
sr20220707_MoneyHQ
Divine Intelligence, etc
00:00
Why the Sanctions Aren't Working?
The sanctions plan rests on the implicit assumption that russia needs us more than we need them, writes Yabingo. And they get into it here, like look at ning and manufacturing. The size of the mining sector relativey, relative to the g p, in the us is two point six to two point one%. But in china and russia, it's ten point four to 13 point seven %. If you're hurting russia, all this stuffs, these commodities, they're going into your products. You're going to pay a higher price for these sanctions. This is going to pass through these costs on to the us. And on to european consumers
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