Economic Shock and Awe | Through The Roof | Sue Bird
Economic Shock and Awe – As Russia continues its assault on Ukraine, the United States, European Union, and Asian allies have imposed unprecedented economic sanctions on Russia. The goal is to force Russia to withdraw its army and agree not to attack Ukraine again. Sharyn Alfonsi sits down with deputy national security advisor Daleep Singh, the Biden administration's point man on the sanctions and architect of this "war by other means." Alfonsi reports on the impact of the sanctions, the risk, and the potential for collateral damage on the U.S. economy and the rest of the world.
Through The Roof – 60 MINUTES travels to a hot housing market and examines the rental madness affecting millions of Americans. With residential rents nationwide up 15% last year, nearly twice the overall inflation rate, Lesley Stahl looks at the factors behind the jump – supply and demand first among them. While millions of people need rental housing, very little rental housing has been built in the last decade. At the same time, big investment firms are buying up rental properties, most of them in "hot" Sun Belt rental markets, and in turn, would-be first-time homebuyers have to compete against Wall Street giants. The financial impossibility for many keeps people as tenants renting, which keeps rental demand high and can drive rents even higher.
Sue Bird – Jon Wertheim profiles one of the greatest players in WNBA history and one of basketball's generational stars. Sue Bird is poised to start her 19th season with the only team she's ever known, the Seattle Storm. Three decades, four WNBA championships, and five Olympic gold medals later, Bird has come a long way, as has her league and women's sports. Wertheim talks to the fearless New York point guard, now 41 years old and still performing with crisp precision.
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