Sanctions on Russia

hollowdriver13 said:Every single time you drop a one-liner while sipping your coffee, this happens.



When is Mariupol actually gonna fall? It’s been "just a few hours away from falling" for three weeks straight now...🕺

Those kinds of one-liners are pretty legendary on this forum.

The only difference is they barely fly anymore, if at all...

feralcanyon73 said:👍

Exactly how it should be.

Boeing could actually see some real profit here; once winter hits Germany, the demand for sweaters is going to skyrocket.

Nathan Evans78 said:Boeing could actually see some real profit here; once winter hits Germany, the demand for sweaters is going to skyrocket.

If things actually go that far, we’re talking about what happens in Russia... at that point, I might as well use the Ruble as wrapping paper.
Best regards,

Nathan Evans78 said:Boeing could actually see some real profit here; once winter hits Germany, the demand for sweaters is going to skyrocket.

So what, did they tighten the valves in Russia too much, and now we can't even turn them?
Man, Putin really left us hanging...🤔

hollowdriver13 said:So what, did they tighten the valves in Russia too much, and now we can't even turn them?
Man, Putin really left us hanging...🤔

Ebiga, those sanctions hit the WD-40 too hard—now I can't even grease the damn things.
Best regards,

Honestly, I don't really see the point in obsessing over whether we're paying with dollars or rubles—it feels kind of pointless, if you ask me.

At the end of the day, contracts are set in USD or Euros anyway.

What’s the actual difference? Like, does it matter if I hand you a hundred bucks directly, or if I go through the hassle of swapping them for rubles first—whatever the exchange rate ends up being, even if it's just one-to-one—and then give those to you?

The dollar doesn't mean a thing to him since the whole country is gridlocked.
Maybe some Chinese capital could serve as a compromise.
But man, that just hands China a massive strategic win.

Once this is all over, I guess the only question left is who’s actually going to pick up the pieces of Russia—will it be China or the USA?

☕

Thomas Nelson25 said:The dollar doesn't mean a thing to him since the whole country is gridlocked.
Maybe some Chinese capital could serve as a compromise.
But man, that just hands China a massive strategic win.

So, picture this: you wire Euros into one of your accounts at a Russian bank. Then, that same bank just swaps those Euros for Rubles and tosses them into a different account you have there. From that second account, you pay for your gas at the price you originally agreed upon in Euros.

Basically, you hand over the Euros just like you planned, and then the Russians just play games with them—converting them into whatever they want—just like they've always done. 🤷

Alexander Thompson said:So, picture this: you wire Euros into one of your accounts at a Russian bank. Then, that same bank just swaps those Euros for Rubles and tosses them into a different account you have there. From that second account, you pay for your gas at the price you originally agreed upon in Euros.

Basically, you hand over the Euros just like you planned, and then the Russians just play games with them—converting them into whatever they want—just like they've always done. 🤷

Looks like a run on the dollar.
It’s just a waste of time—money isn't even leaving the country because nobody's actually out there buying up Rubles. No point.

When things go south, people start hoarding USD and other hard currencies. It's just what happens.

Alexander Thompson said:So, picture this: you wire Euros into one of your accounts at a Russian bank. Then, that same bank just swaps those Euros for Rubles and tosses them into a different account you have there. From that second account, you pay for your gas at the price you originally agreed upon in Euros.

Basically, you hand over the Euros just like you planned, and then the Russians just play games with them—converting them into whatever they want—just like they've always done. 🤷

Converting dollars to rubles? The Russians set the exchange rate. That’s where they get you.

Christian Torres3 said:Converting dollars to rubles? The Russians set the exchange rate. That’s where they get you.

Look, the contracts are settled in dollars, so they can set the conversion rate however they damn well please. I mean, theoretically, I could say one ruble costs a hundred bucks and nothing actually changes.🤷

If you owe a hundred bucks for gas, you owe a hundred bucks. Who cares what that looks like in rubles?

And then he just says it out loud, totally blunt...
The European Union isn't the center of the universe...yet they still act like it's the,
Global anchor. The gold standard.

Honestly, I think Putin and the White House are finally starting to realize how much of a mess this war actually is.

Christian Torres3 said:Converting dollars to rubles? The Russians set the exchange rate. That’s where they get you.

I agree there’s probably a catch somewhere. But if the Ruble has actually stabilized this much, it might not be the massive scam people think it is.
To me, this whole setup looks like a way to make sure everyone gets a little slice of the pie. Basically, buyers from "unfriendly nations" pay in Euros, while the Russians get their hands on the cash in Rubles. It keeps both sides happy on paper.
That’s why I find the European Union's refusal to accept this model so baffling. If they cut off the gas, they aren't just looking at massive inflation—they're staring down a recession. We're talking full-blown stagflation.

