Transcripts for MSNBC The 11th Hour 20220301 04:23:00 : vima

MSNBC The 11th Hour March 1, 2022 04:23:00

against the dollar to record low of today. average russians are lining up that banks trying to withdraw whatever money they can. all of this is a very important reminder that vladimir putin promotes its nation as a superpower. russia has super new color power, but not economic power. even before the sanctions, it was just the 11th largest economy in the world. that is like the size of the state of new york. and not the economy is in free fall. with us tonight to follow the money, julian tech, she is the chair of the editorial of war and editor at large for the financial times. and david milbank, the president and ceo of the international rescue committee. and the foreign former secretary for the uk. jillian, there have already been a lot of tough sanctions on russia over the weekend. but this latest one, going after their central bank, i mean, that is like taking away their safety net. >> absolutely. i mean, this is really the equivalent of financial shock

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