
The Dig: War w/ Sophie Pinkham and Nick Mulder
Jacobin Radio
00:00
Sanctions
Russia is the eleventh largest economy in the world. It has never really happened that an e that was part of the 20 largest ones, that the g 20, was put under these sorts of sanctions. The speed with which these decisions were taken meant that there was not enough time in which to reflect on what the effects were going to be. And i think we are actually starting to see the beginnings of a commodity price serge that is really pretty massive. Certainly seems to be the biggest on in the last 50 or so years. There's a very high chance, if you add this up with other things going on in the world economy right now, that we could be going into a
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