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Topic: How Russia is surviving NATO-backed sanctions (Read 325 times)

legendary
Activity: 3906
Merit: 1373
Zara reopens in Moscow


Other clothing stores should also soon begin operating under new names, including Dub (formerly Pull & Bear), Ecru (formerly Bershka) and Vilet (formerly Stradivarius).

Last March, Spanish clothing multinational Inditex sold its Russian assets to a freezone company in the United Arab Emirates. The stores are all returning to Russia under new names.

This is how you circumvent sanctions, businesses will find a way not to lose a profitable market!



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legendary
Activity: 3906
Merit: 1373
If Russia gets back into foreign currencies, that means that she is ready to start using currencies of the countries that are sanctioning her. How peculiar.


Russia to resume foreign exchange purchases to boost currency reserves



https://www.naturalnews.com/2023-05-05-russia-to-resume-foreign-exchange-purchases.html
Russia is expected to resume buying foreign currency for its reserves as early as this month or later this year. The country halted foreign exchange purchases in late January 2022 and further suspended the program following the outbreak of the conflict in Ukraine.

According to Bloomberg Economics, the move aims to bolster Russia’s reserves as growing energy revenues “stabilize” public finances despite the West’s efforts to squeeze Kremlin’s income. The media outlet estimated initial volumes amounting to an equivalent of around $200 million in yuan per month.

The Chinese currency is the main asset Russia can still use to conduct transactions for its $154 billion wealth fund because of the sanctions that cut the country off from the world’s dollar-denominated financial system.

“It will be important for the market that the state is starting to accumulate reserves again instead of spending them,” the analyst at Freedom Holding Corp. Natalia Milchakova remarked. “This may even positively affect the ruble.”

Bloomberg‘s Russia economist, Alexander Isakov pointed out that the resumption of foreign exchange purchases may initially be small but will still be “highly symbolic.” This will show that Russia is building reserves rather than “eating through” them.

Russia sold from its wealth fund in 2023 to cover spending, and the shift from selling to buying would highlight “Russia’s ability to keep up the flow of petrodollars in the face of sanctions and the price cap” imposed by the Group of Seven (G7) industrialized nations and their partners in the European Union as well as their allies, the outlet said.
Brighteon.TV

Moscow stopped the said purchases in late January 2022 and then suspended the program when the Russia-Ukraine war began. The Bank of Russia resumed operations with foreign currency at the beginning of 2023, amid soaring oil and gas revenues. The move was part of a revamped budgetary mechanism designed to shield the economy from the volatility of commodity markets, and transactions are now carried out in yuan.

However, in the past couple of months...
...



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legendary
Activity: 3906
Merit: 1373
Russia is getting help, indirectly, from all over the place. Here is how Arizona is helping Russia. If Kari Lake had become the governor of Arizona, she probably wouldn't have had time to stand up against the US, Nato, and Ukraine like this.


JUST IN: MAGA STAR Kari Lake to Give KEYNOTE ADDRESS at CPAC Hungary in Budapest, Hungarian Media Loves Her! – Lake to Meet With Hungarian Prime Minister and Top Conservative Leaders in Europe



https://www.thegatewaypundit.com/2023/05/just-in-maga-star-kari-lake-to-give-keynote-address-at-cpac-hungary-in-budapest-hungarian-media-loves-her-lake-to-meet-with-hungarian-prime-minister-and-top-conservative-leaders-in-europe/
Kari Lake will give the keynote address at CPAC Hungary this Friday as she travels to Europe to meet with conservative foreign leaders and "discuss common-sense solutions and ideas that can put the People First," according to a statement.

CPAC Hungary will be held on April 4 and 5 in Budapest's Bálna (Whale) Conference Center.

Lake announced that she will meet with Hungarian Prime Minister Viktor Orban, who, unlike Joe Biden, puts his people first and isn't in bed with the Ukrainians. As The Gateway Pundit reported, Prime Minister Viktor Orbán told Ukrainian President Volodymyr Zelenskyy to pound sand earlier this year as he visited the EU HQ in Brussels to beg for more money, arms and fighter jets. Orbán said that Hungary would not get involved in the Ukraine war "in the interest of the country and its people."
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The Center
@alapjogokert

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🤝 🇺🇸 Meet @KariLake, one of the most charismatic #Republican politicians to come to #Budapest for #CPACHungary!
 🕊 The former candidate for governor in #Arizona has said that the #UkraineWar️ is not our war, and that an immediate #ceasefire and #peace deal is necessary.
...



