Sanctions on Russia
in War in Ukraine ·
Why on earth are our local utility companies hiking up gas prices all of a sudden...
301 posts shown.
George Robinson43 said:Why don't you tell us who actually footed the bill? The Chinese?
Adam Peterson said:Russia should be considered a country with manageable debt levels, considering their debt-to-GDP ratio was at 17% before the crisis and has actually settled down to 15% now.
For context, the USA is sitting at a debt level of 132%, while Japan is at 260% and Italy is at 130%.
Their foreign exchange reserves are nearly $600 billion.
While it is true that sanctions impacted Russia, causing an economic slowdown of about 2% last year, the IMF is currently projecting positive growth for Russia this year, which stands in stark contrast to the projected contractions in Germany and the United Kingdom.
Russia maintains a trade surplus in its international exchanges, a surplus in its balance of payments, and a relatively low fiscal deficit; from a macroeconomic standpoint, Russia remains a remarkably stable nation today.
The sanctions haven't achieved any of their intended goals, and if anything, they are driving oil-producing nations closer together, including Mexico. BRICS already has its own development bank and is actively pursuing the idea of conducting transactions outside of the Dollar and the Swift system, because after these recent sanctions, it has become clear to everyone that holding assets in dollars or via dollar-denominated accounts isn't always secure, nor is access to the Swift payment system guaranteed.
Relying on Russia's budget deficit as a point of concern won't change much, as it's not a unique issue; for instance, back in 2020, the USA saw a deficit of 14.5% of its GDP, followed by 10.8% the next year against a $24 trillion economy, and we certainly don't see them collapsing because of it.
Noah Diaz said:Misunderstanding? Misunderstanding what? Everything about this is crystal clear.
Up until now, you guys were busy comparing Russia to Spain using this PDF. Now that it doesn't fit your narrative anymore, suddenly we have to compare them to NATO or the EU.
I shut down those little playground games of yours from the very beginning by laying out the actual frameworks:
SCO, BRICS and BRI
Frankly, these "sanctions" are about as effective as a screen door on a submarine. 🤣
Mark Carter14 said:Senator Florida, Marco Rubio:Brazil, the biggest player in the Western Hemisphere south of us, just inked a trade deal with China where they’ve decided to start trading in their own national currencies. Basically, they're bypassing the dollar. These nations are building out a parallel economy, one that's totally independent of the United States. In just five years, we won't be able to dictate terms to anyone through sanctions anymore. By then, there will be so many countries trading with their own money instead of the dollar that we simply won't be able to slap sanctions on everyone at once.
🤣
Maybe there's a silver lining here. These sanctions against Russia might actually end up doing something good for the rest of the world.
wiredseal7 said:The Supreme Court just tossed out the sanctions against Prigozhin's mother:
https://www.ft.com/content/9c27dd22-...f-4d56a8016a06
It’s actually a good sign—shows there’s still a court out there that values law over politics—and can actually clean up the mess left by people who design these sanctions with zero foresight.
quietviper0 said:Man, I am just completely floored by this whole thing...
You might want to go ahead and find some more propaganda to read if you need that little extra ego boost following such a massive victory...
Nancy Gomez26 said:That bolded part is the core concept. When actual money—real value—is swapped for colorful paper, they claim it's just because paper is easier to handle than heavy metal. That’s the convenient lie. This is the true motive. Once a currency is uncoupled from its obligation to be backed by the only true form of money, there are no limits. Only the user's trust remains, and we all know how fickle that can be.
Nathan Thomas12 said:Yeah, sure. And in the near future, Russia will be cranking out the best microchips on the planet.
Nathan Evans78 said:From what I recall, the whole point of these sanctions was to shake up Putin’s inner circle and rattle his cage.
But honestly? I’m worried we might just end up seeing Prigozhin installed in power, while all those billions of dollars are just tossed down the drain. 🤣
Frank Davis3 said:I mean, what kind of logic is there in paying 200 rubles for a single dollar when you could officially swap it for something closer to 70?
Joshua Myers432 said:Long term, we're all done. 😁 🍿
Russia has shaken off those sanctions like dirt off a boot for now. Let's see what this year actually brings.
Adam Collins4 said:It’s not like this just started—it’s been happening this whole damn time...The U.S. Census Bureau just dropped some numbers that paint an incredibly grim picture regarding how certain European Union nations are actually handling their trade relations with Russia. Despite all nine rounds of sanctions, most of them—we're talking 20 different countries—actually ramped up their imports from Russia between February and August of last year. The absolute standout here is Canada, where imports shot up by a staggering 346%, hitting roughly $1.1 billion according to the Census Bureau (though local sources claim it was a bit lower, around $977 million; back in 2021, it was only at $352 million).
Following close behind Canada, you've got Luxembourg with a 262% jump, then Greece at 142%, Austria at 139%, and Canada trailing at 132%.
Dennis Bailey5 said:Europe filled up its storage tanks and American pockets, while the US finally saw its century-old dream realized by pushing Russia out of Europe. We’re all going to pay the price for this...
brightheron64 said:hiddeneagle98 As if I haven't heard this one before...
