Russia’s Economic Meltdown, Putin’s Big Mistake, and the West’s Financial War Against Vlad and the Oligarchs

Russia’s Economic Meltdown, Putin’s Big Mistake, and the West’s Financial War Against Vlad and the Oligarchs

Things are moving very, very fast in Vladimir Putin’s war against Ukraine—and in the global response to punish Russia. The U.S. and Europe are not engaged in a literal war against Putin, and hopefully nothing like that will come to pass. But this weekend, they announced a series of unprecedented sanctions and economic penalties that could destroy the Russian economy. These policies are designed to get Putin to end the war before he conquers Ukraine. But they could crash the Russian economy and trigger more global crises. To explain the sanctions, discuss their pluses and minuses, and predict their ripple effects, Derek is joined by Noah Smith, author of the newsletter Noahpinion, and Nicolas Véron, a French economist and senior fellow at the Peterson Institute for International Economics and the European think tank Bruegel. Host: Derek Thompson Guest: Noah Smith and Nicolas Véron Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Episoder(383)

Old-igarchy: How the Elderly Conquered American Power

Old-igarchy: How the Elderly Conquered American Power

Prior to the 1930s, old age in America often meant poverty. But thanks to Social Security, Medicare, medical advances, and rising asset prices, over the past 90 years, older Americans have become one ...

12 Jun 1h 1min

How Modern Fatherhood Is Changing Men’s Brains

How Modern Fatherhood Is Changing Men’s Brains

Humans are unusual dads. Across the animal kingdom, dads are often absent from child-rearing altogether. But among humans, fatherhood takes many forms, and in the last half century, it has changed dra...

9 Jun 1h 4min

What 400,000 Essays Reveal About AI and Creativity

What 400,000 Essays Reveal About AI and Creativity

For generations, we've defined creativity by its products: the novel, the painting, the song, the breakthrough idea. We look at the work, and from the work we see the creator as “creative.” But AI is ...

5 Jun 56min

The Surprising Truth About America's Friendship Crisis

The Surprising Truth About America's Friendship Crisis

Modern loneliness is often treated as a simple problem: People are simply spending more time alone. But what if that's not the whole story? Over the last several years, Derek has written about workism...

2 Jun 58min

Why the NBA Feels Broken—and Why the League Can’t Fix It

Why the NBA Feels Broken—and Why the League Can’t Fix It

The NBA’s vibes have been unusually awful recently. There has been widespread hand-wringing about the homogenization of modern offenses and the league’s notoriously weak regular-season TV ratings. A t...

29 Mai 57min

The Men Who Think Toxic Feminism Destroyed America

The Men Who Think Toxic Feminism Destroyed America

Over the past century, attitudes about gender roles have become one of the clearest dividing lines in the country. Many Republicans, both men and women, say men are getting a raw deal in modern Americ...

22 Mai 59min

Does Anybody Know How to Solve an American Debt Crisis?

Does Anybody Know How to Solve an American Debt Crisis?

On his 40th birthday, Derek Thompson takes a step back and looks at how his thinking on the national debt has changed. Back when he first covered fiscal policy, concern about government borrowing was ...

19 Mai 1h 1min

The Global Fertility Crisis Is Worse Than You Think

The Global Fertility Crisis Is Worse Than You Think

Fertility rates are collapsing around the world. In rich countries and poor ones, in secular societies and religious ones, people are having fewer children than ever before. Some explanations focus on...

15 Mai 1h 1min

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