Let the Past Collapse on Time! by Vladimir Sorokin | The New York Review of Books

From Vladimir Sorokin:

Yeltsin, who was tired after climbing to the top of the pyramid, left the structure completely undisturbed, but brought an heir along with him: Putin, who immediately informed the population that he viewed the collapse of the USSR as a geopolitical catastrophe. He also quoted the conservative Alexander III, who believed that Russia had only two allies: the army and the navy. The machine of the Russian state moved backward, into the past, becoming more and more Soviet every year.

In my view, this fifteen-year journey back to the USSR under the leadership of a former KGB lieutenant colonel has shown the world the vicious nature and archaic underpinnings of the Russian state’s “vertical power” structure, more than any “great and terrible” Putin….A country such as this cannot have a predictable, stable future….

Unpredictability has always been Russia’s calling card, but since the Ukrainian events, it has grown to unprecedented levels: no one knows what will happen to our country in a month, in a week, or the day after tomorrow. I think that even Putin doesn’t know; he is now hostage to his own strategy of playing “bad guy” to the West…..If you compare the post-Soviet bear to the Soviet one, the only thing they have in common is the imperial roar. However, the post-Soviet bear is teeming with corrupt parasites that infected it during the 1990s, and have multiplied exponentially in the last decade. They are consuming the bear from within. Some might mistake their fevered movement under the bear’s hide for the working of powerful muscles. But in truth, it’s an illusion.

Translated from the Russian by Jamey Gambrell.

Read more at Let the Past Collapse on Time! by Vladimir Sorokin | The New York Review of Books.

It started with a Super Bowl ring, now Putin is taking whole countries

Robert Kraft, owner of the New England Patriots, says Vladimir Putin stole his prize Super Bowl ring in 2005:

“I took out the ring and showed it to [Putin], and he put it on and he goes, ‘I can kill someone with this ring.’ I put my hand out and he put it in his pocket, and three KGB guys got around him and walked out.”

Kraft revealed that he hadn’t intended to part with his prize from the Patriots’ win over the Philadelphia Eagles in Super Bowl XXXIX. He claims that a call from the White House kept him from attempting to recover it. The official overcame Kraft’s objections, repeatedly saying:

It would really be in the best interest of US-Soviet relations if you meant to give the ring as a present.

This may have been a mistake by the Bush administration, considering that Vladimir Putin has graduated to seizing parts of Georgia, the Crimea and now has his eyes on Eastern Ukraine. As Winston Churchill would have said:

An appeaser is one who feeds a crocodile hoping it will eat him last.

Read more at Kraft: Putin stole Bowl ring | NY Post.

Enough to make Gazputin grin

  • Chinese stocks drift lower
  • Crude oil rising
  • Other commodities weak

China’s Shanghai Composite Index continues to drift lower on the long-term, monthly chart.

Shanghai Composite Index

Apart from crude oil, commodity prices have fared little better. But crude plays such a dominant role in most commodity indices that they appear more buoyant. Dow Jones-UBS Commodity Index rallied to 140 before retracing for another test of primary support. Oscillation of 13-week Twiggs Momentum around zero, however, does not suggest a significant trend.

Dow Jones UBS Commodities Index

Crude oil is doing a lot better, heading for another test of $110/barrel on the back of supply threats from geo-political tensions. The ascending triangle is very large, but breakout would suggest a long-term target of the 2008 high at $145*.

Brent Crude and Nymex Crude

* Target calculation: 110 + ( 110 – 75 ) = 145

…Enough to make even Gazputin grin.

Vladimir Putin

Read more at Bloomberg, June 2013: Gazprom’s Demise Could Topple Putin

Putin’s strategy: Turning Russia into China’s Ukraine

What is starting to dawn on Vladimir Putin is that, in a free-market system, one is more beholden to one’s customers than to one’s suppliers. It is easier for customers to take their business elsewhere than for suppliers to do so.

China’s biggest customers are Europe and the United States. Russia is attempting to switch their customer from Europe to China. That would move them further down, not up, the supply chain. As Prof Timothy Snyder points out:

…Putin would have to fall back on China, and Russia would become China’s Ukraine.

