Russia: Inflation and sanctions
Has Russia judo-chopped western sanctions? Economic observations from a Moscow suburb Edward Slavsquat A strong, confident ruble handing out coupons for 2-for-1 taco specials. Source: Bank of Russia By now you are probably familiar with the hottest new TikTok trend, “destroy your economy to show solidarity with Ukraine.” Why are western nations doing this? They must be very bored. But it would be unwise to underestimate the consequences of Washington’s economic seppuku (“Putin is rubber, you’re glue, whatever sanctions you…