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jr. member
Activity: 55
Merit: 3
why did you think Nato dislike Russia? Russia self sufficient country, they are contented with all they have. they never invaded any smaller county to steal resources. Russia is the giant of Europe if you ask me. with all the sanctions rebel against Russia they still surviving without asking from aid from any one. i think they are prepared for anything.

Russia does not invade small countries to steal their resources?I don't know what why you say that as isn't Russia trying to get the industrial area of Donbass and some other parts which will make them export their grain in much bigger quantities as the zones they are trying to annex illegally will just give them that,coming much better in the Azov sea.Also in the places they want to annex there is a huge amount of Lithium,which we all know how important is that now for the electric cars which are heavily being spot in European markets.

Everyone knows that Ukraine has ethnic Russians who have been suppressed over the years. The planned annexation of Donbas is not to steal their resources as US would do but to give the ethnic Russians a safe home. Of course, whosoever that owns the land owns the resources therein.
member
Activity: 1165
Merit: 78
There isn't any debt. The only debt that there is, is in the minds of those who believe there is a debt. The so-called debt is creations of new money. Google "Tom Schauf bank freedom."

The reason why world leaders - the REAL leaders - are collapsing the money system is, the people are finding out the truth about how fiat is creations of new money, and not debt. This knowledge will take control from these leaders, and bring freedom to the people. Can't have that. It's taken to long to get this far with enslaving the world.

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EDIT: The REAL debt is what the banking system owes the people for making them repay their debts at least twice. The banks can never pay some of this debt back, because many people have died, having been foreclosed on for a debt that they didn't owe.

Again, as I have said in the past, the promissory note a borrower signs is a negotiable instrument. It's essentially money, like a check or money order. The borrower and the bank create new money together in the loan transaction. But the borrower is still consider to owe the money to the bank even though he has paid off his loan with the promissory note negotiable instrument.

It's all a trick to make the owners of the banks superrich beyond their wildest dreams.

As long as we have a fiat, cash system rather than a real value trading system, the banks will use this trick to rob us, legally.
Hmm, I guess this is the reason why the government allows tax-free for every loan acquired by billionaires and millionaires because it allows them to print more money. However, this is causing inflation and it only makes the rich richer while the poor are getting poorer.
Having said that, the US sanction does weaken the dollar although maybe planned by the Chinese and the Russian government which later woke up some countries from the middle east, Africa and Asia.
legendary
Activity: 3906
Merit: 1373
I've always thought that US sanctions were designed to weaken the US economy and destroy the dollar. That is the only way they can get out of their massive debt crisis.

There isn't any debt. The only debt that there is, is in the minds of those who believe there is a debt. The so-called debt is creations of new money. Google "Tom Schauf bank freedom."

The reason why world leaders - the REAL leaders - are collapsing the money system is, the people are finding out the truth about how fiat is creations of new money, and not debt. This knowledge will take control from these leaders, and bring freedom to the people. Can't have that. It's taken to long to get this far with enslaving the world.

Cool

EDIT: The REAL debt is what the banking system owes the people for making them repay their debts at least twice. The banks can never pay some of this debt back, because many people have died, having been foreclosed on for a debt that they didn't owe.

Again, as I have said in the past, the promissory note a borrower signs is a negotiable instrument. It's essentially money, like a check or money order. The borrower and the bank create new money together in the loan transaction. But the borrower is still consider to owe the money to the bank even though he has paid off his loan with the promissory note negotiable instrument.

It's all a trick to make the owners of the banks superrich beyond their wildest dreams.

As long as we have a fiat, cash system rather than a real value trading system, the banks will use this trick to rob us, legally.
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
I've always thought that US sanctions were designed to weaken the US economy and destroy the dollar. That is the only way they can get out of their massive debt crisis.
legendary
Activity: 3906
Merit: 1373
How Russia is surviving NATO-backed sanctions


Business as usual, but with a few more business partners than before.



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legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
why did you think Nato dislike Russia? Russia self sufficient country, they are contented with all they have. they never invaded any smaller county to steal resources. Russia is the giant of Europe if you ask me. with all the sanctions rebel against Russia they still surviving without asking from aid from any one. i think they are prepared for anything.