Challenging Putin’s Values | NYTimes.com

Thomas L. Friedman’s opinion at the NY Times:

…….Ukraine is not threatening Russia, but Ukraine’s revolution is threatening Putin. The main goal of the Ukraine uprising is to import a rules-based system from the E.U. that will break the kleptocracy that has dominated Kiev — the same kind of kleptocracy Putin wants to maintain in Moscow. Putin doesn’t care if Germans live by E.U. rules, but when fellow Slavs, like Ukrainians, want to — that is a threat to him at home.

Don’t let anyone tell you the sanctions are meaningless and the only way to influence Russia is by moving tanks. (Putin would love that. It would force every Russian to rally to him.) If anything, we should worry that over time our sanctions will work too well. And don’t let anyone tell you that we’re challenging Russia’s “space.” We’re not. The real issue here is that Ukrainians, as individuals and collectively, are challenging Putin’s “values.”

We couldn’t stop them if we wanted to. They’ve been empowered by globalization and the I.T. revolution. Get used to it, Comrade Putin.

Read more at Challenging Putin’s Values – NYTimes.com.

Vladimir Putin’s irrational behavior: Why the Russian president wins if we think he is crazy.

Scott Radnitz suggests that Vladimir Putin is not crazy — just deliberately acting that way.

….consider strategic theorist Thomas Schelling’s concept of the “rationality of irrationality.” This can be illustrated through the game of chicken, in which two drivers are heading for each other at full speed, and the first to swerve is the chicken. A driver who appears crazy enough to prefer dying over chickening out will always have the advantage. It is therefore rational for a player to convince his opponent that he is actually irrational.

Read more at Vladimir Putin’s irrational behavior: Why the Russian president wins if we think he is crazy..

Russia’s shrinking influence

Lorena O’Neil suggests that the number of Russian language speakers will halve from 300 million in 1990 to 150 million by 2025.

….countries that were traditionally bound to Russia by language, culture, energy and ethnicity are starting to gain independence, and relationships with other countries like China are increasing……..[Paul] Goble suggests that Putin will continue to engage in bombast with his neighbors because he’s playing an extremely weak hand that is getting weaker. “In a sense, the thuggishness that Putin is using (on) his neighbors is a product of the weakening of Russia’s cultural influence.”

Read more at Forgetting How to Speak Russian | Fast forward | OZY.

Europe’s Five Deadly Sins on Ukraine | Carnegie Europe

Jan Techau of Carnegie Europe writes:

….In recent years, Russian President Vladimir Putin has talked about the Kremlin’s fears of Western encirclement. He has declared that EU and NATO enlargement are part of a conspiracy to destroy Russia, that Ukraine is not really a sovereign nation, and that Western agents provocateurs were behind Ukraine’s 2004–2005 Orange Revolution.

Amid all that rhetoric, the West failed to recognize that Putin was deadly serious. Such talk was dismissed either as cheap propaganda or as the mild lunacy of a handful of overideologized true believers. Nobody imagined that Putin himself really believed his own bluster.

But for the Russian president, the fight over Ukraine is not an imperialistic adventure, it is a fight for survival against a mortal Western enemy. Just because observers in the West know that’s nonsense, that doesn’t mean that others think the same. Such Western projections were finally debunked when German Chancellor Angela Merkel remarked to U.S. President Barack Obama on March 2 that Putin was “in another world.”

Read more at Europe’s Five Deadly Sins on Ukraine – Carnegie Europe.

Putin invaded Ukraine because he had to | Foreign Policy

Leon Aron at Foreign Policy writes:

The right foreign-policy move at the right time can boost a leader’s ratings and the regime’s popularity. This is doubly true for authoritarian regimes that lack democratic legitimacy, and it is true for Russia today.

In Vladimir Putin’s Russia, as one top pollster told me in Moscow a few weeks ago, “foreign policy is pretty much the only thing that works.” What he meant was that, with the country’s economy slowed to a crawl, and with the regime facing near-universal revulsion over the corruption, thievery, and incompetence of officials at every level, racking up foreign-policy successes has become vital to maintaining Putin’s popularity — which, in turn, is key to the legitimacy of the whole enterprise.

Read more at The Front Lines on Russia's Home Front.