Russia’s Whac-A-Mole Economy Is Working as Putin Sails to Victory
Russian President Vladimir Putin visits Uralvagonzavod, the country's main tank factory in the Urals, in Nizhny Tagil on Feb. 15.
Photographer: Ramil Sitikov/Sputnik/AFP/Getty Images
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The war in Ukraine wasn’t yet a month old when President Vladimir Putin crowed Russia had already survived an “economic blitzkrieg” of sanctions, though warning of worse unemployment and inflation to come. In some ways, he wasn’t optimistic enough.