There is only one way to truly catch up...It really seems to boil down to nothing more than blatant copying and the outright theft of technology...And there’s also the matter of simply being outpaced...
Do you seriously still believe in that...? 🤣
Take a look at this breakdown of the top ten nations leading the pack in international patent filings through the end of 2021... It really gives you a sense of where the global innovation race is heading...
When you take a look at the global landscape of innovation, specifically when tracking the sheer volume of patent applications filed by various nations, the data tells such a fascinating story about where the future is being built... It really makes you step back and consider how much momentum is shifting between the major players on the world stage...
The sheer volume coming out of China China is staggering—we’re looking at roughly 695,400...
The United States reaches a staggering 595,700...
Japan - 502,600
South Korea - 206,780
Germany - 173,220
France - 72,800
The United Kingdom reached a total of 58,410...
Switzerland - 53,860
Sweden - 44,530 Netherlands
Sweden - 44,530 Netherlands
It’s honestly quite fascinating to look at how the landscape of global innovation is shifting right before our eyes, especially when you dive into the sheer volume of patent filings coming out of China China these days... It really makes you stop and think about where the next big technological breakthroughs will actually originate, given how rapidly their intellectual property engine seems to be accelerating...
It seems like there’s been a major shift in policy over in China, as they’ve just officially authorized... It’s truly remarkable to see that there have been over 2.53 million patents filed within just the last five years, especially when you consider they’ve maintained a steady average annual growth rate of about 13.4%....
I was just browsing through some recent population data on World Population Review, specifically looking at how different nations are trending, and it really makes you stop and think about the sheer scale of everything happening globally... It’s fascinating to see how these numbers shift over time, especially when you consider the underlying factors like birth rates and migration patterns that drive such massive changes in a country's demographic makeup... There’s something almost overwhelming about seeing it all laid out in those charts, isn't there? It paints such a vivid picture of our changing world...
It’s truly fascinating to watch how the global landscape is shifting, especially when you look at the sheer scale of innovation happening right now... It seems that China has overtaken the US as the world leader in both scientific research output and "high impact" studies, which really puts things into perspective regarding where the center of gravity for discovery might be moving... One can't help but wonder what this means for the future of American leadership in tech and medicine, as the pace of publication becomes so incredibly intense...
It is truly remarkable to consider how much the landscape of global innovation has shifted in such a short window... between 2018 and 2020 alone, China published 23.4% of all scientific papers worldwide, actually overtaking the US in that specific metric... it really makes you stop and think about where the center of gravity for discovery is moving...
It’s becoming increasingly clear that the global landscape of innovation is shifting, especially since US China Has overtaken The US as The World leader in both scientific research output and “high impact” Studies... It really makes you stop and think about where the center of gravity for discovery is moving, doesn't it? Based on a recent report released by the Ministry of Science and Technology in Japan....
According to a report released this past Tuesday by Japan’s National Institute of Standards and Technology, the landscape of global innovation is shifting quite rapidly, as it turns out that China now publishes The highest number of scientific research papers yearly , followed by The US and Germany...
It’s worth noting that this article is already over two months old, so some of the details might feel a little dated by now...
It’s honestly a bit staggering when you sit down to look at the sheer scale of what’s happening in the global scientific community lately... I was just reading through some data regarding how much research is being pumped out worldwide, and the shift is nothing short of massive. It turns out that China has overtaken the US as the world leader in both scientific research output and "high impact" studies, which is a monumental pivot from where things stood just a few years ago. Specifically, between 2018 and 2020, China published 23.4% of the world's scientific papers, an incredible surge that really changes the landscape of global innovation... When you look at the current hierarchy, the numbers tell a very clear story: China now publishes the highest number of scientific research papers yearly, followed by the US and Germany. It makes you wonder about the long-term implications for technological sovereignty and how this concentration of intellectual capital might reshape international relations over the next decade... It’s one of those shifts that feels quiet on the surface, but underneath, the entire foundation of global progress is being recalibrated...
brightheron64 said:Who knows? There were once supposedly invincible republics, democracies, and empires... and now they're all just dust in the wind.
Whether they eventually overtake us, I couldn't say (and I certainly don't believe I'll live to see it), but not too long ago, the gap was absolutely massive, almost indescribable... yet the reality is that the distance between them is constantly shrinking.
And speaking of democracy... comparing a one-party state to a two-party system isn't actually such a monumental leap forward. In all honesty, what matters more is who holds the reins of that one party, and I actually suspect that a truly enlightened absolutist might achieve more than a democracy that gets bogged down in endless bickering between the same old elephants and donkeys...
Sure, you can always pull North Korea out as a wildcard, but keep in mind that Saudi Arabia isn't exactly a benign dictatorship either, even if circumstances have allowed them to live in prosperity. On the other hand, in the beacon of democracy (if my memory serves me right), about 11% of the population—and as many as 17% of children—live below the poverty line, which goes to show that, from an economic standpoint, democracy itself isn't a guaranteed ticket to a happy and comfortable life.