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The John Batchelor Show

#RUSSIA: AND THE PLUNGING PRICE OF OIL. MICHAEL BERNSTAM, HOOVER

The John Batchelor Show

John Batchelor

News, Books, Society & Culture, Arts

4.62.7K Ratings

🗓️ 1 May 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

#RUSSIA: AND THE PLUNGING PRICE OF OIL. MICHAEL BERNSTAM, HOOVER
1918 VLADIVOSTOK

Transcript

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0:00.0

I can't tell you how often I hear, oh, I'm a little OCD. I like things neat. That's not OCD.

0:06.3

I'm Howie Mandel, and I know this because I have OCD. Actual OCD causes relentless,

0:12.6

unwanted thoughts. What if I did something terrible and forgot? What if I'm a bad person? Why am I

0:17.9

thinking this terrible thing? It makes you question absolutely everything and you'll do

0:22.2

anything to feel better. OCD is debilitating, but it's also highly treatable with the right

0:28.6

kind of therapy. Regular talk therapy doesn't cut it. OCD needs specialized therapy.

0:34.7

That's why I want to tell you about noCD. NoCD is the world's largest virtual

0:40.3

therapy provider for OCD. Their licensed therapists provide specialized therapy virtually,

0:45.9

and it's covered by insurance for over 155 million Americans. If you think you might be

0:51.3

struggling with OCD, visit nocd.com to schedule a free 15-minute call and learn more.

0:57.5

That's N-O-CD.com.

1:03.6

This is CBS. I'm the world. I'm John Batchford.

1:07.3

The Russian economy under sanctions.

1:09.6

The headline in The Economist, most recently.

1:12.5

Vladimir Putin's money machine is sputtering subhead.

1:16.7

After years of resilience, Russia's economy is slowing down.

1:21.0

I welcome Michael Bernstein at the Hoover Institution, my guide on Russian sanctions, slowing down.

1:26.0

Yes, indeed, Michael.

1:29.9

I believe there is more to the metaphor than slowing. However, we begin with the recommendation that there are several factors feeding

1:36.7

into the Russian slowdown, we'll call it that. One, they're reorganizing themselves to be

1:43.2

eastward regarding and not westward regarding.

1:46.1

And second monetary policy, which is a polite way of saying inflation.

...

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