NEWSLINK: “The Low Energy Superpower: Russia’s Dim Growth Prospects” – Bear Market Blog/Joseph Webster

“Few Russians are nostalgic for the nightmarish 1990s, a time when GDP fell by approximately 40%, inflation skyrocketed, and life expectancies tumbled. While history doesn’t repeat itself, it often rhymes: Russia won’t relive the nightmarish 1990s, but the pattern of declining living standards in contemporary Russia increasingly resembles the last decade of the 20th century. Russia will likely suffer a second lost decade and confront an economic crisis in the medium-term due to its energy dependence. …”