Russia’s official rhetoric is finally beginning to catch up with economic reality. After years of claims of resilience and growth despite sanctions, Russian dictator Vladimir Putin publicly acknowledged that the Russian economy is entering a downturn. The Kremlin now speaks about the need to restore sustainable growth, slow down inflation and stabilize state finances – without clearly explaining how these goals will actually be achieved. In the new episode of Break The Fake, Jonasz Rewiński unpacks what’s really happening inside Russia’s economy, why military spending has become both a short-term boost and a long-term risk, and how the war against Ukraine is reshaping Russia’s economic model.
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