down 40%. back to the economy collapse in 2008. if you went to bed last night in russia your savings in rubles are about 40% less than what they were. when trading opens today it could tank even more. that s a huge shut state media can t control. if they are buying just half what they could a day ago, that tells you something no matter what the state media is telling you. jon: the russian people can t be happy with what s going on in their pocketbooks. vladimir putin putting this nuclear forces on high alert, he says, citing aggressive statements by nato powers and western economic sanctions. the biden administration has approved millions of dollars in humanitarian and hilt aid to
about a day after the invasion started when the e.u. stepped up and the u.s. followed in introducing very severe and very drastic sanctions. we don t know with this ends up with russian s economy. is it something that they can recover from quickly if there s they pull back and they deescalate? can we turn off some of the sanctions and quickly help the russian economy recover and bring them back in to the fold of the western world? we don t know what will happen with that. the more important thing that putin in addition to watching his economy collapse, he s shutting it off information-wise from the rest of the world. that means he will control the information flow. stuff will get through, but the information campaign to convince the russian people that there s a reason these sanctions are in place and the steps that need to be taken to reverse them are to change their course in ukraine are going to become more difficult. martha: a way to keep the
Carol Roth, a former investment banker and author of ‘The War On Small Business,’ tells Glenn the current driver of today’s skyrocketing inflation is monetary and fiscal policies from the last two years. Those in the power seat are treating the economy as if it has an on/off switch, and they failed .
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on the second anniversary of the october revolution. we want to bring in cnn s ben wedeman. he is live in beirut s martyr square, the epicenter of those 2019 protests. and ben, i am wondering what you re expecting today, especially given that there are accusations that political factions are using the violence and the bloodshed to further their own causes. i know that that s the cynical view, but what do you see unfolding in the hours to come? reporter: well, i think as far as the various political parties exploiting the violence, well, that s politics. politics anywhere. and of course, here, even more so. now, yes, we re in martyr square, where i can tell you exactly two years ago today, this square and the road leading up to the prime ministry was full of people. people protesting against a political system that seems immune to anything. what we ve seen over the last two years is the lebanese economy collapse. for instance, the minimum wage,