Ian Bremmer on What Investors Should Know About Ukraine and Russia
The Compound and Friends
Josh Brown
4.7 • 2.2K Ratings
🗓️ 28 February 2022
⏱️ 34 minutes
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| 0:00.0 | Okay, I'm not sure if we succeeded if we're actually live this time. |
| 0:14.9 | This is Josh Brown here with the Compound, and I want to welcome everybody to a special |
| 0:19.1 | edition. |
| 0:20.4 | We've got Ian Bremmer here, Ian is the president of Eurasia Group, and GZero Media, we've |
| 0:25.7 | got Ian for a relatively short amount of time, but we want to get to a lot of questions. |
| 0:30.1 | He is an expert on everything going on in Eastern Europe and with Ukraine and Russia. |
| 0:35.3 | Ian, the first thing I wanted to ask you, and I think this is probably on everyone's |
| 0:39.7 | mind, is related to whether or not the sanctions will have the intended effect. |
| 0:45.4 | According to the American Enterprise Institute, Putin has been planning for this moment, financially |
| 0:50.5 | planning. |
| 0:51.5 | Since 2014, it said that he's built up about 630 billion of international reserves, equivalent |
| 0:59.2 | to a third of the Russian economy. |
| 1:02.4 | He's also reduced Russia's public debt level to less than 20% of GDP. |
| 1:07.4 | Has he done enough so that the sanctions will not have the desired effect, or will Russia |
| 1:13.2 | still be susceptible to what we're trying to do as an international community? |
| 1:18.1 | Well, Josh, first, great to be with you, and let me respond to your question with a question. |
| 1:25.1 | When you say desired effect, what do you mean? |
| 1:28.7 | I suppose the desired effect might be to bring him to the negotiating table as opposed |
| 1:33.4 | to having the violence continue uninterrupted. |
| 1:37.4 | Yeah, so I think the answer to that is no, but I think the answer to that is no kind |
| 1:42.2 | of irrespective of how big the sanctions are, and that's part of the problem here. |
| 1:46.7 | I mean, Putin understands that Ukraine is much more important to him than it is to the |
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