Home Analysis The Russian Crisis AnalysisRegional DirectoryEurasiaFrom the Desk of George Friedman The Russian Crisis By George Friedman - January 29, 2019 856 Vladimir Putin failed to keep his promise to create a modern economy. Now he has to pay the price. This article is for subscribers only Join thousands of readers who rely on GPF for clear-eyed geopolitical analysis. $89 per year Save 18% vs. monthly ✓Full access to all daily analysis & forecasts ✓George Friedman's geopolitical insights ✓2026 Forecast & Special Collection on the Middle East ✓100% reader-supported Subscribe Now 30-day money-back guarantee Already a subscriber? Log in RELATED ARTICLESMORE FROM AUTHOR Analysis Daily Memo: Plans for Second Round of Peace Talks in Pakistan Analysis Daily Memo: Putin’s Approval Ratings Take a Hit Analysis Daily Memo: On US and Iranian Weapons Production Latest Posts Japan, Australia and a New Regional OrderFREE Analysis George Friedman - April 20, 2026 Continue to the category Daily Memo: Plans for Second Round of Peace Talks in Pakistan Analysis Geopolitical Futures - April 20, 2026 George Answers Your Questions: Hungary and the Iran War Analysis George Friedman - April 18, 2026