par far wrote:"The Empire is losing the energy war"
The author of this article is spreading a lot of BS.
The Russian economy shrank almost 40% over the next two years.
Nobody with a clue would use the nominal exchange rate derived dollar size of the Russian economy. Even if the forex changed by 50%,
the Russian economy did shrink by 40% over two years since dollars are not used for Russian economic transactions. The small drop in 2015
was due to a transient inflationary spike induced recession. A recession driven by panic and not fundamentals. If anything, the
drop in the ruble forex rate stimulated Russian exports and thus its GDP. Also, the drop in oil prices in 2014 managed to be fully
counteracted by the ruble forex change. So Russia saw no actual drop in oil prices in ruble terms which is all that matters for
the Russian GDP.
Putin’s victory in the war and subsequent occupation of South Ossetia and Abkhazia
What rubbish. First the use of Putin instead of Russia as if Russia is nothing more than Putin and the ludicrous claim about occupation
of Abkhazia and South Ossetia. These were liberations and not occupations. Russian soldiers are not currently enforcing curfews
and shooting dissidents in these republics.
The author also fails to explain to his readers that all of these Russia bypass projects failed because there was no supply
capacity in Turkmenistan and the Caspian basin to make them viable. This has nothing to do with any "occupation" of
"virgin Georgian soil" or other fantasy shit. Before the year 2000 there was a widespread belief that the Caspian basin
would be another Saudi Arabia with massive oil reserves. Instead, it has turned into a flop with vastly smaller reserves
which also are hard to exploit. Turkmenistan also managed to commit most of the smallish export capacity it has to
China, so Nabucco was DOA.