Is Russia’s economy collapsing or growing? - Radio Meduza
Is Russia’s economy collapsing or growing?
Radio Meduza
Officials are reporting on the successes of the Russian economy, while skeptics are predicting its imminent collapse. Who is right?
By the fifth year of the war, many systemic problems have piled up in the Russian economy. Some indicators look optimistic, although in reality they conceal vulnerabilities and threats, above all for Russians. Will the war in the Middle East fix the budget deficit? Does low unemployment help the economy? And why does a strong ruble please neither exporters nor banks? Listen to Meduza’s analysis; you can read the text here.
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Success on Display, Holes Inside
Five years into war, the good numbers still hide vulnerabilities.
Once again, only the upbeat report works.