Russia does not invade small countries to steal their resources?I don't know what why you say that as isn't Russia trying to get the industrial area of Donbass and some other parts which will make them export their grain in much bigger quantities as the zones they are trying to annex illegally will just give them that,coming much better in the Azov sea.Also in the places they want to annex there is a huge amount of Lithium,which we all know how important is that now for the electric cars which are heavily being spot in European markets.
legendary
Activity: 2156
Merit: 1622
moreover sanction doesn't changes the mind of sanctioned regime, look at north korea, cuba, iran etc right now they are even getting worse instead of repenting, look at what is happening now, russia is uniting all the bad boys against the west, which is not a good thing

because it is the only way the leaders of criminal regimes have when the rest of the world isolates itself from them. After all, they will not go out to the citizens and say that it is because of war crimes. Propaganda goes all the way over the years and people start to believe the lies at some point.

why did you think Nato dislike Russia? Russia self sufficient country, they are contented with all they have. they never invaded any smaller county to steal resources. Russia is the giant of Europe if you ask me. with all the sanctions rebel against Russia they still surviving without asking from aid from any one. i think they are prepared for anything.


some sentences have a grain of truth, some are complete lies. It's hard to tell if it's sarcasm or ignorance.
sr. member
Activity: 1232
Merit: 379
why did you think Nato dislike Russia? Russia self sufficient country, they are contented with all they have. they never invaded any smaller county to steal resources. Russia is the giant of Europe if you ask me. with all the sanctions rebel against Russia they still surviving without asking from aid from any one. i think they are prepared for anything.
member
Activity: 96
Merit: 13
The Russian federation is one of the influential country on the face of the planet aside from United States, so for anyone to feel like they will crack under sanction is really mistaken, their smart policy making have kept their economy strong even in the face of tough sanction, moreover sanction doesn't changes the mind of sanctioned regime, look at north korea, cuba, iran etc right now they are even getting worse instead of repenting, look at what is happening now, russia is uniting all the bad boys against the west, which is not a good thing, I just hope our leaders make some wise decision so we won't end up experiencing a nuclear war.
legendary
Activity: 2156
Merit: 1622
I accept that western sanctions have created pockets of holes in Russia economy, it also have made Russia explore alternatives. Now, they have broaden their trade relationships with China and India, two of the most populated countries. These sanctions have created stronger bond between BRICS counties with new members queuing to join the alliance. These sanctions would come and go, and the only country that got deceived was Ukraine.

If a grocery store starts selling rotten eggs and loses 80% of its customers, it's not like the remaining 20% ​​will buy 5x more. They will buy what they bought before, unless much lower prices are offered. But then the only thing they will do is buy in stock and then they will not return to the store for a long time. that's how i see your comment. It's not like russia will switch to china and india overnight. These are decades of building supply chains.
decades during which the standard of living of the average Russian will go back 50-100 years.

if it was so easy to sell 3x more to china and india ... why have these opportunities not been used before?


https://www.statista.com/statistics/1100708/russia-leading-foreign-trade-partners-by-volume/

All in red are US allies. (368B out of 559B - 65%)

The US have being weaponizing the dollar for years, causing economies to collapse, and if not that Russia have a strong spine, it would found itself in a terrible state, maybe like Venezuela or Zimbabwe. But when and if BRICS finally come up with a rival  currency, the dollar will be devalued. Most African countries will definitely review their dollar trading policies in the coming months and years. Let's just pray for a peaceful world.

yes, for sure Smiley and the "State Sponsors of Terrorism" AKA Russia and its colleagues will definitely not weaponize its currency as soon as they have the opportunity, right? We can trust them, can't we?
jr. member
Activity: 55
Merit: 3
Name a measuring method which proves that "Russia is doing just fine".
It's called BRICS. You can ask the Russians how the measurement works. Brazil is the first letter of BRICS, and Russia is the second letter. Figure it out.

Ooh Lula La! Brazil Wants To Dedollarize Too

"and over 16% share in the world trade*." yep. only 16% ... including BRICS/nonBRICS countries trades settled in dollars. So non dollar trades are most likely below 10%. Nothing to be worry about so far.

Countries can try to dedollarize, but people will run to the dollar either way. Nobody wants Russian or Chinese currency. Countries where you can go to jail for saying something that goes against local propaganda.

The fact, that russia is part of BRICS (so far) is not a "measuring method" which proves that "Russia is doing just fine".

"Figure it out."


The US have being weaponizing the dollar for years, causing economies to collapse, and if not that Russia have a strong spine, it would found itself in a terrible state, maybe like Venezuela or Zimbabwe. But when and if BRICS finally come up with a rival  currency, the dollar will be devalued. Most African countries will definitely review their dollar trading policies in the coming months and years. Let's just pray for a peaceful world.
jr. member
Activity: 55
Merit: 3
you make one mistake in your reasoning that leads to completely wrong conclusions. You forget that such a large organism as a country with over 100 million citizens, with the largest area, based on strategically important raw materials, does not collapse in one day. These are the months/years during which little can be seen until the subcritical stage is reached, which is the beginning of rapid changes. So the fact that russia hasn't collapsed in 1 year is not proof that russia's economic isolation doesn't work.

