The former Harvard University president said on Fareed Zakaria GPS Sunday, economic sanctions on Russia haven’t bitten hard because a countries making up a significant part of the world’s GDP, like China, India and Turkey, haven’t participated. Russia’s economy is set to grow by 0.3% this year, the IMF reported, better than the UK or Germany, despite the sanctions and frozen central bank reserves.
The way to win the economic aspect of this, Summers said, is to support Ukraine’s economy, which has left bombed cities and millions destitute. Russian assets should be the ultimate source to pay the bill to rebuild Ukraine, Summers said. In addition to Ukraine, Russian assets should be used to support “the developing world that have paid and suffered enormously from higher food and energy prices because of Russian aggression,” Summers asserted.
🖕Evil Edomites
Yes!👏
🤦🏿♂️ they keep on missing the point dialogue and stop beating about the bush
Former. Don’t call us we’ll call you. Buh bye.
Please help broadcast Nigerian elections are being rigged right now
Arriadna Larry Summers has literally never been right about anything
With CCP controlled China playing an important role in the world’s economy and Xi’s unlimited strategic partnership with Putin, economic sanctions on Russia is like a sieve that a giant cargo ship can go through.