Tuesday , November 5 2024
Home / Mike Norman Economics / What does Putin’s staffing decision vis-à-vis Glazyev mean — The Saker

What does Putin’s staffing decision vis-à-vis Glazyev mean — The Saker

Summary:
This is important. But if you have not been following Russia, then its level of detail may obscure the key point. Sergei Glazyev is the closest to MMT of all the Russian economists of influence, and he was in Putin's inner circle of advisors until this announcement.The Saker unpacks its implications for Russia. He views it as good move by Putin, since it is simply not possible to implement a Glazyev program in Russia. Neither is Putin that powerful if he wanted to do so, but other conditions supervene even if he did want to.Note: "Liberal" in the Russian context means neoliberal, and the neoliberals see their future in alliance with Europe and the US. Russia is basically a conservative traditionalist country and the stavka (military general staff) and siloviki (deep state) are very

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Mike Norman writes Oil Price Rises After Trump Phones Putin — Gary Littlejohn

Mike Norman writes WAR ON THE TOILET PAPER FRONT — RUSSIA’S TISSUE BATTLES SWEDES, TURKS, AMERICANS—John Helmer

Mike Norman writes The Kremlin Plans to Modernize Russia, Again — Stephen F. Cohen

Mike Norman writes As Global Growth Stalls, The Russian Economy is Gathering Momentum — Jon Hellevig


This is important. But if you have not been following Russia, then its level of detail may obscure the key point. Sergei Glazyev is the closest to MMT of all the Russian economists of influence, and he was in Putin's inner circle of advisors until this announcement.

The Saker unpacks its implications for Russia. He views it as good move by Putin, since it is simply not possible to implement a Glazyev program in Russia. Neither is Putin that powerful if he wanted to do so, but other conditions supervene even if he did want to.

Note: "Liberal" in the Russian context means neoliberal, and the neoliberals see their future in alliance with Europe and the US. Russia is basically a conservative traditionalist country and the stavka (military general staff) and siloviki (deep state) are very conservative, so that is not going to happen on their watch, especially after neoliberalism almost destroyed Russian society in the aftermath of the collapse of the USSR.

The Vineyard of the Saker
What does Putin’s staffing decision vis-à-vis Glazyev mean
The Saker

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *