Why hasn't the Russian economy collapsed?
How has Russia’s economy not completely collapsed after four years of war, sanctions and billions in debt? One economist says it is the war that has been propping up Russia's economy, not the other way around. He calls it smertonomika or death economics. On today’s show, six reasons why Russia’s economy is still chugging along despite burning money by the billions waging war on Ukraine. Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour . R
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Why hasn't the Russian economy collapsed?
Welcome to the program. I'm your host.
Welcome to the program. I'm your host.
0:00Today we look at the major stories shaping the news cycle.
Today we look at the major stories shaping the news cycle.
0:04We start in Europe, where leaders met in Brussels.
We start in Europe, where leaders met in Brussels.
0:09The summit focused on energy policy and migration.
The summit focused on energy policy and migration.
0:14Reporting from the ground, our correspondent has more.
Reporting from the ground, our correspondent has more.
0:19Thank you. The mood here was tense but constructive.
Thank you. The mood here was tense but constructive.
0:24