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Topic: Ukraine Invasion: Will Sanctions Alone Stop Russia? - page 2. (Read 294 times)

sr. member
Activity: 1470
Merit: 325
The effect of the sanctions on Russia has started hitting its economy hard. The Russian ruble has lost 30% of its value trading at 100 to the dollar. Economists has warned that Russian economy could shrink by 5%.

But Putin has shown no sign of slowing down the invasion. His response was placing nuclear deterrent forces on high alert and continuing missile attack on key Ukrainian cities. It has also being rumored that Belarus can now be a base for nuclear weapons and its troops can invade Ukraine at anytime.

Putin's actions is showing the Russia is economically fortified or Russia is important to NATO and its Allies economically.

Do you think sanctions alone can stop Putin?    



whats going on with you folks why can't you just seperate ukraine from Zelinsky and his corrupt leadership?
legendary
Activity: 3066
Merit: 1049
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It depends on how extreme the sanctions would be an who would not be following it. There's also going to be a delay before the effects become visible and I don't think the EU is gonna outright sanction all resources out of Russia. Are they seriously gonna cut off the gas while in winter?

We already know China has announced it would trade with Russia normally, I'd like to know if India is also going to follow this stance since this whole conflict don't threaten it (and it got nukes, just in case).

they better work each other now. the 3 as trading partners i think will already suffice. Chinese will eat just about anything even the caviars, i dont know if Indians would like it.  i truly believe Moody hates US and much as he hates UK and all others in EU for colonizing India. and India today is much of a bigger economy as well. but India also hates China.
legendary
Activity: 2688
Merit: 1468
Do you think sanctions alone can stop Putin?    

Nope. Putin already knew these would happen and he decided to invade Ukraine anyway, which means he don't care about any sanctions, boycotts or whatever the west is going to throw at him. Russia is a superpower and superpowers get what they want. The US is also a superpower.

In the end, Russia will get what they want or they will be no more.

"Everyone has a plan until they get punched in the mouth.” - Mike Tyson
legendary
Activity: 3052
Merit: 2313
Do you think sanctions alone can stop Putin?    

Nope. Putin already knew these would happen and he decided to invade Ukraine anyway, which means he don't care about any sanctions, boycotts or whatever the west is going to throw at him. Russia is a superpower and superpowers get what they want. The US is also a superpower.

In the end, Russia will get what they want or they will be no more.
sr. member
Activity: 1036
Merit: 279
It depends on how extreme the sanctions would be an who would not be following it. There's also going to be a delay before the effects become visible and I don't think the EU is gonna outright sanction all resources out of Russia. Are they seriously gonna cut off the gas while in winter?

We already know China has announced it would trade with Russia normally, I'd like to know if India is also going to follow this stance since this whole conflict don't threaten it (and it got nukes, just in case).
legendary
Activity: 2744
Merit: 1512
It depends on what those sanctions are and it's a dangerous balancing act. Clearly the Russian economy is in shambles but Putin isn't the one that faces the consequences, his citizens do. Why bother with sanctions? The risk/reward calculation - Economically isolate Russia and hope they can bend the knee and waive their army off of Ukraine. Any future Russian aggression is deterred and so less pressure on Eastern European countries of an invasion or geopolitical tension. But consider what sanctions actually do to the countries imposing these economic restrictions. Well, USD is really the only asset that should be analyzed here because the US economy is the largest, so whatever other countries decide to do will have a limited effect.

https://www.cnbc.com/2021/06/03/russia-to-remove-dollar-assets-from-national-wealth-fund.html

Key points are as follows: Over 186 billion USD was cut from the Russian National Wealth Fund; Yuan is expected to compose 30 percent of assets. Russia and China have been circumventing SWIFT through their own financial intermediaries.

Russia was planning economic isolation from USD for a long time to avoid sanctions by reducing their USD asset holdings from the National Wealth Fund. They accomplish this by swapping out USD for Yuan in their reserves and also reducing the USD output of Russia/China trading. Under normal circumstances, Russia/China transactions would usually be conducted with USD because it works as the best universal currency (accepted everywhere by major banks, low inflation at the time, and sustainable - backed by a powerful government).

Now, USD no longer has any feasibility and sanctions will accelerate the abandonment of USD. When you begin attach politics to the currency, it encourages other avenues. USD inflation is high, and the freezing of Russian assets affiliated with USD sends a message to any holders of USD that their assets can be frozen instantaneously.

