Bear market reins in resurgent Russian bear
Wednesday, October 15, 2008 at 2:50AM
Thomas P.M. Barnett

ARTICLE: The Financial Crisis May Curtail Kremlin Plans for Modernizing Armed Forces, By Pavel Felgenhauer, Eurasia Daily Monitor, Thursday, October 9, 2008

Great point. Russia will be forced to spend a lot just to maintain and replace their nuke arsenal. Price of great power-dom.

(Thanks: Mohamed Ibn Guadi)

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