He who places his hope on thee, O Virgin all-glorious, will prosper in all he does.

Inscription on Byzantine coin during reign of Romanus III

Wednesday, August 20, 2008

Russian Paper Tiger

Russian military potency appeared unstoppable during its Georgian invasion and occupation only because the Georgian military was so puny. Russia has been preoccupied with its high-status nuclear arsenal and has neglected its more fundamental military capabilities. Now that the wind is escaping from Russia's oil-price windfall, its ability to enhance those capabilities will be diminished.

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