Russian Sanctions Fail
May 19, 2022•22 min
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Episode description
- Doubling of Russia’s oil revenue versus 2021
- Financial sanctions hit the poor but have not been successful at defeating the war machine
- Russia forcing companies to pay for commodities in Rubles and India clearly stating they will continue to trade with Russia
- Saudi’s shifting away from the petrodollar
- Taking oligarchs’ stuff
- Sanctions are easy to avoid in 2022 and most countries are focused on feeding their people and economies first
- Politics has become a sporting event
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