Fortress Russia Crumbles | Kyla Scanlon
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 9 March 2022
⏱️ 67 minutes
🧾️ Download transcript
Summary
A lot has changed since we had Kyla on Bankless almost a month ago. Russia invaded Ukraine and the ripple effects are being felt worldwide. Kyla's written a few posts on what's been unfolding thus far. Most recently she wrote, "Financial Warfare: Russia-Ukraine," breaking down Fortress Russia, sanctions, energy, agriculture, and the strength of Ukrainians.
For those unfamiliar with Kyla, she's an independent, Gen Z friendly, new age content creator with a fantastic newsletter and youtube channel. In addition, she is the BanklessHQ TikTok correspondent, dropping weekly recaps of the crypto world.
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Timestamps:
0:00 Intro
7:30 Being in Putin Shoes
13:20 Financial Sanctions
23:15 Putin’s Escape Hatch? China?
26:15 Russians Remaining Resources
33:30 Global Economy Sensitivity
45:45 What’s the Fed Going to Do?
52:30 The Ripple Effects of Inflation
55:40 The Supply Chain Conundrum
56:50 How Crypto Will Be Affected
1:02:20 What Happens Next
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Resources:
Kyla on Twitter:
https://twitter.com/kylascan?s=20
Kyla's Website:
https://kylascanlon.com/
Financial Warfare: Russia-Ukraine by Kyla:
https://kyla.substack.com/p/financial-warfare-russia-ukraine
Kyla's Recent Bankless Podcast Episode:
https://youtu.be/p2QsIkEvlZw
Jake Chervinsky's Twitter
https://twitter.com/jchervinsky
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures
Transcript
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| 0:00.0 | Hey, Bankless Nation. Welcome to another state of the nation episode. Today we are talking |
| 0:11.6 | about the events happening in Russia. How that affects commodities. There's some kind |
| 0:16.9 | of contagion going on. Is there a crisis? Is there a recession looming? What does all |
| 0:21.2 | this mean for crypto? David, who do we have on and what are we going to discuss today? |
| 0:26.0 | About a month ago, we had a Kyla Scanlon, who has just been a prolific content producer about |
| 0:31.9 | macro, the stock market, commodities, geopolitics, energy. Just a lot of just deep dives into very |
| 0:40.0 | nuanced, very complicated, very, very integrated subjects. And this was just two weeks before the |
| 0:45.8 | Russian invasion of Ukraine. And so much of what was discussed in that podcast with Kyla ended up |
| 0:51.4 | unfolding. And so this conversation has progressed. And now that we are almost two weeks on the |
| 0:57.6 | other side of the Russian invasion of Ukraine, there are so many more things to talk about. |
| 1:02.1 | How does Russia's energy relationship with Europe impact how sanctions are happening? How |
| 1:08.6 | does our global supply chain, just in time paradigm, interact with supply chains itself? What is |
| 1:16.2 | the fallout of just missing wheat and oil production out of the world? The number of consequences |
| 1:24.5 | is large. And so we're trying to figure out how much contagion is there. Is this a global contagion |
| 1:31.2 | event? Is this going to be self-contained? Is this going to be a two-week adventure or a two-year |
| 1:35.7 | adventure? There's a lot of questions that I have that I think are really, really important that |
| 1:39.7 | we're all going to ask Kyla here on the state of the nation. Yeah, I think the R word has been |
| 1:44.2 | circulating like recession and there's so many downstream effects. I also want to talk to her |
| 1:48.8 | a little bit about the Fed. So what's the Fed going to do on the backdrop of this? We had Jim |
| 1:52.8 | Bianco on a few episodes ago just talking about Fed raising rates. Are they still going to do that? |
| 1:58.7 | What would be the implications or repercussions of that? So so much to unpack and discuss. This is |
| 2:03.6 | going to be I think partial macro and partial world events and then partial like crypto, right? |
... |
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