Western sanctions are backfiring: The EU is now importing Russian liquified natural gas at record levels, and China has made high-tech breakthroughs despite US export restrictions. Ben Norton discusses how this is strengthening their economic sovereignty while blowing back on Europe.
VIDEO: https://youtube.com/watch?v=U5fycw5vkjo
US now world's top LNG exporter, as Europe boycotts cheaper Russian gas: https://geopoliticaleconomy.com/2023/01/04/us-lng-exporter-europe-russia-gas
Europe pays more for banned Russian oil, resold by India - as EU wages fall: https://geopoliticaleconomy.com/2023/04/30/europe-russia-oil-india-wages
Journalist Seymour Hersh says US blew up Nord Stream pipelines connecting Russia to Germany: https://geopoliticaleconomy.com/2023/02/08/us-nord-stream-pipelines-seymour-hersh
Topics
0:00 Introduction: US economic warfare
3:49 Western sanctions on Russia backfire
20:47 China resists US tech sanctions
30:48 Outro: Sanctions are failing
