#Russia: The Yuanization of the sanctioned economy. Michael Bernstam, Hoover Institution
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 12 May 2023
⏱️ 11 minutes
🧾️ Download transcript
Summary
@Batchelorshow
#Russia: The Yuanization of the sanctioned economy. Michael Bernstam, Hoover Institution
https://markets.businessinsider.com/news/currencies/russian-economy-putin-frozen-china-yuan-sanctions-ukraine-energy-sector-2023-5?op=1
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Presenting Hop On Board, a podcast series by Southeastern, six podcasts, six celebrity |
| 0:06.2 | hosts, taking you on a whistle-stop tour of some of the best places to explore by rail |
| 0:10.8 | on the Southeastern network. |
| 0:12.4 | Join Greg Wallace as he tucks into delicious food and drink, rave-wilding, uncovering |
| 0:17.2 | unsolved mysteries and spooky happenings, and Miranda Sawyer getting Artie on the Ken |
| 0:21.9 | Coast. |
| 0:22.9 | Get the inside track on Kenton East Sussex with Hop On Board, listen now wherever you |
| 0:27.2 | get your podcasts. |
| 0:30.0 | This is CBS High in the World. |
| 0:37.1 | I'm John Bachelors, Ukraine conflict and Russia and sanctions. |
| 0:42.3 | Western sanctions will keep Russia's economy frozen, says Carnegie, Russia Eurasia Center. |
| 0:48.6 | Russia is now over-reliant on commodities in China and can't secure advanced technologies, |
| 0:54.2 | same report. |
| 0:55.3 | The much-voted de-dollarization of the Russian economy is simply turning into its euonization. |
| 1:02.9 | Euonization. |
| 1:03.9 | New word to me, so I welcome Michael Bernstom, the Hoover Institution, who's guided me on |
| 1:10.1 | this transformation of the Russian economy into, dependent upon, one could say even obsessively |
| 1:16.4 | addicted to the Chinese economy. |
| 1:19.6 | What I hadn't anticipated was that the Russians have been boasting they're going to de-dollar |
| 1:24.7 | ize. |
| 1:25.7 | Did they know that that was going to turn them into a subset of the Russian economy? |
| 1:31.1 | Michael, a very good even to you. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from John Batchelor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of John Batchelor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.