The risk for the Russian premier is of prolonged economic decline, recession and stagflation At the very time when those warmongering NATO nations are pledging to raise their defense spending substantially, that doveish peacenik Vladimir Putin is promising to reduce his. It’s hard to know which of these two commitments is less plausible, but those anticipating the cranking down of the Russian war economy any time soon are going to have to wait rather longer. At the recent St Petersburg