Which Will Collapse First: Russia or the EU?

Which Will Collapse First: Russia or the EU?
Mikhail Klimentyev/Sputnik, Kremlin Pool Photo via AP

It is hard to understand why US and EU leaders take Putin at his word rather than judging him by his behaviour. The only explanation I can find is that democratic politicians seek to reassure their publics by painting a more favourable picture than reality justifies. The fact is that Putin's Russia and the EU are engaged in a race against time: the question is which one will collapse first.

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