Sonny Capor, Macro Economist

Sonny capor is a macro economist at the forefront of economic thinking, macr o economic thinking. He's in india now and will explain to us why india has been quite ambilent about sanctions against Russia. Sonny: Sanctions were designed to fall within the golden lock zone - effectively you had to target wealth, not income. And so by freezing or limiting access to at least half of the central bank reserves, his ability, too, to touch them was substantially diminished. The second thing we one had to do was, even the residual wealth is still very substantial, right? I minit several tens of hundreds of billions of dollars,. So once you've seized them