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Topic: Economic sanctions are not a war declaration - page 3. (Read 963 times)

copper member
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That is, in response to any attempts by the West to withdraw money from Russia in the amount of up to $ 300 billion, instead of money, investors will be issued promissory notes with instructions to pay them from the funds of the Central Bank of Russia frozen by sanctions. The problem with the West is that it has never fully understood the Russian mentality. You can't steal $300 billion without consequences. Grin

Russia was already expected to default on it's debt as soon as next month. The desperate attempt to cover it up with "promissory notes" is quite comical.
Putin declared the freezing of funds of the Central Bank of Russia the default of the West and carried out a soft nationalization without causing internal protest from his voters. This is a strong move.
Putin does not have any voters. He is a dictator.

Putin prevented debts from being paid to the west in order to avoid running out of money that he has access to.
copper member
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White Russian
That is, in response to any attempts by the West to withdraw money from Russia in the amount of up to $ 300 billion, instead of money, investors will be issued promissory notes with instructions to pay them from the funds of the Central Bank of Russia frozen by sanctions. The problem with the West is that it has never fully understood the Russian mentality. You can't steal $300 billion without consequences. Grin

Russia was already expected to default on it's debt as soon as next month. The desperate attempt to cover it up with "promissory notes" is quite comical.
Putin declared the freezing of funds of the Central Bank of Russia the default of the West and carried out a soft nationalization without causing internal protest from his voters. This is a strong move.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
That is, in response to any attempts by the West to withdraw money from Russia in the amount of up to $ 300 billion, instead of money, investors will be issued promissory notes with instructions to pay them from the funds of the Central Bank of Russia frozen by sanctions. The problem with the West is that it has never fully understood the Russian mentality. You can't steal $300 billion without consequences. Grin

Russia was already expected to default on it's debt as soon as next month. The desperate attempt to cover it up with "promissory notes" is quite comical.
copper member
Activity: 1666
Merit: 1901
Amazon Prime Member #7
I don't know about Russia's retaliatory capabilities against countries that don't border them but Putin will likely try something.
Putin today announced the sale of gas for rubles to unfriendly countries.
What kind of nonsense is this? There is no reason why Putin would want more Rubles? The Ruble is worthless and Putin has the ability to print an unlimited supply of Rubles.
I guess he just have to double-down. If they're not doing business with Russia then he would probably retaliate by withholding access to gas and oil.
Putin cannot actually follow through on threats to stop selling oil and gas. This is how Putin is financing the war. If Putin stops selling Russian energy to the West, he will quickly run out of money.

Putin's best bet is to threaten to withhold Russian energy from Europe to coerce them into lifting other sanctions, and into stopping supporting Ukraine militarily.
sr. member
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I guess he just have to double-down. If they're not doing business with Russia then he would probably retaliate by withholding access to gas and oil. Those that are buying those fuel from them would be forced to pay in ruble if they hop into the sanction bandwagon.
copper member
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White Russian
Yeah I suppose he does need money actually coming in.
Today the Central Bank of Russia introduced its counter-sanction. Earlier, the authorities, in response to Western sanctions, had already banned the sale of securities by foreign investors and the withdrawal of funds from the Russian financial system. “In addition, payments on the corporate debt of Russian companies and government debt to debt holders from countries that support sanctions against Russia will only take place with the permission of the government commission. That is, in response to the freezing of part of Russian reserves, Russia also introduced restrictions on the movement of funds, which could be transferred to unfriendly countries for a comparable amount," he Bank of Russia points out.

That is, in response to any attempts by the West to withdraw money from Russia in the amount of up to $ 300 billion, instead of money, investors will be issued promissory notes with instructions to pay them from the funds of the Central Bank of Russia frozen by sanctions. The problem with the West is that it has never fully understood the Russian mentality. You can't steal $300 billion without consequences. Grin
hero member
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I don't know about Russia's retaliatory capabilities against countries that don't border them but Putin will likely try something.
Putin today announced the sale of gas for rubles to unfriendly countries.

