#41 ·
From what I can see, it looks like the airspace is closing up for Russian airlines in about 20 minutes.
Sanctions on Russia
Started by Richard Wilson4 · · 👁 4 views · 9.5K replies
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#42 ·
James Chavez91 said:China will probably just play it smart and ignore this. Or maybe—if I had to guess—they'll just sleep on it.
China is already rubbing its hands together.
#43 ·
Paul Patel95 said:Yeah, we're talking like 600+ billion bucks.
Putin isn't getting his hands on any more Euros or Dollars.
The Chinese are footing the bill, sure, but they've been paying exclusively in Yuan since yesterday🙂
#44 ·
Michael Davis10 said:I mean, what kind of assets does the Russian central bank even have in the EU?
And they'll probably just freeze Western central banks' assets in return.
It's all just a mess, honestly.
Seems like they're getting squeezed, so they left some banks in SWIFT, I guess, just so they can still buy energy without having to lug suitcases of cash back to Moscow.
The whole thing is a joke—what can they actually trade on the international financial market now???
Anything at all?
No bond issuances, no Treasury bills, and oil sales—their main revenue stream—are tanking...
Sanctions weren't designed to last three, four, or five days.
This is going to drag on indefinitely.
And how is that going to hit the average person's standard of living???
#45 ·
https://twitter.com/spectatorindex/s...J2FL4rzBK8jEww
The Federal Reserve is warning that there's going to be a catastrophe on the US currency market on Monday as sanctions continue to pile up.
#46 ·
Former top official at the Federal Reserve: "there's going to be a catastrophe on the US currency market on Monday" - REU
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It’s going to be pretty damn interesting watching the stock market this Monday.
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It’s going to be pretty damn interesting watching the stock market this Monday.
#47 ·
The stock market is irrelevant at this point—it’s basically a done deal—so you should really be watching the lines outside the banks when regular folks start trying to pull their cash out...
#48 ·
Gerald Chavez7 said:The stock market is irrelevant at this point—it’s basically a done deal—so you should really be watching the lines outside the banks when regular folks start trying to pull their cash out...
And then there are the foreign exchange reserves
#49 ·
Gerald Chavez7 said:You’ll probably be predicting $150 per share, then $200 by Tuesday, then $300 by the weekend 😁
...cutting off Swift (for like 90% of the major banks) might mean Russia announces a bank holiday this Monday—just another imperialist move to stop a bank run 😉
Honestly, the fact they made this move on Saturday suggests the European Union left just enough breathing room for Russia to shore up their defenses before Monday hits.
#50 ·
bank run
Check this out—massive lines are already forming up at ATMs in Moscow and all over the rest of Russia. This photo was taken at 5 AM. Crazy, right?
https://twitter.com/taxfreelt/status...11412265099265
Check this out—massive lines are already forming up at ATMs in Moscow and all over the rest of Russia. This photo was taken at 5 AM. Crazy, right?
https://twitter.com/taxfreelt/status...11412265099265
#51 ·
Charles Howard74 said:bank run
Check this out—massive lines are already forming up at ATMs in Moscow and all over the rest of Russia. This photo was taken at 5 AM. Crazy, right?
https://twitter.com/taxfreelt/status...11412265099265
It won't be long before Americans realize this entire offensive was nothing more than a self-inflicted wound.
#52 ·
boldtiger7 said:It won't be long before Americans realize this entire offensive was nothing more than a self-inflicted wound.
Better than a bullet to the head.
#53 ·
boldtiger7 said:It won't be long before Americans realize this entire offensive was nothing more than a self-inflicted wound.
Whether he's just shooting himself in the foot or the head, it doesn't matter.
The reality is he's taking all of us down with him.
Do you have any idea how many of our local businesses and small companies are staying afloat solely because of trade with Russia?
As he falls, he’s going to drag the entire economy down right along with him.
#54 ·
Charles Howard74 said:bank run
Check this out—massive lines are already forming up at ATMs in Moscow and all over the rest of Russia. This photo was taken at 5 AM. Crazy, right?
https://twitter.com/taxfreelt/status...11412265099265
The crowds are especially thick in front of the specific banks and ATMs currently hit by sanctions. I actually went ahead and "cleared out" my own accounts at those types of institutions yesterday. I have to tell you, the atmosphere in these lines is incredibly tense—bordering on hysterical. You see people getting into verbal shouting matches, cursing, and accusing bank staff of outright fraud. While I didn't witness any actual physical fights while I was there, could things turn violent if this pressure keeps building? It’s certainly a possibility.
