Is Russia's war economy on the brink of collapse? | About That

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The Russian central bank is forecast to raise its benchmark interest rate to 23 per cent this month, with military spending consuming a third of Russia's overall budget. Andrew Chang explains how Russian President Vladimir Putin's war machine is causing inflation to skyrocket and what that means for civilians.

UPDATE (Dec. 16, 2024): A previous version of this video was incorrectly uploaded. This video has been replaced.

Images gathered from Reuters, Getty Images, and the Canadian Press.

Credit @1:17 - euronews/YouTube
Credit @1:19 - WION/YouTube
Credit @1:23 - Reuters/YouTube

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