Yeah just saw that. I suppose this will dissuade some of their gas customers from joining the NATO sanctions.

That plus KSA selling oil to China for Yuans, guess the petrodollar is really coming to a close.

I don't know about Russia's retaliatory capabilities against countries that don't border them but Putin will likely try something.
Putin today announced the sale of gas for rubles to unfriendly countries.

Putin could easily force Gazprom to sell their euros at any rate he wants. The only reason to try to force e.g. Germany to do it is to basically renege on the contract - I bet the rate he wants will be something ludicrous and not the current market rate. Essentially he wants more euros, not rubles.

Yeah I suppose he does need money actually coming in.
copper member
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White Russian
Sanctions against Russia are unprecedented and very painful (no one in the world lost $300 billion of their reserves overnight).
This is what you call painful? Tell her about unprecedentness and pain
It is unfortunate that Russia's operation is fraught with humanitarian risk for the civilian population, and it is doubly unfortunate when children suffer from the inability of diplomats and politicians to agree. For many years, Russia, together with Germany and France, have been making efforts to implement the Minsk agreements to overcome the humanitarian crisis in the Donbass, where tens and hundreds of children and thousands of civilians have died in eight years of shelling by the Armed Forces of Ukraine. Ukraine stubbornly sabotaged the Minsk agreements and Russia decided to use force in response to the request of the self-proclaimed people's republics of Donetsk and Lugansk, which Russia recognized as independent states in late February. For eight years, Ukraine has been committing genocide against its own people, and Russia has decided to stop this by demilitarizing Ukraine. When the operation is over, Russia will help and actively participate in the restoration of everything destroyed. Russian sappers have already begun clearing minefields in demilitarized territories so as not to miss the sowing campaign and not aggravate the threat of famine, primarily in Africa, which depends on food supplies from this region.
hero member
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Sanctions against Russia are unprecedented and very painful (no one in the world lost $300 billion of their reserves overnight).

This is what you call painful? Tell her about unprecedentness and pain

https://www.mirror.co.uk/news/world-news/ukrainian-girl-who-lost-arm-26477022

"Sasha, nine, said she hoped the Kremlin troops who shot her in the arm and slaughtered her dad in a flurry of machine gun bullets "didn't mean to hurt her"


copper member
Activity: 2226
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White Russian
It seems Putin don't actually care about the sanctions been placed on his country.
This is not so if Putin really did not care about the sanctions of the West - he would simply ignore them, or brush them off like an annoying fly. Sanctions against Russia are unprecedented and very painful (no one in the world lost $300 billion of their reserves overnight). But the West did not seem to take into account that Russia would have the audacity to impose counter-sanctions of a similar strength. And if Russia withstood the blow of the West with dignity, then whether the West will withstand the blow of Russia is a very big question. Russia has a very simple and strong economy with a steady budget surplus and a positive foreign trade balance. The Western economy is now like a huge bubble, inflated during the pandemic by quantitative easing programs to incredible proportions. And it looks like Putin has pierced this bubble with the sharp needle of his decision to sell gas for rubles.

I usually do not give free investment advice, but today I will make an exception. Hyperinflation is coming, buy bitcoin.
sr. member
Activity: 1218
Merit: 279
That is why NATO should make it clear to him to stop bombing Ukraine or they will start bombing these nice malls in Moscow, and his bunkers in the Ural and Altai mountains.

They should talk from the position of power not weakness.  This is the only language Putin understands.

