PREVIEW: RUSSIA - Colleague Michael Bernstam of the Hoover Institution answers the puzzle: Why are Russian markets locking up butter, and why are Russians stealing butter? More tonight on the damaged Russian economy.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 27 November 2024
⏱️ 1 minutes
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Summary
1912 Moscow
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| 0:00.0 | This is John Batchel, a conversation with colleague Michael Bernstein of the Hoover Institution, |
| 0:05.8 | my guide on Russian sanctions these three years. |
| 0:09.9 | Stealing butter, what does it mean that Russians are now obliged to lock up the butter |
| 0:15.6 | at the grocery stores at the supermarket? |
| 0:18.2 | Stealing butter. |
| 0:20.0 | Michael has an answer. |
| 0:22.0 | More of this later tonight. |
| 0:23.7 | Oh, it tells us about the 11th of living, because in the United States, people still |
| 0:28.7 | shoplifting electronics and expensive clothing and liquor, and Russia, they still butter. |
| 0:35.2 | In poor countries, they still bread, which means that Russia is not starving, |
| 0:39.1 | but it is still butter is a luxury. |
| 0:41.6 | This is a photograph of their standard of living. |
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