I didn't like doing predictions. It's certainly true that right now - and this could change tomorrow - but, right now there is no clear way for Putin to lose power. There seems little chance that a street revolution could unseat him; that's just not how things are going to work in Russia. And it seems as if the very tiny number of people who control the economy and who control politics in Russia are loyal to him.

What's interesting about Navalny is that he has run a - not so much a pro-democracy campaign in Russia, but an anti-corruption campaign. He seems to have access to quite a lot of information about very senior Russians, including Putin.

Globalization has genuinely drained power away from national politicians and people feel it. People in our fast digital age are also frustrated with the comparably slow democratic processes. Many young people - and some old people - want to know, Why does everything take so long? Why can't someone just decide and then move forward?

If Putin decides to run, which we are assuming that he will, there really isn't anything that can stop him. He can manipulate the system so that he has not real opponents; he can manipulate the media so that nobody else gets any coverage. And then, if worse comes to worse, he can - as he has done in the past - just change the electoral results. So, it's not like it's going to be a very exciting election.

I didn't like doing predictions. It's certainly true that right now - and this could change tomorrow - but, right now there is no clear way for Putin to lose power. There seems little chance that a street revolution could unseat him; that's just not how things are going to work in Russia. And it seems as if the very tiny number of people who control the economy and who control politics in Russia are loyal to him.

I don't want to predict calamity. But I am afraid of a new Russian occupation of parts of Eastern Europe. Also of a new Russian campaign to exert influence in Germany or other parts Europe, aimed at making continental politics less democratic. I am afraid of a US trade war and even a shooting war with China.

Steve Bannon, the White House chief strategist, appears to imagine an alliance between Trump, Le Pen, Geert Wilders and Nigel Farage. Call it the populist international, a fraternal association of the nationalist right, binding people who want borders, across borders.