He says freezing about $300 billion in Russian assets undermines the credibility of the Western financial system and the U.S. dollar as a source of imperial power.
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Russian Assets
He says freezing about $300 billion in Russian assets undermines the credibility of the Western financial system and the U.S.
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"...that the Western financial system has frozen about $300 billion in Russian assets. That's essentially just stealing. And that basically undermines the credibility of..."
"...system. It also ordered Europeans to freeze over $200 billion in Russian assets. And this is a problem, because it's the very basis for..."
"...and the United States froze 300 billion people, billion dollars in Russian assets in U.S. banks, okay? So they thought that these U.S., the..."
"...major criticism of Trump, if you remember, is he was a Russian asset, okay? He was a paid Putin puppet. And of course, that..."
Relevant Lectures And Readings
The episode begins with two escalations: Ukraine expands, Iran heats up.
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