. IN CASE YOU MISSED IT – Facing economic calamity, Putin talks of nationalizing Western businesses. « JO LEE MAGAZINE

NY TIMES – With Russia in danger of defaulting on its sovereign debt and facing a sharp contraction in its economy, the West is betting that the looming, generation-defining economic crisis could make Russians turn on their president. It is also possible, however, that the crisis could end up strengthening Mr. Putin, validating his narrative that the West is determined to destroy Russia. “I have no doubt that these sanctions would have been implemented no matter what,” Mr. Putin said in televised remarks on Thursday, arguing that his intervention in Ukraine served merely as a pretext for the West to try to wreck Russia’s economy.

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