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Topic: What economic sanctions will US impose on Russia - page 3. (Read 648 times)

legendary
Activity: 3458
Merit: 6948
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Now that Russia has invaded Ukraine, things are going to get worse.
You got that right, and its effects are going to be global--the extent remains to be seen, and it depends on how far this situation escalates.  I still can't figure out why Putin is doing this.  I'm fairly ignorant of global politics and never really followed what was going on in the world, but everything I've read about Putin or seen from Youtube clips about him has been relatively positive....and then he goes and does this, something much worse than the leaders of countries that the US has invaded in the past (I'm talking about Iraq and wherever else we've pointed our military force at).  This is just fucking baffling.

As far as sanctions go, I don't have a clue.  Nor do I know what the repercussions of those sanctions will be, but I can't imagine they'll make Putin happy. 

When I think about this whole mess, I can't help but wonder if Russia is ever going to stop being the Evil Empire that Reagan said they were back in the 1980s.
full member
Activity: 2352
Merit: 245
They will kick them out of SWIFT and stop there probably. The thing is the US can't do more. Biden already said that they are not going to send troops to Ukraine to fight Russia if Russia invades Ukraine.

You can't do much against a nuclear force as long as they don't threaten you directly. Getting kicked out of SWIFT would benefit Russia more in the end ironically because the USD will lose another customer.
The United States, Europe and other countries have already imposed serious economic sanctions against the Putin regime and against Russia in general. Including Russia was forbidden to make payments in dollars, euros, yen, pounds. The banking system will largely be paralyzed without being disconnected from SWIFT, although this possibility is still under discussion. So far, such a shutdown is opposed by Germany, Hungary, Italy and Cyprus.
In addition, it is predicted that by the time Russia sets up its internal payment system, it will already be bankrupt.
Now there is information that China refuses to buy oil from Russia because of the uncertainty with payments and delivery of oil. In connection with the adopted sanctions, this also awaits Russia for all other goods. Gas and oil, on the contrary, may fall in price.

Russia will probably build its own financial system independent of SWIFT. As long as it has its own reserves of Gold and other scarce commodities/assets, sanctions will have little to no impact over the Russian economy. By stripping Russia out of the SWIFT system, the USD will continue to lose traction as the world's reserve currency. I have a feeling countries will begin to separate themselves from the US Dollar slowly as time goes by. All of these actions will directly affect the American economy in ways that were never imagined before.

Now that Russia has invaded Ukraine, things are going to get worse. Oil prices will rise, leading to a huge blow over the global economy. Russia is one of the major producers of oil, so it doesn't have to worry about this. Who knows what will happen in the next days with rising tensions between the West and Russia? Just my opinion Smiley
The United States, Europe and other countries have already imposed serious economic sanctions against the Putin regime and against Russia in general. Including Russia was forbidden to make payments in dollars, euros, yen, pounds. The banking system will largely be paralyzed without being disconnected from SWIFT, although this possibility is still under discussion. So far, such a shutdown is opposed by Germany, Hungary, Italy and Cyprus.
In addition, it is predicted that by the time Russia sets up its internal payment system, it will already be bankrupt.
Now there is information that China refuses to buy oil from Russia because of the uncertainty with payments and delivery of oil. In connection with the adopted sanctions, this also awaits Russia for all other goods. Gas and oil, on the contrary, may fall in price.
member
Activity: 790
Merit: 44
The war is going on, casualties are falling from the ukraine side, I see to this day America does not dare to impose economic sanctions on Russia, UN says for the sake of humanity and conscience, please stop war and withdraw troops from ukraine, says UN chief.

It seems America doesn't dare to impose sanctions on Russia, because they are both countries that like to interfere in other countries' affairs, equally strong.
hero member
Activity: 2828
Merit: 611
Why do you think that the USSR fell? Do you think that they woke up one morning and decided that, after all these decades and millions of dead communism was not such a great idea after all? My answer is no, the USSR fell due to the mismanagement of the economy and the strangling of the production of energy and basic goods.

