While Ukraine is the central point of conflict between Russia and NATO, economics may be the next battlefront. According to Robert Dannenberg, a Goldman Sachs security analyst and CIA veteran, Russia’s President Vladimir Putin recognizes the importance of gaining power through international economic agencies. “Putin is conservative and nostalgic, but he also understands that it takes more than just rebuilding or modernizing your nuclear arsenal to create a bi-polar world. You need to have economic power,” Dannenberg said during a Q&A in a Goldman note. Russia seems far from realizing these goals. Lowered oil prices and economic sanctions by …read more
Source: Business Insider
