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The John Batchelor Show

S8 Ep417: PREVIEW FOR LATER TODAY Guest: Michael Bernstam. Bernstam explains the fragile Russian economy sinking with the price Russia gets for oil, detailing how declining energy revenues threaten Moscow's fiscal stability.

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 5 February 2026

⏱️ 2 minutes

🧾️ Download transcript

Summary

PREVIEW FOR LATER TODAY Guest: Michael Bernstam. Bernstam explains the fragile Russian economy sinking with the price Russia gets for oil, detailing how declining energy revenues threaten Moscow's fiscal stability. 1941 MOSCOW

Transcript

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0:00.0

This is John Patsch, a conversation with colleague Michael Bernstam, the Hoover Institution, about arms control.

0:07.2

The treaties, many, many treaties, salt one, salt two, start, new start, all those treaties of the late 20th century, celebrated by the United States and Russia.

0:19.7

They've all gone now.

0:22.0

The last expired.

0:26.7

The extension of New Start ended abruptly.

0:30.5

And we're back to, well, Michael explains.

0:32.7

More of this tonight.

0:41.3

No, February, February the 4th, 2026, today, later today in a few hours, the last major arms control treaty expires.

0:43.3

And when President Trump was asked, it's called New Start.

0:47.3

And when President Trump was asked about it, he said, well, it expires and it expires.

0:51.3

So what?

0:52.3

He didn't even pay attention to it so the arms

0:55.2

halt roll treaties is over since 1972 through 2026 which is a double whammy for russia

1:02.6

because first of all they cannot afford the new arms race and the united states wants to build

1:07.9

the golden dome which is a space defense missile defense and the united states wants to build the Golden Dome, which is a space defense missile defense,

1:12.8

and the United States wants to build new battleships for nuclear armed battleships.

1:18.9

And the Russians cannot afford the new arms race because of their fiscal problems and their

1:23.7

budget deficit. And it is a political, big political hit for them,

1:28.4

because that was the only claim to be a superpower,

1:31.6

that they negotiated arms control, their nuclear weapons,

1:34.8

with the United States, no more.

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