Remember Russia? It’s still doomed. By Matt O'BrienJanuary 27 at 1:44 PM
Russia's economy is like the sun: if you stare at its smoldering ruins for too long, you'll go blind (EPA/ Mikhail Klimentyev/Ria Novosti)
President Obama might have a future as a credit rating analyst. During his State of the Union, you might remember, he took a victory lap of sorts when he declared that, as the price of its aggression, Russia's economy was "in tatters." Well, S&P agrees: the rating agency just downgraded Russia to junk.