What we already see:
1- the Russian currency has lost 30% against the dollar in the last 100 days
2- in the first three months of 2023, russia exceeded the budget deficit planned for the whole year
3- demographic problems caused by young people fleeing the country
4- rising tensions in some regions of Russia, which may result in a breakaway from Russia.

Why 2022 wasn't so bad for russians? Because of the inflationary panic and unrest related to the war that inflated the prices of raw materials in the short term, which increased the revenues to the budget. The temporary pump is over, raw materials are back down to the levels prior to the war, and the beginning of 2023 looks like the beginning of a disaster.
I accept that western sanctions have created pockets of holes in Russia economy, it also have made Russia explore alternatives. Now, they have broaden their trade relationships with China and India, two of the most populated countries. These sanctions have created stronger bond between BRICS counties with new members queuing to join the alliance. These sanctions would come and go, and the only country that got deceived was Ukraine.
legendary
Activity: 1022
Merit: 1091
It's interesting to see how Russia was able to withstand the heavy sanctions placed upon them, and how they had been taking steps to "sanctions-proof" their economy since 2014. It's clear that their ability to shift their focus and find alternative trading partners was a key factor in their resilience. It shows the importance of adaptability and resourcefulness, especially in times of economic hardship. Nonetheless, the ongoing SMO and continuing sanctions have undoubtedly had a significant impact on both the Russian economy and its citizens.

Just as Russia underestimated the military might of Ukraine and its partners, NATO underestimated the economic power of Russia. There were predictions by notable Western economists that the Russian economy will collapse after a few months of these coordinated sanctions. But these predictions failed because Russia has prepared for this invasion for many years. Russia successfully diversified its trade partnership before the invasion.

Russia currently wields enormous influence in many Asian and African countries. Kremlin has successfully joined forces with nations that are not pleased with the influence of the US. Countries like Syria, the  Democratic Republic of Congo, Sudan, Mali, and the Central African Republic (CAR) are all under the control of Russia through Wagner. These African nations are rich in precious stones such as diamonds and gold and Russia is using these resources to sustain its economy.

Russians have also contributed to the economic prosperity of Russia. Many of them have successfully taken over businesses that were affected by these Western sanctions. And most of these abandoned businesses have been successfully run by Russians and their quality products are competing favorably with Western brands. And Russian have embraced locally produced goods and services.
legendary
Activity: 2156
Merit: 1622
Again, you can't come up with an accurate measurement by using the standard USD world measuring system. It's focused on the way the USD system does things.

Fair point. So show me a Russian style measuring system that shows that "everything is fine".

The new system is rising, while the old one is failing. The failure might not be seen among the common people, yet, but it is the movement of things that are coming.

US is 500 year old. Russia is 1200, China more than 5000 years. It is not the west that is the failing old system. It is totalitarian, communist countries that are collapsing, and temporarily, due to local propaganda, their citizens think otherwise.
The BRICS is trying to get the dollar out of international transactions, but people will choose the dollar anyway. Even if the BRICS bases its currency on gold. No one will trust that these reserves exist and will not be nationalized as soon as the need arises. No one wants to own currency associated with "terrorist sponsorship country".
legendary
Activity: 2366
Merit: 1624
Do not die for Putin
Name a measuring method which proves that "Russia is doing just fine".
Here is an interesting article in the Washington Post about this. Its essence is that more than 90% of Western sanctions against Russia are a fiction. It seems that few Western companies want to lose the Russian market, even declaring the opposite in words. Maybe that's why the effectiveness of sanctions is so low?

There is no problem selling coffee to the RF citizens, nor even providing consulting. That is absolutely fine.
At least now you understand why people in Russia don't take to the streets to overthrow Putin. Very little has changed in their daily lives since the start of the special operation in Ukraine.

Now, try to find the technology you need to produce modern means of fighting and modern means of production and you will know why there are T-55s in the frontlines. What is next? T-34s?

The RF economy is unlikely to collapse big time like a super-nova style explosion. But the erosion is there, as it happened with the USSR: the young and prepared leave, the citizens have to be forced into conscription, growth is stagnant for a BRIC country...

