During an appearance on Newsmax, Sanford Mann, the CEO of American Hartford Gold characterized the crippling sanctions being enacted on Russia as a result of Vladimir Putin’s invasion of Ukraine as “cancel culture.”
“We’ve seen cancel culture basically forcing a lot of U.S. companies, a lot of global companies, from ceasing doing business with Russia but the implied risk of that is a lot of these companies, Russia is their fifth largest market,” Mann said.
“So when you have a company that no longer services Russia, it’s going to negatively impact their quarterly financials,” he added.
“Unfortunately, a lot of these companies have been forced to cancel Russia when in fact, it’s going to have a very negative effect.”
Watch a clip below:
did a double take at this line from a Newsmax guest pic.twitter.com/RuQ620tb5Z
— Aaron Rupar (@atrupar) March 12, 2022