From a Collapsing Wall to a Pipeline

The unprecedented cooperation between Russia and China over the last few years is a waving red flag that could signal future complications for the U.S.

When the Berlin wall fell in 1989, it was only two short years until the Soviet Union collapsed under pressure from the West. Its economy suffered extreme hardships, falling into a depression that exceeded the U.S.’s own in the 1930s.

In fact, the first five years of transition to a free market economy saw a nearly 50% drop in GDP!

Since 2003, Russian President Vladimir Putin has engaged in an aggressive program to renationalize Russian oil and gas companies in order gain tighter control over the motherland’s natural resources.

Energy and Capital