Anyways, sanctions seem to be working since Ruble's value continues to drop, but Russia still has taken steps to free themselves of US sanctions, so after it a while it can backfire. And really, it accelerates adoption of something like Bitcoin which are immune to asset freezes. Time will tell if it will stop Putin but my guess is it won't. He is willing to throw his citizens under the bus because he is aging and wants to accomplish something before he departs into irrelevancy.
full member
Activity: 548
Merit: 107

Wouldn't this sanction also force Putin to loot the wealth of Ukraine? If they are losing money because of the sanction, there is a motivation for Putin to also just raid and make money out of it after all there is money to be made. So far there was no report of it yet in the media.

On the crypto side of the story, BTC and altcoins are rising and if Russians already have BTC and altcoins, that means they are making money.
Yet there's no news Putin's military loot the wealth of Ukraine, but who knows real hazards yet to come!
Putin clearly has his contingency plans, we've to wait more until things execute. Whether or not sanctions stop Russia, yet a few troubles currently here. Russia has shut its stock trade market to prevent further fall of Ruble. It's a sign that Russian central back take will all the essential move in order to prevent their economy. Safe Ruble from free falling matter most. But, Russian might be started convert their Ruble into BTC and alts in the course of time.
hero member
Activity: 2870
Merit: 612

Wouldn't this sanction also force Putin to loot the wealth of Ukraine? If they are losing money because of the sanction, there is a motivation for Putin to also just raid and make money out of it after all there is money to be made. So far there was no report of it yet in the media.

On the crypto side of the story, BTC and altcoins are rising and if Russians already have BTC and altcoins, that means they are making money.
member
Activity: 361
Merit: 10
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The effect of the sanctions on Russia has started hitting its economy hard. The Russian ruble has lost 30% of its value trading at 100 to the dollar. Economists has warned that Russian economy could shrink by 5%.

Do you think sanctions alone can stop Putin?    




Sanctions alone are not enough to stop Russia's invasion of Ukraine. I know that this is a fairly complex issue, but if we look at the broad outline of the Russian invasion, it cannot be tolerated. This issue should be brought to the UN general assembly and vote on Russia and what should be imposed on them and also the President of Ukraine should cancel his intention to join NATO or the European Union.

legendary
Activity: 1246
Merit: 1071
Do you think sanctions alone can stop Putin?    
Well, we can't say for sure... sanctions can be effective but not always certain to work. For a country as huge as Russia, with a very strong economy prior to this invasion, they only knew when they were going to attack, so there is a possibility that they may have made preparations for worst case scenarios as these sanctions. The best answer to this is that in a couple of days we will know if the sanctions are working.
legendary
Activity: 2688
Merit: 1468
The effect of the sanctions on Russia has started hitting its economy hard. The Russian ruble has lost 30% of its value trading at 100 to the dollar. Economists has warned that Russian economy could shrink by 5%.

But Putin has shown no sign of slowing down the invasion. His response was placing nuclear deterrent forces on high alert and continuing missile attack on key Ukrainian cities. It has also being rumored that Belarus can now be a base for nuclear weapons and its troops can invade Ukraine at anytime.

Putin's actions is showing the Russia is economically fortified or Russia is important to NATO and its Allies economically.

Do you think sanctions alone can stop Putin?    

The current sanctions are ineffective as long as Germany is buying gas and the US is buying oil, the impact will be minimal.

If they seized all Russian state and personal assets abroad and stopped ALL trade with Russia, closed airspace to Russian planes,
and closed all borders to Russians, this conflict would stop in days.

The US (Biden) has the power to end this conflict but it chose not to act.
legendary
Activity: 826
Merit: 1004
The effect of the sanctions on Russia has started hitting its economy hard. The Russian ruble has lost 30% of its value trading at 100 to the dollar. Economists has warned that Russian economy could shrink by 5%.

But Putin has shown no sign of slowing down the invasion. His response was placing nuclear deterrent forces on high alert and continuing missile attack on key Ukrainian cities. It has also being rumored that Belarus can now be a base for nuclear weapons and its troops can invade Ukraine at anytime.

Putin's actions is showing the Russia is economically fortified or Russia is important to NATO and its Allies economically.

Do you think sanctions alone can stop Putin?    

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