Do you think that is probably the best decision to take?
Don't you think NATO getting directly involved in the crises will worsen the situation? It seems Putin don't actually care about the sanctions been placed on his country. Also, remember that Ukraine is not a member of NATO yet, so I don't think NATO will for any reason send troops to support them. However, Putin is doing everything to ensure Ukraine doesn't join NATO. So sad that Ukraine keep losing it Citizens in the war.
copper member
Activity: 2226
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White Russian
Putin is still in denial that he is in no position to be making demands.
Oh no, Putin is now in exactly the position where he can demand anything, unlike Zelensky. Gaddafi was killed for less. Previously, the United States solved such problems simply - they drove an aircraft carrier and started bombing, if only the appearance of an aircraft carrier was not enough. Where are the American aircraft carriers now? They are afraid to get closer than a thousand kilometers, because otherwise the hypersonic Dagger will fly in and turn it into a pile of flaming debris.
legendary
Activity: 2702
Merit: 1468
Russia does not need euros, but the freedom to dispose of them, to buy everything that Russia needs, even if sanctions are imposed on it. One phrase of Putin's "gas for rubles" made 6,000 Western sanctions a senseless hysterical dummy. It is foolish to threaten Russia when she holds you by the balls - Europe will quickly learn this lesson.

Russia could itself overcome the sanctions through spacers and intermediaries, it has enough loyal partners in the world and enough experience. But then the Russians would have to pay overheads and commissions. Now the overhead costs of overcoming their own sanctions will fall on the shoulders of the West. This is an example of political judo, which Putin is very good at.

Translation: Putin is running out of euros and he needs more euros so he's trying to renegotiate the gas contracts.

That's all there is to it. He can't pay anyone outside of Russia (e.g. China) in rubles. He needs real currency. He's thoroughly fucked either way but if he can extort a few extra euros this way, he might be able to make it to May 9 and have a few tanks remaining for his last parade in the Red Square.
Russia ran out of euros in gold and foreign exchange reserves a month ago, when one of the very first sanctions imposed blocked the funds of the Central Bank in dollars and euros. Translation - The West stole Russian euros.

China has not joined the Western sanctions, so the Central Bank's yuan is fine, don't worry about it. You did not understand what actually happened after the announcement of "rubles for gas". Now the ruble is the real currency, backed by (for starters) gas. Unlike the dollar and the euro with uncontrolled emission, which are essentially empty shells. It is very funny to see how the countries on the unfriendly list, which cannot refuse Russian gas here and now, will go through five stages of accepting the inevitable:
1. Denial
2. Anger
3. Bargaining
4. Depression
5. Gas for rubles

Putin is still in denial that he is in no position to be making demands.

His knew-jerk reaction to ask for gas/oil payment in rubles will just speed up the decoupling of western economies from Russia.

Warp speed my friend.

I think the Soviet Union economy in Russia will be recreated faster than anyone could have predicted.
copper member
Activity: 2226
Merit: 915
White Russian
Russia does not need euros, but the freedom to dispose of them, to buy everything that Russia needs, even if sanctions are imposed on it. One phrase of Putin's "gas for rubles" made 6,000 Western sanctions a senseless hysterical dummy. It is foolish to threaten Russia when she holds you by the balls - Europe will quickly learn this lesson.

Russia could itself overcome the sanctions through spacers and intermediaries, it has enough loyal partners in the world and enough experience. But then the Russians would have to pay overheads and commissions. Now the overhead costs of overcoming their own sanctions will fall on the shoulders of the West. This is an example of political judo, which Putin is very good at.

Translation: Putin is running out of euros and he needs more euros so he's trying to renegotiate the gas contracts.

That's all there is to it. He can't pay anyone outside of Russia (e.g. China) in rubles. He needs real currency. He's thoroughly fucked either way but if he can extort a few extra euros this way, he might be able to make it to May 9 and have a few tanks remaining for his last parade in the Red Square.
Russia ran out of euros in gold and foreign exchange reserves a month ago, when one of the very first sanctions imposed blocked the funds of the Central Bank in dollars and euros. Translation - The West stole Russian euros.

