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The John Batchelor Show

1/2: #RUSSIA: Rise of the Military Keynesians and Chasing the Shadow Fleet.. Michael Bernstam, Hoover Institution

The John Batchelor Show

John Batchelor

News, Books, Society & Culture, Arts

4.62.7K Ratings

🗓️ 19 July 2024

⏱️ 13 minutes

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Summary


1/2: #RUSSIA: Rise of the Military Keynesians and Chasing the Shadow Fleet.. Michael Bernstam, Hoover Institution
https://www.foreignaffairs.com/russia/putins-new-war-economy

1937 SHANGHAI

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0:00.0

Ah, she's brilliant. Miss, I finally got plans out the group chat. We get it. Four votes for a festival,

0:05.9

three for a city break. It's hard to adhere to everyone's needs. There's Betty with her oversized

0:10.2

tent. Sarah and her six foot eight boyfriend.

0:13.1

All right.

0:14.0

Roger Junior and his dog, Roger Senior.

0:16.8

And don't get us started on Mel.

0:19.4

But, like a marriage counselor, she's the one keeping things together.

0:22.6

All aboard Miss I finally got plans out the group chat. Keep everyone's plans alive when you

0:27.1

travel with us. P, and O'Ferees, I on the world. I'm John Bachelor. I welcome Michael Bernstom of the

0:40.1

Hoover Institution to help me understand a new article by Andre Kalesnikov at Foreign Affairs

0:46.3

that gives me chronology and analysis of the late Soviet economy that failed and the Putin economy now in war in Ukraine

0:58.6

that is also failing in similar fashion according to Mr Kalesnikov but I begin with a joke that is

1:05.6

Breshnef era this would be the 1970s in particular one day a group of people were walking in a military parade next to Leonide Bresnaff and the security worried about it.

1:19.0

Who are these people in baggy formal suits and an aid ran up to the Soviet leader pleading.

1:25.0

Leonid Iliich, we don't know who these people are.

1:29.0

And Bresnaff's reply, this is Soviet humor.

1:32.0

Come down, comrade.

1:34.0

These are our most destructive weapons.

1:36.2

Soviet economists.

1:38.3

Michael, a very good evening to you.

1:41.2

Economists have had a bad reputation in the Soviet Union and now again we have an

1:47.0

economist at the front of an unusual decision by Vladimir Putin to move a man named Belusov into the role of defense

...

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