All right, Alexander, let's talk about the Russian economy because we have gotten a lot of news about the Russian economy.

Putin spoke about the Russian economy at the St. Petersburg International Economic Forum.

The Russian finance minister spoke about not only the Russian economy, but also about bricks and creating a settlement currency.

He spoke about that as well.

And we had the, I believe it was the World Bank report that came out, which said that Russia

is now the fourth largest economy in terms of purchasing power.

It has overtaken Japan, and it is right behind India.

And the big EU powers, not in the top five.

That must really piss them off.

Anyway, what are your thoughts on?

Yeah, let's start about the Russian economy. Yeah, let's start about the Russian economy.

Yeah, let's start with the World Bank, the World Bank's reassessment of its figures.

By the way, this has come as such a big shock that I noticed that no part of the British

media, for example, is reporting this.

There's a sort of complete silence.

And I got quite a lot of pushback when I first mentioned this,

and people were saying, this is really what the World Bank can be saying.

And in fact, we are starting to see the announcements and the statements from the World Bank.

Basically, their statisticians have been revisiting the topic of economies.

Now, the thing to always understand is that when people look at GDP figures, they're not necessarily, they're not exactly comparing economies.

They're comparing sets of statistics about

economies this is always the fact which people don't quite understand and you can calculate

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