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Recommend Georgia 'opportunity' cost: $8B (Email)

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POST: Is Putin getting outflanked on the right?, Passport Foreign Policy Blog, 09/03/2008
Money quote:
I believe that one of the reasons the fighting stopped was not because there weren't people in the defense ministry who thought it should go on for a bit longer, but because in the first two working days of the war, there was a total of some $8 billion net capital outflow from Russia.
Again, the truth emerges that there is some over-reach here on Putin's part. The minute the oligarchs feel that Putin does more harm than good to their economic connectivity, then he starts being interpreted more as a function than "the man." "Founders" get tossed by angry boards of directors all the time, so remember, a business masquerading as government isn't ambivalent about the bottom line. (Thanks: Se√°n J. Kreyling)


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