China has not joined the Western sanctions, so the Central Bank's yuan is fine, don't worry about it. You did not understand what actually happened after the announcement of "rubles for gas". Now the ruble is the real currency, backed by (for starters) gas. Unlike the dollar and the euro with uncontrolled emission, which are essentially empty shells. It is very funny to see how the countries on the unfriendly list, which cannot refuse Russian gas here and now, will go through five stages of accepting the inevitable:
1. Denial
2. Anger
3. Bargaining
4. Depression
5. Gas for rubles
legendary
Activity: 2394
Merit: 1632
Do not die for Putin
Just use google to verify what your propaganda is feeding you.
You are a very funny conversationalist, but it's time for me to sleep in the hayloft. Tomorrow morning I will get up again at sunrise, eat a baby for breakfast and drink vodka, then I will pull one European out of the cellar to feed my tame bear, then I will put on ceremonial bast shoes and an earflap with a red star, put firewood into the electric generator, turn on my analog lamp computer and I will again inspire everyone with horror on the Internet all day, telling propaganda. It's hard work, but after victory I was promised two sacks of potatoes, four cases of vodka and a dozen captured homosexual Europeans, my bear loves them very much for their tender meat.  Grin

I am sure you will do so. But I am sure you will not be able to buy an iPhone. You may get a PutinPhone 11. It comes with a preloaded white flag and a GPS that is rigged to tell you that you are always in Russia.

Russia does not need euros, but the freedom to dispose of them, to buy everything that Russia needs, even if sanctions are imposed on it. One phrase of Putin's "gas for rubles" made 6,000 Western sanctions a senseless hysterical dummy. It is foolish to threaten Russia when she holds you by the balls - Europe will quickly learn this lesson.

Russia could itself overcome the sanctions through spacers and intermediaries, it has enough loyal partners in the world and enough experience. But then the Russians would have to pay overheads and commissions. Now the overhead costs of overcoming their own sanctions will fall on the shoulders of the West. This is an example of political judo, which Putin is very good at.

Translation: Putin is running out of euros and he needs more euros so he's trying to renegotiate the gas contracts.

That's all there is to it. He can't pay anyone outside of Russia (e.g. China) in rubles. He needs real currency. He's thoroughly fucked either way but if he can extort a few extra euros this way, he might be able to make it to May 9 and have a few tanks remaining for his last parade in the Red Square.


Pfff, it is so clear that Putin needs to support his currency... and to be honest that is great news, it means that sanctions and economic measures are sinking the ruble and that is something the media cannot hide from the Russian people... things cost what they cost.


...

I bet NATO chose this route because they want to destroy Russia militarily and economically without stepping a foot on the Russian territory.

Do I agree with it? Hell no, I think it is inhumane that they are allowing Russians to control Ukrainian air space and bomb them indiscriminately.

NATO should disable Russian missiles sites, disable their air defense systems, destroy the Black Sea fleet, destroy the Kerch bridge, and bomb their bases in Crimea. All in a day or two. That is the correct course of action.

NATO is officially neutral in this conflict. They can sell weapons to whoever they choose and at the price they choose as per the rules of war and the choice is to supply Ukraine as much as possible.

While it may look like a great idea to escalate and involve more countries directly in the war, the options you are proposing lead to escalation and the risk of a nuclear response. Such a response may range from a limited nuclear war to a full scale humanity self-destruction.

Do you really want to get your country nuked? Because it will be where the first strike would happen and it is a game with no winner.

legendary
Activity: 3654
Merit: 8909
https://bpip.org
Russia does not need euros, but the freedom to dispose of them, to buy everything that Russia needs, even if sanctions are imposed on it. One phrase of Putin's "gas for rubles" made 6,000 Western sanctions a senseless hysterical dummy. It is foolish to threaten Russia when she holds you by the balls - Europe will quickly learn this lesson.

Russia could itself overcome the sanctions through spacers and intermediaries, it has enough loyal partners in the world and enough experience. But then the Russians would have to pay overheads and commissions. Now the overhead costs of overcoming their own sanctions will fall on the shoulders of the West. This is an example of political judo, which Putin is very good at.

Translation: Putin is running out of euros and he needs more euros so he's trying to renegotiate the gas contracts.

