The Harvard Professor Who Enabled Putin and the Oligarchs

It was under Clinton that the Harvard Institute for International Development let professor Jeffrey Sachs propose the economic “shock therapy” for Russia. This directly lead to hyperinflation and the give away of major industries to the lucky few who became Russia’s oligarchs. This was a f**k up on a historical scale

Why Russia needs to be humiliated in Ukraine (Too little was learnt from the collapse of the Soviet Union)

in 1991 there was a sense among many Russians that the USSR was not so much defeated as it folded under its own weight. Too many refused to accept that the Soviet collapse was the outcome of years of economic mismanagement and imperial hubris – and so they looked for traitors instead

Ukraine has punctured a big, gaping hole in the narrative of Russia’s ‘greatness’. Russia is poor, corrupt and authoritarian, and now we also know that it is weak and pathetic. Russia’s ‘greatness’ has crumbled in an orgy of murder and rape inflicted by brutal occupiers in Ukraine. Tainted by the blood of the innocents, and beaten in honest combat, the bully has been reduced to size. It’s about time. Thank you, Ukraine, for serving this bitter medicine. Russia needed it badly.

Russia needs proper humiliation. It needs a humble recognition of its diminished status, an acceptance of guilt, and a slow, painstaking effort to rebuild the trust of those it has wronged. Russia did not learn this lesson in the 1990s. It must learn it now.

Sergey Radchenko

Putin’s fantasy that Ukraine is key part of Russia is backwards

Putin’s weird concept of Ukraine being an essential part of the ancient greatness that is Russia was his motivation for invading Ukraine. Here are the words from Putin’s own mouth:

The funny thing is, Putin is completely wrong on the facts. Ukraine was around for 1000 year before they allied with “Muscovy” (the nation that became Russia). For details, read: (paywall if you read too many articles in for free)

Can we just skip to the part where Putin kills himself in a bunker?

The Kleptocrats Next Door. The United States has a dirty-money problem.

Delaware, Nevada, South Dakota, and Wyoming—nice, normal American states, full of nice, normal Americans—have created financial instruments that nameless investors can use to hide their money from the world

Why doesn’t the U.S., instead of abetting the elaborate arrangements, exert its leverage to help change the rules and eradicate the system? Part of the answer is obvious. Powerful people benefit from it, and they are intent on keeping it in place.

Anonymous purchases of Trump properties skyrocketed once he became the Republican nominee for president. As Michel writes, “We have no idea who the vast majority of these purchasers were, or where they came from, or where they got their money, or what they wanted—or how they impacted American policy.”