Posts Tagged ‘low-price’

David Letterman: Economic Sanctions

Posted by admin on Tuesday, April 12, 2022

David Letterman Money Quote saying economists think that Russia is suffering economically due to sanctions, oil boycotts and vodka sales have tanked. David Letterman said:
 
Economists believe there are three reasons why the Russian economy is doing so poorly. One, economic sanctions are working. Number two, low-price oil Quote

“Economists believe there are three reasons why the Russian economy is doing so poorly. One, economic sanctions are working. Number two, low-price oil. And number three, Lindsay Lohan has quit drinking vodka” — David Letterman

 

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In this quote, David Letterman is using humor and sarcasm to poke fun at economic analyses of Russia’s struggling economy. He jokingly lists three supposed reasons economists believe Russia is doing poorly economically – economic sanctions, low oil prices, and Lindsay Lohan quitting vodka. Of course, the third reason involving Lindsay Lohan is a completely ridiculous and made up claim meant as a punchline.

Letterman is parodying how economists and analysts often attribute complex economic troubles to various factors. In this case, he takes it to an absurd level by attributing part of Russia’s economic problems to something as nonsensical as an actress quitting drinking vodka. The quote aims to get a laugh through ridiculous exaggeration and hyperbole rather than provide a serious economic interpretation. It uses sarcasm to mock the types of multifaceted explanations economists sometimes give for major economic issues.

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