The Failure and Backfiring of Economic Sanctions on Russia

Western sanctions are backfiring: The EU is now importing Russian liquified natural gas at record levels, and China has made high-tech breakthroughs despite US export restrictions. Ben Norton discusses how this is strengthening their economic sovereignty while blowing back on Europe. VIDEO: https://youtube.com/watch?v=U5fycw5vkjo US now world's top LNG exporter, as Europe boycotts cheaper Russian gas: https://geopoliticaleconomy.com/2023/01/04/us-lng-exporter-europe-russia-gas Europe pays more for banned Russian oil, resold by India - as EU wages fall: https://geopoliticaleconomy.com/2023/04/30/europe-russia-oil-india-wages Journalist Seymour Hersh says US blew up Nord Stream pipelines connecting Russia to Germany: https://geopoliticaleconomy.com/2023/02/08/us-nord-stream-pipelines-seymour-hersh Topics 0:00 Introduction: US economic warfare 3:49 Western sanctions on Russia backfire 20:47 China resists US tech sanctions 30:48 Outro: Sanctions are failing