Sunday, September 20, 2026
Enemy of the people
Friday, August 21, 2026
Wednesday, June 17, 2026
Tuesday, May 26, 2026
Tuesday, March 24, 2026
Friday, February 20, 2026
Krasnov
Tuesday, December 30, 2025
Monday, December 29, 2025
You hit them back first
Monday, December 15, 2025
In his master's steps he trod
Wednesday, December 10, 2025
Sunday, November 30, 2025
Monday, November 3, 2025
Russia continues to slump
Now is not the time to let Russia off the hook. Its economy continues to slump. Growth is nugatory, business confidence sliding and the PMI is still trending down.
GDP up 0.4% year-on-year, including spending on the war with Ukraine.
Saturday, August 30, 2025
Little mousie
Monday, August 25, 2025
Russia's economy is in trouble
The chart below shows business confidence and S&P Global's manufacturing PMI. Both are falling fast, with the PMI lower than it's been since the Covid Crash.
It isn't just these indicators. The growth rate in industrial production has slumped from a peak of 6.6% in late 2023 to around 1.5% now. Growth in the volume of retail sales has fallen from 14% in late 2023 to 1.3% now. GDP growth over the same period has fallen from 6.2% to 1.1%. And this is after the data have been massaged by the government.
Now is exactly the wrong time to give in to Putin. It's time to tighten the pressure, to push harder, to force him to withdraw from Ukraine.
Saturday, March 15, 2025
Humping
Thursday, March 13, 2025
Attack dogs
Sunday, March 2, 2025
Monday, February 24, 2025
Sunday, February 23, 2025
Peace in our time
The difference between then and now is that Chamberlain was sincere, even if he was misguided. Trump is not.