But what is more, things are unlikely to go back to where they were. Putin's war of aggression has permanently damaged RF stance in the world.
I do not think that Russia has any serious problems with the production of modern types of weapons. I don’t know where you got this story about the T-55 from, but this is hardly a mass case, perhaps a single episode, or even a fabrication of Ukrainian propaganda. The Nizhny Tagil UralVagonZavod alone produces several thousand armored vehicles a year, including hundreds of T72B3 and T90M main battle tanks. This is several times more than the entire united West can transfer to Ukraine without compromising its own combat readiness.

False information. The RF is unable to produce "several thousands" of any type of tank, not even 500 per year! On top, lacks the components that make all the difference in the battlefield. You can even produce a T-90, but without the controlling system, good quality night vision and proper support from high-tech requiring combined weapons warfare it means nothing.

https://www.forbes.com/sites/davidaxe/2023/02/17/the-russian-army-could-run-out-of-tanks-in-a-few-years-what-happens-then/

https://www.businessinsider.com/russia-demand-tanks-outstrips-production-by-factor-of-10-report-2023?r=US&IR=T#:~:text=In%



Daily life has not changed, except for those forcibly mobilised and the thousand of dead RF citizens that died for nothing in a foreign soil, the hundreds of thousands prepared Russians that left the country to avoid the draft, and the mothers of all the dead young and unprepared conscripts.

Winter is coming.

Quote
Russia has just one tank factory, which can produce around 20 new tanks every month.
Demand for tanks is now outstripping production by a factor of ten, according to The Economist.
Russia is losing around 150 tanks a month in Ukraine, and is becoming reliant on refurbished vehicles.

Quote
It’s a matter of intensive debate just how many recoverable tanks Russia has in storage. Novaya Gazeta estimated there are 8,000 “preserved” tanks. But one open-source analyst counted 10,000 T-72s, T-80 and T-90s in the war reserve.

The problem is, most of those tanks are lined up tread-to-tread in outdoor parks, where they’ve been exposed to rain and cycles of cold and hot that have rusted metal, rotted rubber and degraded sensitive optics.

The open-source analyst assumed just a third of the 6,900 stored T-72s are recoverable. Maybe half the 3,000 T-80s realistically can be restored. There also are a couple hundred new-ish T-90s in storage, most of which should be in reasonably good condition.

So in fact, Russia might have as few as 3,800 repairable tanks in reserve. A Russian source told Novaya Gazeta that Uralvagonzavod and Siberia-based Omsktransmash can restore 600 old tanks a year on top of the 250 new T-72s and T-90s Uralvagonzavod can build.
legendary
Activity: 3906
Merit: 1373
Name a measuring method which proves that "Russia is doing just fine".
It's called BRICS. You can ask the Russians how the measurement works. Brazil is the first letter of BRICS, and Russia is the second letter. Figure it out.

Ooh Lula La! Brazil Wants To Dedollarize Too

"and over 16% share in the world trade*." yep. only 16% ... including BRICS/nonBRICS countries trades settled in dollars. So non dollar trades are most likely below 10%. Nothing to be worry about so far.

Countries can try to dedollarize, but people will run to the dollar either way. Nobody wants Russian or Chinese currency. Countries where you can go to jail for saying something that goes against local propaganda.

The fact, that russia is part of BRICS (so far) is not a "measuring method" which proves that "Russia is doing just fine".

"Figure it out."



Again, you can't come up with an accurate measurement by using the standard USD world measuring system. It's focused on the way the USD system does things.

The Foreign Currency Exchange (Forex) trades in the range of $5 trillion dollars a day. Bitcoin and BRICS are almost nothing when compared with the Forex. But Bitcoin isn't even 15 years old, and BRICS is barely older... and already they have a market share that scares the standard system.

The new system is rising, while the old one is failing. The failure might not be seen among the common people, yet, but it is the movement of things that are coming.

Cool
legendary
Activity: 2156
Merit: 1622
Name a measuring method which proves that "Russia is doing just fine".
It's called BRICS. You can ask the Russians how the measurement works. Brazil is the first letter of BRICS, and Russia is the second letter. Figure it out.

Ooh Lula La! Brazil Wants To Dedollarize Too

"and over 16% share in the world trade*." yep. only 16% ... including BRICS/nonBRICS countries trades settled in dollars. So non dollar trades are most likely below 10%. Nothing to be worry about so far.

Countries can try to dedollarize, but people will run to the dollar either way. Nobody wants Russian or Chinese currency. Countries where you can go to jail for saying something that goes against local propaganda.

The fact, that russia is part of BRICS (so far) is not a "measuring method" which proves that "Russia is doing just fine".

"Figure it out."

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