Economy is not as spectacular as dropping bombs and invading with tanks, but make not mistake, it is a tool that can be as lethal as a gun.
USSR "died" because people at the top realized that they could do a democratic change while still keeping the power. Yeltsin may not be as bad as Putin but he was still a dictator that managed to control the nation and put them in many wars (look at all the wars Russia was in during 90's) and when his time was up Putin took over and for the past 20+ years he has been ruling it as well. So, technically speaking USSR didn't really disbanded, they just made it look like it was disbanded and instead put dictators with fake elections at the top. Only thing that seem to change was the number of nations under one flag, and that looks like getting lesser with each war.
legendary
Activity: 3220
Merit: 1363
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They will kick them out of SWIFT and stop there probably. The thing is the US can't do more. Biden already said that they are not going to send troops to Ukraine to fight Russia if Russia invades Ukraine.

You can't do much against a nuclear force as long as they don't threaten you directly. Getting kicked out of SWIFT would benefit Russia more in the end ironically because the USD will lose another customer.

Russia will probably build its own financial system independent of SWIFT. As long as it has its own reserves of Gold and other scarce commodities/assets, sanctions will have little to no impact over the Russian economy. By stripping Russia out of the SWIFT system, the USD will continue to lose traction as the world's reserve currency. I have a feeling countries will begin to separate themselves from the US Dollar slowly as time goes by. All of these actions will directly affect the American economy in ways that were never imagined before.

Now that Russia has invaded Ukraine, things are going to get worse. Oil prices will rise, leading to a huge blow over the global economy. Russia is one of the major producers of oil, so it doesn't have to worry about this. Who knows what will happen in the next days with rising tensions between the West and Russia? Just my opinion Smiley
legendary
Activity: 2310
Merit: 1598
Do not die for Putin
Why do you think that the USSR fell? Do you think that they woke up one morning and decided that, after all these decades and millions of dead communism was not such a great idea after all? My answer is no, the USSR fell due to the mismanagement of the economy and the strangling of the production of energy and basic goods.

Economy is not as spectacular as dropping bombs and invading with tanks, but make not mistake, it is a tool that can be as lethal as a gun.
hero member
Activity: 3122
Merit: 672
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Maybe the sanction given to other country is not heavy because they why can they still live normally? is USA that powerful enough? Because, why can they give such sanction to every country but I don't think that USA can make Russia poor. It is not easy as that because Russian country is large and this country is also a well developed country.

If it is about bank problems, they can use bitcoin for a while. Bitcoin has no restriction and they are free to use it for sending and receiving money but I really think they shouldn't sanction Russia if they will evade the attack but rather they should sanction Ukraine because they are the ones that want the war to continue as they keep on attacking.
USA could be a question mark, but Europe is very very important. Why? Because they are getting a decent amount of gas from Russia and Russia needs to sell some of that gas to Europe to make money. They could keep selling it to others but suddenly zero to Europe would mean a lot of money lost as well. Plus, Russians buy a lot of stuff from Europe, but Europe also gets a lot of "cheap" stuff from Russia as well, that would be a problem.