By the way, the footage shows a line outside a Bank of America ATM, which is facing some of the heaviest sanctions right now.
#55 ·
antilles said:Reading a comment like that makes me feel embarrassed to even share a nationality with you. 🕺
The Putinists and the oligarchs already have sanctions slapped on them, their assets frozen, and their bank accounts locked down.
Leave the rest of the Russians alone.
Everyone else will suffer regardless, simply due to the inherent nature of how sanctions function. It is my belief that those who will feel the brunt of these measures are the ones least responsible—the general public. There is a universal rule that this specific demographic always bears the heaviest burden of any disruption. Their lives are already strained, and they are perpetually living on the edge financially. When chaos hits, it inevitably translates into new, unavoidable costs of living.
#56 ·
Nancy Gomez26 said:Everyone else will suffer regardless, simply due to the inherent nature of how sanctions function. It is my belief that those who will feel the brunt of these measures are the ones least responsible—the general public. There is a universal rule that this specific demographic always bears the heaviest burden of any disruption. Their lives are already strained, and they are perpetually living on the edge financially. When chaos hits, it inevitably translates into new, unavoidable costs of living.
The initial blow was aimed at the oligarchs. Obviously, they won't be starving, but if you take away their ability to play around in the West, those criminals are going to lose their minds.
#57 ·
Heavy-hitting sanctions coming for the Belarus regime
The Commission President just announced that the European Union is going to slap an export ban on all sorts of stuff headed to Belarus—we're talking everything from fossil fuels and tobacco to timber, cement, iron, and steel. They’re also blocking any dual-use goods. Pretty massive move.
#58 ·
Regarding the airspace closures... I assume none of the countries making these calls actually intend to fly over Russia?
#59 ·
Honestly, I feel like the European Union really jumped the gun on this one by getting ahead of Russia. They didn't just ban Russian planes from their airspace; they also blocked their own carriers from flying over Russia entirely. It’s going to be a total mess, and honestly, we might see flights heading toward Asia rerouting all the way over Alaska just to make it work.
I mean, think about it—neutral airlines, like Delta Air Lines, could actually see a massive boost in profits because of all this chaos.
And even if there wasn't an outright ban on flying to Russia, I seriously doubt how many flights will actually happen. I mean, look at what’s being done for security, especially with the European Union moving toward banning the sale of aircraft and spare parts altogether. Nobody is going to take the risk of having their Boeing 737 stranded in Russia when the local mechanics won't have the parts to fix it.
I mean, think about it—neutral airlines, like Delta Air Lines, could actually see a massive boost in profits because of all this chaos.
And even if there wasn't an outright ban on flying to Russia, I seriously doubt how many flights will actually happen. I mean, look at what’s being done for security, especially with the European Union moving toward banning the sale of aircraft and spare parts altogether. Nobody is going to take the risk of having their Boeing 737 stranded in Russia when the local mechanics won't have the parts to fix it.
#60 ·
Carl Lee27 said:Honestly, I feel like the European Union really jumped the gun on this one by getting ahead of Russia. They didn't just ban Russian planes from their airspace; they also blocked their own carriers from flying over Russia entirely. It’s going to be a total mess, and honestly, we might see flights heading toward Asia rerouting all the way over Alaska just to make it work.
I mean, think about it—neutral airlines, like Delta Air Lines, could actually see a massive boost in profits because of all this chaos.
And even if there wasn't an outright ban on flying to Russia, I seriously doubt how many flights will actually happen. I mean, look at what’s being done for security, especially with the European Union moving toward banning the sale of aircraft and spare parts altogether. Nobody is going to take the risk of having their Boeing 737 stranded in Russia when the local mechanics won't have the parts to fix it.
What do you mean Alaska? Flights to the Middle East, South Asia, or Southeast Asia have always gone via Romania/Bulgaria, down through the southern Black Sea, northern Turkey, then hugging the Iraq-Iran border and the Persian Gulf to get where they're going. There aren't going to be any big changes there.
For China and Japan, they'll just end up doing layovers in Doha or Dubai.
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