28 May LA Times commentary - Reviving the Evil Empire by Niall Ferguson.

... Seven years ago, the economist Brigitte Granville and I published an article in the Journal of Economic History titled "Weimar on the Volga," in which we argued that the experience of 1990s Russia bore many resemblances to the experience of 1920s Germany...

Yet this is not Cold War II. Unlike in the 1950s and 1960s, Russia is not self-confident but insecure. It is reliant on exports of natural resources, not its own ability to match American technological accomplishments. It is a waning power. The value of the parallel with Weimar Germany is precisely that it captures the dangers of a backlash against such weakness...