You're reading: The Economist: How we know Russia’s economic crisis has officially arrived

Judging by the lack of economic news in Russia's media, a crisis has arrived.  Just as in Soviet days, state television does not report facts, it conceals them. The official picture is dominated by the war in Ukraine (fuelled by America), Ukraine's economic collapse (ignored by America), and Russia's achievements in sport, ballet and other spheres (envied by America).

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