From despair? Putin is probably covering up problems in the Russian economy.. As of: February 22, 2024, 6:00 p.m By: Bona Hyun CommentsPressSplit Russia's economy is apparently not doing as well as Putin portrays.

The good figures from Moscow about the alleged economic situation are deceptive. The high military spending that Putin is planning for 2024 could cause enormous damage to the economy. The economist at the Peterson Institute for International Economics believes that the high spending could stimulate the production of large quantities of weapons and drones.