That's all there is to it. He can't pay anyone outside of Russia (e.g. China) in rubles. He needs real currency. He's thoroughly fucked either way but if he can extort a few extra euros this way, he might be able to make it to May 9 and have a few tanks remaining for his last parade in the Red Square.
copper member
Activity: 2226
Merit: 915
White Russian
Just use google to verify what your propaganda is feeding you.
You are a very funny conversationalist, but it's time for me to sleep in the hayloft. Tomorrow morning I will get up again at sunrise, eat a baby for breakfast and drink vodka, then I will pull one European out of the cellar to feed my tame bear, then I will put on ceremonial bast shoes and an earflap with a red star, put firewood into the electric generator, turn on my analog lamp computer and I will again inspire everyone with horror on the Internet all day, telling propaganda. It's hard work, but after victory I was promised two sacks of potatoes, four cases of vodka and a dozen captured homosexual Europeans, my bear loves them very much for their tender meat.  Grin
legendary
Activity: 2702
Merit: 1468
Glad you're having fun. For many years the United States inspired you with the idea that the Armed Forces of Ukraine are the strongest army in Europe, and for three whole months of winter you were preparing for the invasion of Russia. And when it happened, you weren't ready. And now Zelensky is running around with a burnt bottom and begging everyone in a row for more planes and tanks, and in general at least something, and "the strongest army in Europe" is fragmented, disoriented, deprived of air support and has not carried out a single successful counter- offensive. It's a shame.

LOL. Just use google to verify what your propaganda is feeding you.

https://www.globalfirepower.com/countries-listing.php

At the rate Ukrainians are destroying Russia's equipment and soldiers, in a few months, they will wipe out 50% of their active army.
And Russia will have to declare martial law and introduce a general draft.

Ukrainians can only stay in this fight as long as NATO/US will continue to supply them with weapons, planes, tanks, ammunition, etc.

The issue Russia has is that if this continues few more months, they will have to deal with an economic collapse at home.
So they might have to withdraw as they physically might not be able to continue.

I bet NATO chose this route because they want to destroy Russia militarily and economically without stepping a foot on the Russian territory.

Do I agree with it? Hell no, I think it is inhumane that they are allowing Russians to control Ukrainian air space and bomb them indiscriminately.

NATO should disable Russian missiles sites, disable their air defense systems, destroy the Black Sea fleet, destroy the Kerch bridge, and bomb their bases in Crimea. All in a day or two. That is the correct course of action.
copper member
Activity: 2226
Merit: 915
White Russian
Glad you're having fun. For many years the United States inspired you with the idea that the Armed Forces of Ukraine are the strongest army in Europe, and for three whole months of winter you were preparing for the invasion of Russia. And when it happened, you weren't ready. And now Zelensky is running around with a burnt bottom and begging everyone in a row for more planes and tanks, and in general at least something, and "the strongest army in Europe" is fragmented, disoriented, deprived of air support and has not carried out a single successful counter- offensive. It's a shame.
legendary
Activity: 2702
Merit: 1468
The fact is, Putin's Russia will be selling rubles to Germany to pay for gas, so euros will end up in Putin's pocket, just as it's happening now.
Russia does not need euros, but the freedom to dispose of them, to buy everything that Russia needs, even if sanctions are imposed on it. One phrase of Putin's "gas for rubles" made 6,000 Western sanctions a senseless hysterical dummy. It is foolish to threaten Russia when she holds you by the balls - Europe will quickly learn this lesson.

Don't threaten if you can't deliver - that's a sign of weakness. Russia could itself overcome the sanctions through spacers and intermediaries, it has enough loyal partners in the world and enough experience. But then the Russians would have to pay overheads and commissions. Now the overhead costs of overcoming their own sanctions will fall on the shoulders of the West. This is an example of political judo, which Putin is very good at.

LOL. You are clueless.

https://www.youtube.com/watch?v=kSlyYCa05aM
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