On top of that there are tons of super wealthy Russians that made their money illegally, and then used that money in other European nations and even in the USA, so freezing those assets would be horrible for them as well since those super wealthy criminals are the ones that pay for these big politicians. All in all when you combine the USA and Europe, you end up with getting something huge in number and that matters a lot for Russian big names.
full member
Activity: 2352
Merit: 245
The US authority is collecting a list of measures, this is what we can define it sanction to impose and a normal procedure to force and an ordinary methodology to prevent Russia from attacking Ukraine. I doubt Putin will care, if he is determined to invade. He won't care about bloodshed nor any financial difficulties. I think invasion isn't well for any country. Putin should avoid any fight. We should stand up, stop all this pointless sanctions, and start normal dialogue more preferred choice over militarization.
Putin initially thought it would be easy for him to conquer the rest of Ukraine, much as it was relatively easy for him to do so in 2014. But here he miscalculated. Ukraine and its army has already become stronger. In addition, he did not think that this time the reaction of the world to aggressive military actions against Ukraine would be so one-sided and decisive. This time, the countries of Europe realized that Putin would not stop in Ukraine and the self-preservation instinct worked. Putin, by his actions, drove Russia into a dead end, and in order to save his face, he decided to recognize the LPR and the DPR, and also sent troops there.
With this, he played well with Ukraine, since everything fell into place and Putin’s aggressive actions and intentions are no longer in doubt. Therefore, Putin and Russia will fail anyway.
legendary
Activity: 2996
Merit: 1188
It's sad to see how the behavior of developed countries is changing. War to punish poverty riots is not the way to create a better world. I don't support what the US and the west are doing, but seeing as many problems have existed after many wars, perhaps the beneficiaries we don't know will continue to manipulate everything. What the US did before through economic sanctions only created more hatred, and we are just small people who want the operators to have a peaceful solution. I put my faith in God, as well as love the Buddha, and look at it to build a good life.
I would guess that it is a bit more about politics then punishment. It is all nationalistic approach and getting some things done. Crimea was the same thing as well, there were a lot of Russian populated areas there, people were mainly Russian actually but the land belonged to Ukraine politically, Russia decided since Russians lived there, it should be liberated and they did it, and nobody did a thing about it. Since, Russia knew that it would be horrible if they kept pushing forever, Putin just enacted a plan to keep doing the same thing with just some time in between so it wouldn't look bad.

Now, they are doing it again. This probably either gains Putin votes (which he doesn't need since they are not fair elections) or it just makes him feel good about being a dictator or something. Basically, it is all bad and it all ties with Putin in the end.
hero member
Activity: 2408
Merit: 584
There are already many countries and people under sanctions by the USA and they are still living their lives without any problem so I don't think the sanctions by the USA is going to make Russia a poor country but this will definitely affect the situation in this country, about the economic sanctions as far sd I know about it there can be different levels of economic sanctions, they just suspend any financial deal between their bank and Russian banks, in this case, you may have problems while transferring your money to/from the USA from Russia and in some other cases they may suspend only transactions by the government and in this case, the government may have a problem while selling oil or their other products, however regardless of all these if they chose to use bitcoin they can bypass all these economic sanctions.
Maybe the sanction given to other country is not heavy because they why can they still live normally? is USA that powerful enough? Because, why can they give such sanction to every country but I don't think that USA can make Russia poor. It is not easy as that because Russian country is large and this country is also a well developed country.

If it is about bank problems, they can use bitcoin for a while. Bitcoin has no restriction and they are free to use it for sending and receiving money but I really think they shouldn't sanction Russia if they will evade the attack but rather they should sanction Ukraine because they are the ones that want the war to continue as they keep on attacking.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
The current tense situation has not opened any opportunities for cooperation in favor of acceptance between both the US and Russia.  They do not want to lose the ego of a leading economy in the world with modesty.  In the worst case, the US and its NaTo ally can set up a series of sanctions against Russia, in addition, it does not exclude the possibility that the US will isolate and exclude Russian banks, ban them from dealing with American banks, Americans for example.  Of course, this only leads to retaliation from Russia.  Geopolitics now only bring pain to the people, poverty comes with inflation
legendary
Activity: 3752
Merit: 1864
The sanctions will apply to:
1. Financial markets, in the first place - borrowing, and transactions with government shares of the Russian Federation.
2. Locked in the supply of high-tech solutions - chips, systems, microelectronics, etc. In this direction, Russia is 20 years behind, and without Western electronics, entire segments will stop, including the military-industrial complex and the space program.
3. And be sure to be locked up on the supply of equipment and technologies for the extraction of gas and oil - you will laugh, but Russia does not have its own, integrated technologies for the extraction of oil and gas. Russia owns only the technologies for extracting oil and gas at shallow depths, but these reserves have almost run out, and already "today" it is necessary to start developing new ones, with deeper deposits.
4. And of course, a ban on the supply of dual-use technologies.

An oil and gas embargo is unlikely to be introduced now - it is necessary to prepare the infrastructure to supply the part of the EU that depends on Russian gas. After that, an embargo is possible.

