S8 Ep451: Guest: Michael Bernstam. Bernstam details Russia's faltering war economy, citing declining oil production, a shrinking civilian sector, and reliance on gold sales to offset budget deficits.
S8 Ep451: Guest: Michael Bernstam. Bernstam details Russia's faltering war economy, citing declining oil production, a shrinking civilian sector, and reliance on gold sales to offset budget deficits.  
Podcast: The John Batchelor Show
Published On: Thu Feb 12 2026
Description: Guest: Michael Bernstam. Bernstam details Russia's faltering war economy, citing declining oil production, a shrinking civilian sector, and reliance on gold sales to offset budget deficits.