The Crisis Is Just Beginning for Russia: Pomeranz

The transcript discusses Russia's economic crisis, highlighting the collapse of the ruble and the lack of a clear plan from Putin. It explores the endurance of the Russian public in the face of austerity and the absence of organized political opposition. The role of Dmitry Medvedev as a scapegoat is examined, along with the need for economic diversification to address the crisis.

What is the main issue discussed in the first section regarding Russia's economy?

• The rise of the ruble's value

• Putin's clear plan to stabilize the economy

• The collapse of the ruble and lack of a clear plan

• The success of the Russian retail sector

What is one of the key challenges mentioned in the second section about the Russian people's response to the crisis?

• Their endurance in the face of austerity

• Their support for a new political leader

• Their reliance on foreign aid

• Their immediate protest against the government

Who is mentioned as a significant figure in the opposition against Putin in the second section?

• Dmitry Medvedev

• Alexei Navalny

• William

• Alexei Kudrin

What role does Dmitry Medvedev play in the current economic situation, as discussed in the third section?

• He is improving the retail sector

• He is the bearer of bad news about the economy

• He is organizing political opposition

• He is leading economic reforms

What is a major economic challenge for Russia mentioned in the third section?

• Over-reliance on a diversified economy

• Inability to take advantage of a falling currency

• Excessive foreign investment

• Rapid growth in domestic manufacturing