Above all the points that you have mentioned, I was thinking if Russia is alone in all of this but I know Russia was the leader of the USSR (Soviet Union) that existed around 1922-1991. Some of these countries and more will be aligns to Russia and they are still world powers. I also did this finding if they have friends below, China being one of the friends might just be waiting for a opportunity to do attacking against US



Russia enemies and friends



Let's divide into friends who will go to the end and support Russia, and those who do not say that "Russia is a criminal." Among the friends of the Russian Federation, 2 interesting countries are indicated - China and India.
Yes, it seems like China is making plans for world rule, does not like the West, the totalitarian regime. Everything is so, with the exception of one nuance - China is not idiots, to resist that part of the world that consumes most of the product of their economy, especially yesterday, Chinese Foreign Minister Wang Yi, during his speech at the Munich Conference, openly stated the need to respect and protect sovereignty, independence and territorial integrity of all countries. According to him, Ukraine is no exception to this principle. Those. China's position cannot be called partner and friendly towards the Russian Federation. The Russian Federation for China is a raw material appendage, but nothing more.
India - out of 100% of Indian exports, Russia occupies ... as much as 4%! Smiley In the structure of imports, Russia's place is below 12th place, with an indicator below 5%. At the same time, the USA is the leader in imports (2nd place) and exports (1st place).
Question ! Tell me - what is India's interest in supporting a terrorist country and breaking off relations with key importers-exporters of goods and services?
 
UPD 22/02/2022  Kazakhstan refused to support Russia and recognize the "independence" of obscure entities, the DNR/LNR. According to Kazakhstan, this process does not comply with international agreements. The crazy miserable copy of the Fuhrer has fewer and fewer friends Smiley
sr. member
Activity: 1057
Merit: 261
The US authority is collecting a list of measures, this is what we can define it sanction to impose and a normal procedure to force and an ordinary methodology to prevent Russia from attacking Ukraine. I doubt Putin will care, if he is determined to invade. He won't care about bloodshed nor any financial difficulties. I think invasion isn't well for any country. Putin should avoid any fight. We should stand up, stop all this pointless sanctions, and start normal dialogue more preferred choice over militarization.
sr. member
Activity: 1274
Merit: 293
Maybe an embargo on products that's going to help with their conquest will be the one that's US is going to use, but I don't think that US is going to do enough to hinder Russia's advance since Russia has China and other former Soviet countries as allies in their fight so I think that an economic sanctions from other countries are going to be that effective.
sr. member
Activity: 1316
Merit: 254
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It's sad to see how the behavior of developed countries is changing. War to punish poverty riots is not the way to create a better world. I don't support what the US and the west are doing, but seeing as many problems have existed after many wars, perhaps the beneficiaries we don't know will continue to manipulate everything. What the US did before through economic sanctions only created more hatred, and we are just small people who want the operators to have a peaceful solution. I put my faith in God, as well as love the Buddha, and look at it to build a good life.
full member
Activity: 2352
Merit: 245
Kamala Harris (US Vice President) making some statement on the Russia and Ukraine problem said US and her aligns will impose unprecedented economic sanction on Russia if they continue to evade or attack Ukraine. So I'm wondering what kind of unprecedented economic sanction can be given to Russia if they continue to evade Ukraine.
The US and European states did not want to disclose what measures would be taken if even a single Russian soldier openly set foot on the territory of Ukraine, so that Russia could not prepare for them. But gradually some of them began to open slightly. First of all, Russia will be cut off from the use of the dollar and the euro in financial transactions. The import of the main strategic goods for Russia will either be limited or completely banned. All assets of Russian citizens outside of Russia will be frozen, and confiscated for Putin and his entourage.

