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Transcripts for CNN CNN Newsroom With Jim Acosta 20220108 22:49:00

and you know, they wouldn t really have a choice, but the trick with sanctions is they re only effective if you get broad agreement on them. they ve been running around with the europeans trying to make sure everybody s on board with this. a big player would be china. the bank of chiena is a member f a financial group that russia set up recently because the russians and the chinese have both been trying to sanctions proof their economies. so that would be a big issue. there s one other big element, too, jim, which is that we re reporting that the u.s. is also preparing to help arm a ukrainian insurgency if the russians roll over the ukrainian military and try to occupy parts of the country. and that means very 1970ish proxy war and of course we re gotten ourselves into all kinds of different conflicts that way

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