Latest / The John Batchelor Show
S8 Ep1177: Michael Bernstam notes official statistics reveal the Russian economy has entered a state of stagnation, with GDP growth at a mer
Michael Bernstam notes official statistics reveal the Russian economy has entered a state of stagnation, with GDP growth at a mere 0.2% for the first half of 2026. While weapons production remains high, the civilian economy—including agriculture and construction—is in recession. Bernstam notes that "perceived inflation" for Russian consumers is roughly 15%, significantly higher than official reports. Reckless interest rate cuts have further invited inflation, signaling a deepening commercial and fiscal crisis. (10)1932 TOKYO POLICE HQ
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.