EPISODE · Aug 9, 2024 · 40 MIN
Sept. 11, Russian Oligarchs & the Death of the Middle Class
from Global Macro Update
After Russia invaded Ukraine, the US and its allies froze over $58 billion in assets from Russian oligarchs and blocked major Russian banks from using the international payment system, known as SWIFT. Did we cross a line? Or did we cross it decades earlier in the aftermath of the Sept. 11 attacks?
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Sept. 11, Russian Oligarchs & the Death of the Middle Class
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