Making Sense of the Unprecedented Sanctions on Russia
The Lawfare Podcast
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Do You See a New Set of Tools Being Deployed in Russia?
We saw some major restrictions get imposed on, not just sovereign debt, necessarily, but also limitations on both the primary and the secondary market for debt instruments. I'm not aware of us having seen something quite like that, at least that would have such ramifications. It's a too pronged approach, playing off of each of russia's vulnerabilities to crack away at the fact that they had prepared themselves quite well for this moment. They hadyouknow, a strong, massive amount of forein exchange reserves, holdings of gold, not running dead. Deficits, which is actually a sort of acilles heel of western economies because, you know, do engage in a lot of social
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