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The John Batchelor Show

#MOSCOW: Hard year ahead even if the war stops. Ekaterina Zolotova, @GPFutures

The John Batchelor Show

John Batchelor

Books, Arts, News, Society & Culture

4.52.8K Ratings

🗓️ 9 January 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

#MOSCOW: Hard year ahead  even if the war stops. Ekaterina Zolotova, @GPFutures

1943 Moscow

Transcript

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0:00.0

This is CBSI on the world.

0:02.1

I'm John Batchel.

0:03.7

The global economy, the Russian economy.

0:07.0

I go to Akaterina Zelotva for geopolitical future.

0:10.9

She's in Moscow, writing about the prospects for 2025 and beyond

0:15.0

on the basis of the war fighting, the energy markets,

0:20.3

and also the ability of Russia to handle what is called

0:24.8

war Keynesianism or military Keynesianism. The way it was said during the Great War was everything

0:31.6

for the front. The defense industry has been going 24 hours a day for years now, demanding labor.

0:40.6

There is not enough workers in the defense industry, and they compete directly with the military.

0:46.3

However, there are consequences of all of this imbalance.

0:50.4

At Catarina, a very good evening to you.

0:52.2

You announced right away in your first paragraph that 2025 is not going to be a good year. How bad? Good evening to you.

1:01.0

Good evening. Well, Russia starts the new year with the many problems that it had before. So first of all, it's the continuation of Ukrainian conflict.

1:12.6

It is still not very clear what's going to be in the front, but Russia still continues to

1:17.9

increase their military defense system. Russia still continues to produce a lot of military

1:22.5

equipment. And right now it's talking about major threat of NATO, that NATO may have, that Russia and

1:33.4

NATO may have some conflict in future years in the territory of Europe.

1:39.8

This is the idea that was discussed many times in the Ministry of Defense of Russia in December.

1:48.5

Russia also continues to face tough sanctions,

1:53.1

and the countries like the United States and the European Union are still discussing new packages of sanctions.

2:01.6

So the Russian economy is still very vulnerable because of this pressure.

...

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