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How Ukraine's Refinery Strikes Destabilize the Entire Russian Economy - William Spaniel
Ukraine's targeting of Russian oil refineries raises deeper questions about the Russian economy. Today's video looks back at the "Dutch disease" problem that Russia faced at the beginning of the war, how the Russian Central Bank resolved the problem, and how Ukraine's new strategic bombing campaign puts it back into focus.
0:00 Ukraine's Refinery Attacks and Russia's Economic Position
1:34 Russia's Dutch Disease Problem
5:27 The West's Obvious Sanctions Strategy
7:53 The West's Actual Strategy
12:25 How Russia's Economy Has Survived
15:27 Ukraine's New Economic Pressure on Russia
16:58 Implications for the War's Near Future
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