CNN CNN Newsroom With Poppy Harlow and Jim Sciutto January 17, 2022 15:20:00
Europeans would crumble, that the sanctions wouldn't hold. in fact, angela merkel consumer sentiment -- kept the americans together. this rash etting of sanctions would be substantial. it would possibly cut russia out of the international payment system, swift, which would be a big deal. but, you know, at the end of the day, sanctions to the best of my knowledge have never really deterred a country that is determined to go to war. russia is a big domestic economy. they have built up $600 billion of foreign exchange reserves. the world needs their gas. so it's not a very powerful th threat, but...