More
The map above (adapted from Wikipedia) shows the changes in Syriza's and New Democracy's electoral fortunes between the elections in January, 2015 and the new elections yesterday. A couple provinces flipped to Syriza, and three turned to ND. In short, no meaningful change at all, a fact also reflected in both the number of seats... Read More
As readers of this blog know, I have long regarded the return of economic crisis as an inevitability (because the core energy and no-growth predicament facing the Western world wasn't solved in 2008-9 but merely kicked further down the road by increasing debt and printing money). It looks like 2012 will be the crunch year,... Read More
As with the previous such post, this thread will primarily serve as a meeting ground where S/O readers can discuss the impending US fiscal crisis. As usual, I try to provide some context and avenues for discussion: 1. On August 2nd, give or take a few days, the US Treasury will run out of money.... Read More
Carrying on from yesterday's 2010 in Review, I'll now lay out my predictions for this year and see how well last year's stacked up to reality. (1) Last year, I wrote: "World economy continues an anemic recovery, though there are significant risks to the downside." Today I'd repeat this, but add that the risks have... Read More
So news is in that Britain's next government is going to be a Tory-Lib Dem coalition, bringing an end to thirteen years of New Labour dominance. At a time of profound economic uncertainty and the imminent return of Great Power politics, it is pollyannish to believe that any British government could resolve Britain's manifold problems... Read More
A year ago I predicted that there will be a "decoupling from the unwinding", as "emerging markets" by and large ride out the temporary shocks of declining Western demand for their exports (China) and the interruption of Western credit intermediation (Russia) before resuming growth. This is one aspect of the trends leading to the imminent... Read More
Every once in a while, there occurs a major shift in the international arena. The First World War and its consequences were the seminal change of the last century, collapsing ancient empires and ushering in a new era of ethno-nationalist clashes, political radicalism and emerging powers challenging the established order of Versailles, forces that were... Read More
Much like Putin's Russia, Venezuela has been unfairly victimized by Washington's foreign policy elite and savaged by the Western MSM, which have caricatured Chávez as a run of the mill Latin American populist strongman. In a previous post on this matter, I drew attention to the work of Mark Weisbrot at the CEPR, who has... Read More
I am a blogger, thinker, and businessman in the SF Bay Area. I’m originally from Russia, spent many years in Britain, and studied at U.C. Berkeley.
One of my tenets is that ideologies tend to suck. As such, I hesitate about attaching labels to myself. That said, if it’s really necessary, I suppose “liberal-conservative neoreactionary” would be close enough.
Though I consider myself part of the Orthodox Church, my philosophy and spiritual views are more influenced by digital physics, Gnosticism, and Russian cosmism than anything specifically Judeo-Christian.