We should see these sanctions in the coming days. Yesterday, Putin recognized the existence of two independent republics on the territory of Ukraine, and already tonight he openly sent his troops and heavy military equipment there. Russian troops stood on the line of contact with the troops of Ukraine. This is open warfare.
legendary
Activity: 3752
Merit: 1864
You forget about the Russian "big brother" - CHINA. The fate of Russia, in fact, depends on the position of China. And if now China decides that it needs Russia, but as a donor of resources or territories, then tomorrow Russia will cease to exist and become a new region of the PRC. Stories about a "strong economy" and the same fabulous "strongest army" of Russia are a myth. The only real threat from the Russian Federation is the remnants of nuclear weapons, everything else is "wearing the clothes of the deceased grandfather", i.e. the USSR
You are forgetting that China is staying away from this war for now because of a reason. If they wanted to get involved then they would have already sent some help to Russia to show their help. However lets assume that they are not right now but they will in case of a sanction, even in that situation do you really think that China would get away with it, without a problem?

Obviously they are going to end up with a big problem because China sells all of the cheap manufactured things to nations with money, all those items are going to Europe and the USA, which means if you remove ALL of Europe and USA from Chinese companies then they won't make enough money and as a nation with 1+ billion people, they really need to handle all of this in order to continue living, even a small problem would equal to another 20+ million people dead famine as well.

https://news.cgtn.com/news/2022-02-19/Wang-Yi-attends-Munich-Security-Conference-via-video-link-17MCPuu6eti/index.html

China has officially confirmed that China supports the territorial integrity of countries in Europe, including Ukraine. And this is not at all a friendly position towards the Russian Federation. Although the Russian Federation has always "boasted" at all corners of its "strong friendship with the fraternal Chinese people." China is smart, China will not support a terrorist state, and will not shove against international laws.
PS. After Putin's speech, the Russian economy, for 1.5. hours lost 1 trillion rubles! This has not yet been imposed sanctions, and Western leaders have not made statements Smiley
legendary
Activity: 2338
Merit: 1124
You forget about the Russian "big brother" - CHINA. The fate of Russia, in fact, depends on the position of China. And if now China decides that it needs Russia, but as a donor of resources or territories, then tomorrow Russia will cease to exist and become a new region of the PRC. Stories about a "strong economy" and the same fabulous "strongest army" of Russia are a myth. The only real threat from the Russian Federation is the remnants of nuclear weapons, everything else is "wearing the clothes of the deceased grandfather", i.e. the USSR
You are forgetting that China is staying away from this war for now because of a reason. If they wanted to get involved then they would have already sent some help to Russia to show their help. However lets assume that they are not right now but they will in case of a sanction, even in that situation do you really think that China would get away with it, without a problem?

Obviously they are going to end up with a big problem because China sells all of the cheap manufactured things to nations with money, all those items are going to Europe and the USA, which means if you remove ALL of Europe and USA from Chinese companies then they won't make enough money and as a nation with 1+ billion people, they really need to handle all of this in order to continue living, even a small problem would equal to another 20+ million people dead famine as well.
hero member
Activity: 1694
Merit: 722
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There are already many countries and people under sanctions by the USA and they are still living their lives without any problem so I don't think the sanctions by the USA is going to make Russia a poor country but this will definitely affect the situation in this country, about the economic sanctions as far sd I know about it there can be different levels of economic sanctions, they just suspend any financial deal between their bank and Russian banks, in this case, you may have problems while transferring your money to/from the USA from Russia and in some other cases they may suspend only transactions by the government and in this case, the government may have a problem while selling oil or their other products, however regardless of all these if they chose to use bitcoin they can bypass all these economic sanctions.
full member
Activity: 1890
Merit: 101
Kamala Harris (US Vice President) making some statement on the Russia and Ukraine problem said US and her aligns will impose unprecedented economic sanction on Russia if they continue to evade or attack Ukraine. So I'm wondering what kind of unprecedented economic sanction can be given to Russia if they continue to evade Ukraine.
The US will no longer impose any sanctions on Russia. Even when Ukraine itself demanded that the US should impose sanctions on Russia, the US refused their request.

This is reasonable, considering that if the US imposes more sanctions on Russia this will have a bad impact on relations between Russia and the US, which will provide a strong reason for Russia to reduce their supply of oil and gas to US allies. in Europe and this will also further strengthen relations between Russia and China, which the US does not want to happen.
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