Topic: USA will also suffer. (Read 307 times)

Even of Russia would want to pay back USA by not doing business with them, I think USA will still sort themselves out. The USA don't care of Russia will pay back, the USA can't sit down and fold their hands to allow the Russia to take action like this . USA will sort it out but other countries may suffer it too.

You a point about Ukraine being the most affected side and my belief is that the pandemic has thought the leader about the huge solution that peace can bring because if the political difference was put aside when the covid-19 started in Wuhan then the world economy won't be affected this huge by the inflation.
Having said that, It is good that there are talks going on now between Russian and Ukrainian officials.
I hope it is the end of the war though.

This is interesting, I didn't know that US imports it's uranium from Russia, Moreover, you are right US does produce around 19% of it's electricity from Nuclear sources which means once the uranium reserves of US dry up it has to looked up to some country to import the same. But I think two biggest producers Canada and the Australia are great allies of US, they would be more than willing to export them the same and cancel contracts of other countries just in case this sort of situation arises, so technically US might not find itself in that bad of a situation if Russian company denies to export the same.

I think Ukraine are suffering the most, having to deal with constant bombardment and destruction of their country which will take years to build again, and also having to deal with the same inflation and even far more worse of it than what the rest of the world is currently facing, i know post-war Ukraine is going to receive quite a lot of aids to assist them in the rebuilding process, but it still would not be easy and would take as long as possible.

Another thing we must even understand is that prior to this war, inflation was already a huge problem, caused as a result of measures taken to combat the pandemic, fast-forward to now, and this war is now making things a whole lot worse with all of this sanctions, honestly the west would likewise bear the brunt of this sanctions, but it is a sacrifice they are taking to force Putin to bring an end to all of this, the more this goes on, the longer the uncertainty lingers.

I think you guys are missing one thing here the USA will suffer and so is Russia, Ukraine, and the rest of the world since Russia is the world's huge exporter of wheat, control 8% of the world's global supply of oil (if i can remember correctly) and also export coal, aluminum, steel, palladium, nickel, etc.
Aside from their mineral resource, war is never a good decision cause it will affect all.

Yeah just of the news about Maduro saying he'll sell US some oil. What I don't understand is why the current administration refuse to do start pumping again, even if just for the short term till the conflict resolves. No wonder there are conspiracy theories going around that there were some groups who really intend to plunge the US into an economic disaster.

They could reopen the oil drills they've closed down and don't have to wait for a year or two to fill the oil demand in the US alone. Or they could go Venezuela right as what the news is saying. Option 1 will be a better option for them and not depend on some other countries. The US has Uranium reserves too, be it enough to last in this economic crisis, they should start extracting it to support their energy.

The financial analyst predicted if they can still bail out banks and businesses this time.  If not then there really is the need for war to fight for resources and maintain as world leader.

US have the option to pump out more oil (which Biden refuse to do). I'm not sure if that is enough to cover losing access to nuclear plants but America is in a far better situation than say, Japan which import a lot of oil.

The Western world is going to suffer from these sanctions (Europe and USA), oil prices were already high enough, however, after Putin's invasion in Ukraine, they have skyrocketed, after imposing severe sanctions. 30% of Europe's oil supplies are imported from Russia, it might take years to replace this production from other suppliers.

the sad truth here is some govt officials don't care much about inflation and other things, because they can still live affluently despite the sufferings around them. the people on the lower bracket are the ones experiencing this inflation. but for the higher level of society or these officials, they don't care much about rising prices, because they can still afford to live the same lifestyle.
they will only seemingly care for its people when election is up and coming. trying to put an image as pro-people. sadly.

I think the suffering can best be measured by inflation, as I alluded to in my last post on this thread.  The United States is seeing inflation levels we typically witness in third world countries right now.  One of the worst inflation rates of any country in the world even...  When you dig further into the data, you can see that things like the increase in housing prices only reflect about 25% of the actual increase.  They have housing inflation coming in below 5%, when in reality it is over 18%.  Their gasoline measurement was also taken before the largest run up in recorded history.  That means if we don't see a recession nearly immediately, next quarter's numbers are going to be insane.  Currently they're saying inflation is at 7.9%, but I think in reality it is much closer to 20%.  I also think next quarter it will be harder to hide that truth, and we may see an official inflation rate in the double digits.  This is unimaginable for me.  It shows that the people on the top are losing control and now trying to punish the rich by punishing everyone.  Only problem is, the rich are better positioned to profit from this inflation and the lower class that the Biden administration so coveted during voting season is going to be in for a rough road ahead. 

