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Kudlow: Biden has been the kind of president who is always too little, too late
Kudlow: Biden has been ambiguous about Taiwan
FOX Business host weighs in on Biden’s meeting with Chinese President Xi on ‘Kudlow.’
In addition to the tragic efforts by war criminal Putin to level and destroy the beautiful Ukrainian city of Lviv, thereby continuing his crimes against humanity for which he must be prosecuted at some point, the other big event today is the two-hour phone call this morning between Presidents Biden and Xi. The big question there is whether China will re-supply economic and wartime materials to Russia.
By all reports, Russia is experiencing major shortages. Their economy's in shambles. Their stock market is closed. Their currency is worthless and while they're still making money from oil and gas sales, increasingly the private sector in U.S. and Europe is self-sanctioning, adding to the damage to Russia.
I still think Holman Jenkins's idea of escrowing cash from Russian energy sales to Europe is a good idea. If Putin ever makes peace, he can get his money back, but not now.
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