meta_pixel
Tapesearch Logo
Log in
The John Batchelor Show

#Russia: North Korean labor to the rescue of Moscow's severe labor shortage. Michael Bernstam, Hoover Institution

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 30 November 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary


#Russia: North Korean labor to the rescue of Moscow's severe labor shortage. Michael Bernstam, Hoover Institution
https://www.msn.com/en-ca/news/world/north-korean-special-economic-zone-poised-for-revival-in-new-russia-trade/ar-AA1kHiUh

1898 Moscow


Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Deliverer because anything goes this Christmas.

0:06.0

Yes, even sprouts on a pizza or gravy on sushi.

0:10.0

The rules are, there are no rules. Have a cantonese on Christmas Eve or a

0:15.2

Balty on boxing day and when you're so over the leftovers bring on the ramen

0:20.3

From big brands to local favorites this Christmas it's all on your doorstep with

0:25.0

deliver room. Geographical restrictions, T's and C service and delivery fees apply. This is

0:38.0

is CBSi on the world. I'm John Batcher. Ukraine conflict, Russian economy, sanctions.

0:41.0

Russian industrial output growth, Reuters headline. sanctions. I welcome Michael Bernstom of the Hoover Institution, my guide on the Russian economy during Ukraine

0:55.9

war. Unemployment drops to record low is a positive way of saying there's a labor shortage and the labor shortage has been reported now for

1:05.1

several weeks. Michael a very good evening to you I put this labor shortage story

1:10.0

together with a little detective work that you've taught me to go to a story about

1:15.8

North Korea. North Korea, a very desperate poor gang-lend economy run by dictators and brutes for many decades is now said to be an open economic

1:30.4

zone for Russia. Does that connect in some fashion to an advantage for Moscow?

1:35.8

Good evening to you. Good evening to you and it is a mutually beneficial for Russia

1:41.6

and for North Korea it is bad for Ukraine because

1:46.1

they are producing communition which Russia lacks. They are producing weaponry in this

1:52.1

three economic zone.

1:53.4

Although I saw some reports which were saying that those are poor quality artillery

1:59.2

pieces which explode before they're being shut.

2:02.0

So maybe it's not such a good deal for Russia. But nonetheless, from the pure economic standpoint, regardless of the military quality of this weapons.

2:13.3

It is a good deal for both because Russia has labor shortages.

2:17.6

Now they have a record low unemployment of 2.9%,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from John Batchelor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of John Batchelor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.