Sept. 11, Russian Oligarchs & the Death of the Middle Class episode artwork

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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