#RUSSIA: The great GAZPROM has destroyed itself & What is to be done? Michael Bernstam, Hoover Institution
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 23 February 2024
⏱️ 9 minutes
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#RUSSIA: The great GAZPROM has destroyed itself & What is to be done? Michael Bernstam, Hoover Institution
https://on.ft.com/3SJ1qzo
1934 KIROV AND STALIN
Transcript
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| 0:00.0 | This is CBS I on the world. I'm John Batler. |
| 0:08.4 | Welcoming Michael Bernstam at the Hoover Institution, my guide on sanctions on Russia, the Russian Federation, during the Ukraine |
| 0:17.1 | predation. |
| 0:18.4 | We're looking at the Russian economy boasting and then, Michael, a very good evening to you, I go to an item from the Financial |
| 0:26.4 | Times in these last days, seized frozen Russian assets before U.S. election, says the Prime Minister of Estonia, Kaja Kales, the Prime |
| 0:39.0 | Minister, by the way, was threatened by the Kremlin, I think just a week past putting her on a wanted |
| 0:44.7 | list Estonia is a marvel of digitalization I believe the government is the only |
| 0:51.0 | one in the world that's completely digitalized to its citizens |
| 0:54.3 | about a million people, but it's feeling threatened all the time by the Russian Federation. |
| 1:02.2 | And now the Prime Minister, with the backing of the the we can before important elections. |
| 1:13.0 | Seizing the assets, we've been to this story before, Michael. |
| 1:17.0 | There's either 300 billion or 350 billion, I lose count of Russian assets in possession of the Western banks. |
| 1:25.0 | Seizing those assets would immediately trigger all kinds of problems in all directions |
| 1:33.2 | countries seizing other assets. |
| 1:35.2 | We have said before it's not a good idea, |
| 1:37.6 | but the idea keeps coming back. |
| 1:40.0 | Is it getting more realistic? |
| 1:41.5 | Good evening to you, Michael. Good evening to you, Michael. |
| 1:43.0 | Good evening to you, the idea is coming back because Western governments are scrambling. |
| 1:47.7 | They cannot provide sufficient support to Ukraine. |
| 1:51.1 | They consider it the most important, the most dangerous war since World War II, and they |
| 1:56.2 | cannot find the money. |
... |
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