In Moscow's Shadows In Moscow's Shadows 172: BRICS without Straw
Oct 26, 2024
The recent BRICS summit in Kazan is a key focus, revealing Putin's attempts to reshape Russia's global image while showcasing the transactional nature of alliances with nations like China and Iran. The discussion touches on Russia's complex political landscape, drawing parallels with past decades of instability, crime, and mysticism. Economic challenges are explored, especially in light of recent interest rates and the ongoing impact of the Ukraine conflict. The analysis concludes with reflections on modern governance's stagnation, reminiscent of historical socio-political declines.
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Russia's Transactional Relationships
- Putin is trying to position Russia as a leader in a new world order, but his influence is limited.
- Russia's relationships with other countries are transactional, requiring payment for support and alliances.
BRICS: A Propaganda Win, But Limited Impact
- BRICS summit held in Kazan provided a propaganda win for Putin, showcasing Russia's perceived global influence.
- Despite this appearance, BRICS expansion has stalled, key countries declining to join and Russia's control limited.
Is it the 'Wild 90s' Again?
- Some observers compare current trends in Russia to the 'wild 90s' due to rising crime and mysticism.
- Unlike the 90s, the Russian state remains strong and the economy functional, though under pressure from war.