It’s official:
As Steve Hanke predicted last week,
Russia rushes to #Venezuela's rescue for the 3rd time this year! Getting in bed with incompetent #Maduro in order to pursue their own foreign policy objectives. https://t.co/P46WwGrzLn
— Prof. Steve Hanke (@steve_hanke) November 9, 2017
What Russia gets for its money is anyone’s guess.
Russia isn’t doing that for charity. And we should neither underestimate Putin nor Maduro, both surviving low oil prices, and, in case of Maduro, holding steady to his dictatorship despite a massive economic crisis. Future will tell us what Putin is getting from all those lifelines.