August 29, 2012
Sorry about the pun, but it’s just too true to pass up. Vladimir Putin complained that ruling Russia is like being a galley slave, but a new 32-page report by a political opponent, “The Life of a Galley Slave,” cites Putin’s 20 luxury homes, 58 aircraft—one of which includes a $75,000 toilet—four yachts, eleven watches worth $700,000 and so on, as a “‘blatant and cynical challenge’ to millions of Russians barely managing to survive.”
This year, Putin, who often refers to himself as “your humble servant,” faced the biggest opposition protests of his twelve-year rule. Today is a quite different social-mood environment from 2007, which we described in detail in the landmark Socionomic Study of Russia. If EWI’s wave count is correct, Putin is about to “go where fascism sits,” and the fireworks are just beginning. As we wrote in 2007, “History gives examples of how Russian leaders behave in bear markets. It is not a heartening record.”
If you look closely, you can see patterns in social mood that help you predict social trends. Learn more with the Socionomics Premier Membership.