Biden on Russian Stock Market: "Ya Hear Me? It Will Blow Up”

Biden speaking to Philadelphia in an address to the Democratic caucus also laid out the damage done by U.S. sanctions to the Russian economy.

“We’re increasing coordination among the G7 countries. And to target, capture, the yachts. Some of these yachts are 450-feet long. I’m serious. Hundreds of millions of dollars in value. They’re luxury apartments. The totality of our economic sanctions and controls are crushing, crushing the Russian economy,” Biden said.

“The ruble has lost — I know many of you know this in detail, lost more than half its value,” he added.