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Is Russia winning the economic war? I David Woo
The US and Europe unleashed the mother of all economic sanctions against Russia to stop, or at least slow, its invasion of Ukraine. Nearly 5 months into the Russia-Ukraine war, what do the latest data tell us about the impact of these sanctions on the Russian economy? Will Washington's new plan to cap Russian oil price finally break the back of the Russian economy? Does Putin stand any chance against the combined economic might of the west? For the battered world economy and stock market facing high oil price, inflation, and recession, there is nothing more important than when and how this war will end. A former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew. Welcome to the Money Game where David takes on groupthink, propaganda and conspiracy theories in his critical markets of markets, economics, politics and geopolitics.
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00:00 Introduction
00:52 Why is Putin still in the ring?
01:30 The cost of sanctions against Russia
02:06 The benefit of sanctions against Russia
04:37 What is the war costing Putin?
06:57 What is Biden planning next?
#Ukrainewar #Putin #sanctionsagainstrussia
What will Washington offer India and China for them to join a US led buyer cartel to cap Russian oil price? oil price forecast
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