Putin’s Potemkin Economy – Wall Street Journal
Wall Street Journal |
Putin's Potemkin Economy
Wall Street Journal But Mr. Putin's real power base, the economy, is crumbling. Russia's economic growth rate has plummeted from the 7% average annual pace of the last decade to 1.3% last year. Now the brokerage arm of the country's largest state bank, Sberbank, SBER. U.S. sanctions on Russia begin to bite U.S. Threatens to Cut Off Whole Sectors of the Russian Economy Putin Ukraine invasion likely would collapse Russian economy |
