Examines effects of the 2008-09 financial downturn on all workers with particular attention to low-income older workers who stand to suffer the most, often retiring early because of lack of work; discusses the real effects of the stock market decline, falling house prices, and stagnant job...

Uses world history, the Soviet experience, and economic analysis to demonstrate why Russian nostalgia for empire could lead to repeating past strategies that result in instability, leaving Russia vulnerable to economic downturns - Provided by publisher