Germany is going to take the biggest hit here. But let's not forget that Germany is the engine driving the entire European Union since they're the top importers and exporters. If the German economy tanks, the whole European Union goes down with it.

Honestly, I get the feeling the European Union is currently stuck in that "I don't care if my house burns down as long as the neighbor's does too" mindset. And they're doing it all under pressure from the USA, who will obviously be just fine no matter what happens to everyone else's "house."

Alexander Thompson said:Look, the contracts are settled in dollars, so they can set the conversion rate however they damn well please. I mean, theoretically, I could say one ruble costs a hundred bucks and nothing actually changes.🤷

If you owe a hundred bucks for gas, you owe a hundred bucks. Who cares what that looks like in rubles?

Sure, but they're doing it specifically to keep the Ruble from skyrocketing.

Maria Moore said:I agree there’s probably a catch somewhere. But if the Ruble has actually stabilized this much, it might not be the massive scam people think it is.
To me, this whole setup looks like a way to make sure everyone gets a little slice of the pie. Basically, buyers from "unfriendly nations" pay in Euros, while the Russians get their hands on the cash in Rubles. It keeps both sides happy on paper.
That’s why I find the European Union's refusal to accept this model so baffling. If they cut off the gas, they aren't just looking at massive inflation—they're staring down a recession. We're talking full-blown stagflation.

Germany is going to take the biggest hit here. But let's not forget that Germany is the engine driving the entire European Union since they're the top importers and exporters. If the German economy tanks, the whole European Union goes down with it.

Honestly, I get the feeling the European Union is currently stuck in that "I don't care if my house burns down as long as the neighbor's does too" mindset. And they're doing it all under pressure from the USA, who will obviously be just fine no matter what happens to everyone else's "house."

You've got it wrong. The US economy isn't some isolated island; if things tank in the European Union, it's going to hit us hard too.

Christian Torres3 said:You've got it wrong. The US economy isn't some isolated island; if things tank in the European Union, it's going to hit us hard too.

Foreign trade only makes up about 4% of the US GDP. Plus, we have our own oil and gas right here at home, so we won't deal with the massive shortages or production shutdowns they're facing over in the European Union.
On the flip side, the US will obviously deal with some turbulence in the global commodities and energy markets—since prices are set on global exchanges, they're often driven by pure speculation—which is bound to trigger inflation and market chaos. For instance, I heard an economic analyst on CNN last night saying there’s actually plenty of oil available right now; the price hikes on the exchanges are just a reaction to geopolitical instability rather than any actual drop in supply.
Eventually, the markets will settle down, and in the meantime, the US might even come out ahead by ramping up gas exports and, let's not forget, selling weapons to both Ukraine and the European Union.

Christian Torres3 said:You've got it wrong. The US economy isn't some isolated island; if things tank in the European Union, it's going to hit us hard too.

A recession in any of the big three—the US, China, or the European Union—drags everyone else down with it.

Maria Moore said:Foreign trade only makes up about 4% of the US GDP. Plus, we have our own oil and gas right here at home, so we won't deal with the massive shortages or production shutdowns they're facing over in the European Union.
On the flip side, the US will obviously deal with some turbulence in the global commodities and energy markets—since prices are set on global exchanges, they're often driven by pure speculation—which is bound to trigger inflation and market chaos. For instance, I heard an economic analyst on CNN last night saying there’s actually plenty of oil available right now; the price hikes on the exchanges are just a reaction to geopolitical instability rather than any actual drop in supply.
Eventually, the markets will settle down, and in the meantime, the US might even come out ahead by ramping up gas exports and, let's not forget, selling weapons to both Ukraine and the European Union.

So what, they voted for like, 12 or 13 billion dollars in aid for Ukraine? Most of the weapons going there aren't even donations—the USA is footing the bill!

Thomas Nelson25 said:Looks like a run on the dollar.
It’s just a waste of time—money isn't even leaving the country because nobody's actually out there buying up Rubles. No point.

When things go south, people start hoarding USD and other hard currencies. It's just what happens.

back when they used to buy.....

Take Saudi Arabia, for instance; they managed to stay incredibly secure by swiftly and easily freezing those billions belonging to Russia... which suddenly made the Yuan look like a much more enticing alternative, wouldn't you agree?

Plus, we can't ignore the reality that if everything stays status quo, you're still effectively losing 8% of your purchasing power every single year to inflation, right?