https://sputnikglobe.com/20230719/ukraine-hawks-run-into-economic-reality-1111989365.html
Ukraine Hawks Run Into Economic Reality
Ukraine Hawks Run Into Economic Reality
Sputnik International
In this week’s episode of the New Rules podcast, host Dimitri Simes Jr. speaks with financial and geopolitical analyst Tom Luongo about the growing risk of a European banking collapse, NATO’s shrinking options to keep funding the proxy war in Ukraine, and why Biden needs China to bail out the US economy.
2023-07-19T16:00+0000
2023-07-19T16:00+0000
2023-07-19T16:00+0000
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Ukraine Hawks Run Into Economic Reality
Sputnik International
In this week’s episode of the New Rules podcast, host Dimitri Simes Jr. speaks with financial and geopolitical analyst Tom Luongo about the growing risk of a European banking collapse, NATO’s shrinking options to keep funding the proxy war in Ukraine, and why Biden needs China to bail out the US economy.
“The economic bloc between a rock and a hard place is Europe – they're energy importers, they're not particularly good exporters of anything that really matters anymore,” Tom Luongo said. “Germany is being deindustrialized like you wouldn't believe. Italy is being squeezed politically to the point where its vaunted industrial engine is being crushed. And then you have energy prices set to rise.”We'd love to get your feedback at radio@sputniknews.comThe views and opinions expressed in this program are those of the speakers and do not necessarily reflect the position of Sputnik.
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new rules, us economy, eu economy, economic crisis, ukraine support, nato in ukraine, why does europe support ukraine, why does the us support ukraine
new rules, us economy, eu economy, economic crisis, ukraine support, nato in ukraine, why does europe support ukraine, why does the us support ukraine
Ukraine Hawks Run Into Economic Reality
Simes Dimitri
Deputy Director of Sputnik's English-language Department
In this week’s episode of the New Rules podcast, host Dimitri Simes Jr. speaks with financial and geopolitical analyst Tom Luongo about the growing risk of a European banking collapse, NATO’s shrinking options to keep funding the proxy war in Ukraine, and why Biden needs China to bail out the US economy.
“The economic bloc between a rock and a hard place is Europe – they're energy importers, they're not particularly good exporters of anything that really matters anymore,” Tom Luongo said. “Germany is being deindustrialized like you wouldn't believe. Italy is being squeezed politically to the point where its vaunted industrial engine is being crushed. And then you have energy prices set to rise.”
We'd love to get your feedback at
radio@sputniknews.comThe views and opinions expressed in this program are those of the speakers and do not necessarily reflect the position of Sputnik.
