The Pomp Podcast

#847 How Russian Sanctions Will Affect The U.S. w/Darius Dale

Mar 4, 2022
Guest
Darius Dale
Darius Dale, Founder & CEO of 42 Macro, dives into the swirling complexities of the macro economy and the repercussions of Russian sanctions on the U.S. He discusses how geopolitical tensions impact energy prices and the global currency landscape, including the struggle to maintain the U.S. dollar's dominance. The conversation also highlights how these dynamics affect cryptocurrency valuations and investor sentiment, particularly in a time of conflict. Unique anecdotes about traveling risks and social media backlash add a personal touch to this insightful discussion.
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INSIGHT

U.S. Influence and Pressure on Russia

  • The U.S. asserts its financial and military dominance by influencing key organizations like NATO and SWIFT.
  • This allows them to pressure Russia and its economy without direct military intervention.
INSIGHT

Putin's Objectives and Russia's Isolation

  • Putin's actions are primarily driven by military objectives and projecting strength, regardless of economic consequences.
  • Russia's isolation from global markets could be indefinite, impacting the global economy and financial markets.
INSIGHT

Impact of SWIFT Removal on Russian Banks

  • Russia's major banks being cut off from SWIFT is effectively bankrupting them, as they cannot meet their financial obligations.
  • Western sanctions can cripple Russia's economy without direct military action, leveraging the U.S. dollar's global reserve status.
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