Russia’s economy is in trouble, former Finance Minister says

Mikhail Zadornov says Russia’s shift to a military-focused economy is a sign that the country’s financial system is breaking down.

A former top Russian official says the country is headed for big trouble. Mikhail Zadornov, who used to be Russia's Finance Minister, says the country should not be trying to run a 'military economy.' A military economy means a country focuses almost all of its money and work on building weapons and supplies for war. Zadornov thinks this is a bad idea. He calls the current situation a 'complete breakdown of the system.' In plain words, he believes that focusing so heavily on the war is hurting Russia's ability to keep its regular economy running. When a country spends all its resources on …