Can you see why Federal Chairman were quitting over Biden's policy moves while ignoring their guidance yet? 

The US are known for 'nation building' and igniting proxy wars. Apparently modern patriotism means prolonging a bloody war in Ukraine, until millions are either dead or refugees. We've seen it before, look at Iraq. That's true patriotism. And if you dare to speak up and disagree with what the US Government are doing, you're labelled as 'Pro-Putin'.

Yes, USA will suffer because he supported Ukraine by military and weapons and also supported Russia by buying their oil. USA now becomes ( "Judah who betrayed Jesus") betrayer to Ukraine.

USA is also trying to protect their national economy

I could almost say the same for my country and each time, they come up with silly and unbelievable excuses. One of the most recent excuse from these politicians in my nation was "they didn't see it coming/lack of foresight". I wonder, what are they occupying the office of the various ministries for? How are these persons selected to lead us and handle decisions that would determine how we live by the day!
On one account, the president of my nation when questioned about a subsidy situation simply replied "He wasn't aware there was a subsidy program". Then I begin to ask myself; does this person never reads its own news? Either on paper, mobile or televised?
The funny thing is, they never care to follow up on the cases. It just ends at the excuse and up to the next agenda!

That's what I'm thinking right now because if Russia will suffer from the current sanctions, their economy will surely crash and there will be no doubt of severe hunger in their country because of lack of food supplies just like what happened to North Korea where they been cut off from getting food supplies since the Soviet Union is no more. Now if we think, carefully, there are two possible answers, whether they already planned it, or Putin already has all the necessary alternatives to counter the sanctions so we still see that Russia is not bothered by the western sanctions.

Don't forget that on how Uncle Sam was able to stand up until now and become a superpower in the world. Nothing will be difficult for them. They can use their alliances and other means to obtain alternative uranium resources. The thing to worry about is Russia because in the next few years it is certain that their economy will decline sharply.

Not just the United states, many other countries as well will be affected by the crisis between Russia and Ukraine. Russia  is such a major player in the world economy in terms of power. Putin knows this as well as other countries so it's an advantage to him in this war. We don't want the war to escalate so the effect doesn't become global because war has the ability to have a global effect.

they know they will suffer, but the point in this decision to sanction russia is to make russia suffer and reduce her power so that in the future russia will no longer be a problem, this is a good chance to weaken russia and the US knows this and they will take advantage of this even if it costs them a little to lose in this process, because russia seems to want to fight with everyone and this is not something that everyone should tolerate, that's why there are so many sanctions and it won't stop there from what I see, because putin is crazy and not thinking about russians and the rest of the world, he is obsessed with wanting to show that he is the greatest in the world

How roughly old are you? I'm in my mid-thirties. The closest I've ever seen this kind of inflation was right before and after the 2008 financial crisis. Everything shot up sky high due to the "markets" then people started to lose their jobs and become poorer. Suddenly, prices went down slightly for commodities. The reason? Because people and businesses needed money any amount of money for their goods/services to be purchased by consumers. The other reason is that the inflated US money supply was exported via bonds from Quantitative Easing. However, the FED created a monster in doing this. They just kept printing money but with the whole COVID pandemic it reached levels not seen before so this is why I've been calling the USD "FED stamps" because it will continue to lose value but now at a unforeseen rate even by myself. I had a small amount of faith that the USD won't be inflated to these levels till I was an old man. However, our incompetent government at work again has fucked me over once again. I'm so glad I got into metals and now BTC when I lost my old job back in the day then bounced back in many way so this I am thankful for: My own foresight.

umm...right. Everything is there because it serves some people's business. All we see in media and social media is at the tip of the ice burg. A mountain of nasty stuff and the secret deal being made behind the scene will eventually be out one day when someone like Julian Assange leak them for the public. All those social elites do their nasty stuff and we middle class and poor people suffer.