As the Russian economy sinks
ever lower, the Kremlin will become even more desperate. The house arrests of
those with money will accelerate into a vicious circle, for by robbing those
with money, there will be less money to go around, and the economy will sink
even further. I guess Putin does not know the tale of the goose that laid the golden
eggs. As the Russian economist, Sergey Aleksashenko writes in his February 22
Nota Bene column: If Russian authorities wanted to decisively destroy hope for a
turn-around of the economy to a trajectory of growth that would be to publicly
demonstrate that property in Russia is not protected by anything.
go to Forbes.com
