GZERO World with Ian Bremmer cover image

Economic weapons & fallout of the new Cold War

GZERO World with Ian Bremmer

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What Do Sanctions Really Mean for Individual Consumers?

The effect on certain commodities is global. Others are more regional. Gas, again, is a very regional commodity. L and g is providing a tiny share of what is needed to sort of make it a more global commodity. Crude oil would be a lot higher because of some of the things that have happened. This is not a wage price spiral. This is real instability in the sources of supply and demand in the world. Massive, massive changes that we're related to. Tocovid.

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