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The united states, from the western hemisphere and much of asia. what that means is de-industrialization. a lot of their corporations are going to leave and not come back. it's a real negative impact. second, the europeans have the money when things get ugly to pay for the inputs to ensure their working class is taken care of. the developing world does not. if you're not a commodity exporter in the developing world, you face a serious fiscal crunch, lots more social instability, maybe a financial crises. >> i want to end on that point. you talk about arrested global development. this is someth...

Two persons have been put before an Accra Circuit Court for allegedly robbing a German national of one kilogramme of gold worth GHC 259,000. Philip Mustapha Morka, a 58-year-old Commodity Exporter and Nana Akwasi Adom, a 59-year-old bar operator are alleged to have committed the act with some police officers…

So much steel, palladium, oil, you know what we're talking about here. it's like, you know, the biggest commodity exporter in the entire world. could they pull back and just send everything to china, send everything to india and kind of starve the economy and just rip apart supply chain. >> we are no longer in the unipolar american moment. might think that off ramps are options in particular burgeoning economic relationship with xi jinping and china. met with xi olympic games a few short weeks ago. beyond that in the first 24 to 48 hours after putin launched military in ukraine. the west bough...

Canceled, right? i mean, between the fierce ukrainian resistance and the widespread international financial sanctions and boycotts and russian teams being barred from international competitions. russia is being canceled. it is a different world. this is not something that president putin ever had anticipated. so, an implosion of the russian economy is going to have severe political consequences for him. but, we have got to be very careful that the spillover effect is not so severe that it takes down the global economy sends the global economy into a worldwide recession and effects us directly ...