Can Putin Stand Up To Washington?
Drake University Emeritus Professor of Economics Ismael Hossein-zadeh explains that the reason Russian President Vladimir Putin so often blinks when Washington confronts him is that the ruling oligarchs in the US and Russia are members of the same financial elite. The more than one hundred Russian billionaires are financially integrated into the West and are able to elevate their interests above Russian national interests.
If this is correct, then Russia’s only alternative if Russia is to remain a sovereign country and escape being another Washington puppet state like the UK, all of Europe, Canada, Australia, and Japan is to nationalize without compensation the holdings of the Russian billionaires. Most of them stole their fortunes in the turbulent days of Soviet collapse and privatization. The Russian people should steal them back.