Putin and Russia seem to have a seemingly endless ability to spend money to support the country’s political aspirations. Whether it’s the mindboggling $50 billion for Putin’s pet project on the Sochi Olympics (up from Putin’s initial estimate of $12 billion, with which he personally used to lobby the IOC in Guatemala), the $2 billion […]
Who’s Going to Pay for Russia’s Fiscal Adventurism?
February 4, 2014