
220 - Russian sanctions explained with Sony Kapoor
The David McWilliams Podcast
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Russian Gas and Oil
Cutting off russian gas and oil would be an excalation that might somehow, you know, deserve more direct russia attacks on the west. So it would reduce his revenue if just the ew stopped importing by one to two, two billion dollars a day. But it would hit the consumers, cross the wo nolosing, molting economies, et cetera, by something closer to hundred billion dollars per day. The best we can do is to put that off to the extent we can, while preparing for an eventuality that this is likely to happen sooner rather than later.
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