Economist Vladislav Zhukovsky is our guest on "Honest Word." We discuss the most important events happening within and outside the country and answer your questions.
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Timecodes:
00:00 Three periods of the economy under Putin
01:52 2000–2008: Commodity supercycle and explosive growth
06:38 2008–2022: The "lost decade" and stagnation
10:59 2022–2025: Military growth, the printing press, and the depletion of reserves
15:33 2025: Recession and accelerating inflation
18:08 "If Putin had left in 2008..."
19:23 Russia's GDP in dollars at the 2013 level
22:27 Why military spending is a negative for the economy
26:31 Record Public Debt: How Russia Is Getting Into Debt
27:22 How Debt Was Paid Off and Reserves Accumulated in the 2000s
31:55 Budget Deficit: Finance Ministry Forecasts and Reality
35:28 OFZ Yield at 16.8% and Debt Service Costs
39:07 Scenarios for Forced Deposit Conversion
40:01 Finance Ministry Forecast until 2046: Public Debt Will Grow Many Times Over
42:29 Taxes for the Self-Employed: Who Will Pay for the War

💬 You can ask Vladislav Zhukovsky a question at: https://friends.politica.media/wall/e...

Dmitry Nizovtsev — https://youtube.com/@Dmitry_Nizovtsev...
Vladislav Zhukovsky — https://youtube.com/@v_zhukovskiy?si=...
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