
The war in Ukraine was supposed to cripple Russia’s economy—at least, that’s what the sanctions were designed to do. But instead of collapsing, Russia’s economy has shown surprising resilience, even growing in 2023 and 2024. So, how is this happening?
In this episode of EconVerse, we dive deep into:
🔹 The role of massive government spending and military-driven growth
🔹 How China and India have reshaped Russia’s trade landscape
🔹 The unexpected impact of import substitution and domestic industry growth
🔹 Why high wages and rising consumer spending are fueling short-term stability
🔹 The hidden risks that could make this growth unsustainable in the long run
Is Russia’s economic resilience built on solid ground, or is it just a "mortgaged future"? Join us as we break it all down!