Putin tells St. Petersburg forum the economy isn’t struggling — it’s being slowed on purpose
- Who
- President Vladimir Putin
- What
- a reframe of the slowdown
- When
- June 5, 2026
- Where
- SPIEF, St. Petersburg
Speaking at the St. Petersburg International Economic Forum, Russian President Vladimir Putin called it an “exaggeration” to say his economy was struggling, explaining that any slowdown reflected deliberate steps to cool inflation. He also said Western sanctions had “irreversibly impacted the standing of international currencies, the dollar and the euro.”
Magnificent. Every missing percentage point was personally invited to leave. The descent, we are told, is piloted — which raises the Index, because a result this good apparently had to be planned, retroactively. By the same standard our analysts’ own finances are not failing either; they are undergoing a deliberate, multi-year cooling.
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