Putin’s Economic Crisis Gets Worse & China Trades Blows With Japan

In this episode of The PDB Situation Report:

– Russia’s war economy is starting to crack. Deep Ukrainian strikes and tough new U.S. sanctions have pushed Moscow’s oil revenues to their lowest point in two years. We’ll explain what’s driving the pressure and why it matters. Eddie Fishman of the Center for a New American Security joins us for more.

– In Japan, a single off-the-cuff remark from new Prime Minister Sanae Takaichi has triggered the most serious diplomatic clash with China in years. We’ll break down what she said and how Tokyo and Beijing are reacting. Author Gordon Chang stops by to give his insight.

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GUESTS:

Edward Fishman: Author of CHOKEPOINTS: American Power in the Age of Economic Warfare – https://www.penguinrandomhouse.com/books/726149/chokepoints-by-edward-fishman/

Gordon Chang: Follow Gordon on X – https://x.com/GordonGChang

21 Comments

  1. Another great Saturday report. Edward Fishman was able to supply insight into the speculative 'so-called' peace agreement. Putin should get nothing for his actions. Neither Ukraine nor the EU will agree to the proposed agreement. Interesting point about the politics of gas pricing. The US should never forget the cost of going into two wars in the Middle East and the ultimate price we have paid so far. Again, politics and wars carry a heavy price. Rest in peace, Dick Cheney.

  2. Putting on my most cynical spectacles, USA is in a position where their 2nd most serious adversary is locked into a very costly forever-war without the USA even paying for it anymore. Au contraire, USA makes money selling weapons to Ukranian now. So, why is the USA so interested in forcing though a peace deal? Should USA not just sit back and enjoy their adversary ruin themselves?

    And don't give any BS about humanitarian reasons. A president not being able to wait to rip Ukraine off though weird investment vehicles, surely don't care that much about the Ukranian people.

  3. I've become more and more skeptical of think tank spokesmen. I would be slightly less skeptical if they would preface their remarks with a financial disclosure of how and by whom their organization is funded and by how the spokesman in particular is funded.

  4. Nonsense from worry warts. An economy attracting $13 T from foreign Nations does not decline. A Nation forcing Europe to defend Europe, Commonwealth to defend Commonwealth, Western Pacific to defend themselves is conserving cash. These things strength US economy. A Nation forcing the reduction of Foreign VATS & Tariffs on US imports is not weakening its economy. Listeners??? You decide.

  5. I consider myself MAGA, but I am not in the cult of personality many of us are. So I will say it, Trump has been an utter failure on Ukraine. It is America First to continue US global hegemony. And appeasement of Russia would destroy our foreign policy. Ukraine is doing a great job right now, they will lose Donbas eventually, but they will break the Russian economy. That could happen before he has taken all of the Donbas, but even if its after its a inevitability. When that does happen if Ukraine has conserved enough combat power Ukraine can take it back.