The Duran Podcast

Big Biden sanctions on Russia's spooky SHADOW GHOST fleetThe Duran: Episode 2103

5 snips
Dec 29, 2024
The discussion dives into Biden's potential sanctions on Russia's shadowy shipping fleet, analyzing their impact on global oil prices and the U.S. economy. It critiques the administration's foreign policy as politically motivated, arguing it's harming American living standards. On a deeper level, the podcast highlights Russia's surprising economic resilience despite sanctions, projecting a 4% growth rate. Lastly, it contrasts inflation pressures in Russia with the West, raising important questions about economic stability.
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INSIGHT

Biden Sanctions Target "Ghost Fleet"

  • Biden is preparing sanctions on Russia's "shadow fleet", impacting ships not insured by London.
  • This "ghost fleet" label sounds more intimidating.
INSIGHT

Sanctions' True Targets

  • The sanctions aim to hurt Putin financially and Trump politically by increasing oil prices and inflation.
  • This is meant to make Trump look like Putin's "stooge" if he cancels them.
INSIGHT

Oil Trade Adaptability

  • Despite sanctions, oil trade will continue through ship owners finding ways around them.
  • This might involve selling ships to shelf companies or those unconcerned with sanctions, leading to higher oil prices.
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