The David McWilliams Podcast cover image

220 - Russian sanctions explained with Sony Kapoor

The David McWilliams Podcast

00:00

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app