Sanctions on Russia

hollowdriver13 said:The hard currency that ExxonMobil is pulling in—instead of just sitting on it to stabilize their exchange rate—is basically being funneled straight toward paying down debt.
If they don't settle up within that 30-day grace period, the whole thing is going to spiral. Honestly, this kind of move could push Russia into its first major bankruptcy, something we haven't seen since the days of Lenin, who famously refused to honor the old debts left over from the Tsarist era.

Fair enough, I get the logic, but that move alone would absolutely tank their currency.

It’s interesting to note that even back during that disastrous year in 1998, Russia was focused on settling its external debts.

Christian Torres3 said:They still have their domestic reserves, don't they?

Honestly, those domestic reserves are just numbers on a screen meant for long-term planning; they don't mean much in a real crisis.
Is there even any point in talking about SWIFT if you've been kicked out of the system entirely?
Once this war finally wraps up, German politicians are going to have to answer for their decisions over the last 15 years—though mostly, it’ll be on Merkel's head.
But knowing Germans, and I've known them for decades, they'd probably just vote for Merkel all over again if they had the chance.

You need a massive amount of cash—and a huge cut from whatever flows into Russia. It’s just kleptocracy at this point. Honestly, stealing seems way easier than dealing with all the gray areas.

Russia is now forecasting a 10% GDP drop instead of that 4% growth they were bragging about earlier this year. Or, as they'd probably put it—everything is going exactly according to plan.

hollowdriver13 said:The Ruble is back above 105 again. I’m sitting here wondering if the Russian Central Bank actually has enough gas left in the tank to pump more foreign currency into the market just to prop up the exchange rate, especially since they haven't even settled that foreign debt hitting the $4.4 billion mark.

They basically saved the currency by cranking interest rates up to 20%. Whatever the reason, you can't run an economy on rates like that. It’s suicide.

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''The administration is working overtime to drag America into a war! They just kicked out 18 Russian diplomats''

The UK just expanded its sanctions list with 178 new names, mostly targeting those backing the decoupling efforts...

UK expands sanctions to include 178 separatists and oligarchs
13:22

https://www.reuters.com/business/ene...ar-2022-04-13/

The Chinese giant CNOOC is looking to pull out of Western markets just to dodge any potential sanction headaches. It looks like China has already picked its favorite energy player to handle all the heavy lifting for Russian oil and gas imports.

Decoupling—exactly what Trump was aiming for, I guess.

Sam Alvarez4 said:The UK just expanded its sanctions list with 178 new names, mostly targeting those backing the decoupling efforts...

UK expands sanctions to include 178 separatists and oligarchs
13:22

Pretty soon, instead of getting banned from forums, we'll be getting hit with EU and US sanctions—anyone up for that?

Dennis Price said:Russia is now forecasting a 10% GDP drop instead of that 4% growth they were bragging about earlier this year. Or, as they'd probably put it—everything is going exactly according to plan.

I’d say those projections are incredibly optimistic.

northernangler8 said:''The administration is working overtime to drag America into a war! They just kicked out 18 Russian diplomats''

Get out of here while you still can!!!!

northernangler8 said:''The administration is working overtime to drag America into a war! They just kicked out 18 Russian diplomats''

It was about time.
Should have happened much sooner...

Sam Alvarez4 said:It was about time.
Should have happened much sooner...

People like you are nothing more than warmongers. Honestly, I bet there are plenty of people on this forum acting as agitators, whether they're pushing political agendas or just looking for a fight. Just look at what Irish MP Clara Daly has been saying. Sanctions aren't going to stop a war; if anything, they just drag it out. All they really do is punish ordinary citizens while the politicians and the elites stay perfectly fine. Those are the first ones to flee when things actually go south in Ukraine. People like you, who constantly back these conflicts, clearly haven't learned a single thing from history, which is why we keep seeing the same mistakes repeated over and over.

northernangler8 said:People like you are nothing more than warmongers. Honestly, I bet there are plenty of people on this forum acting as agitators, whether they're pushing political agendas or just looking for a fight. Just look at what Irish MP Clara Daly has been saying. Sanctions aren't going to stop a war; if anything, they just drag it out. All they really do is punish ordinary citizens while the politicians and the elites stay perfectly fine. Those are the first ones to flee when things actually go south in Ukraine. People like you, who constantly back these conflicts, clearly haven't learned a single thing from history, which is why we keep seeing the same mistakes repeated over and over.

Look, sanctions might not end the fighting immediately, but they’ll gut the Russian economy in the long run. Honestly? They're too soft. We should ban Russians from traveling to Europe entirely and send everyone back home. We need an absolute wall when it comes to oil and gas.

northernangler8 said:People like you are nothing more than warmongers. Honestly, I bet there are plenty of people on this forum acting as agitators, whether they're pushing political agendas or just looking for a fight. Just look at what Irish MP Clara Daly has been saying. Sanctions aren't going to stop a war; if anything, they just drag it out. All they really do is punish ordinary citizens while the politicians and the elites stay perfectly fine. Those are the first ones to flee when things actually go south in Ukraine. People like you, who constantly back these conflicts, clearly haven't learned a single thing from history, which is why we keep seeing the same mistakes repeated over and over.

Look, sanctions hit a country's economic muscle and its ability to sustain a long-term conflict. An average Russian is just collateral damage here; it's much easier for a hungry Russian to get fed again than it is to bring a dead Ukrainian back to life.

The best move would have been to just let Putin steamroll through Ukraine. That’s how it works. Instead, we get all this whining in that typical Russian style about how "you're arming Ukraine and prolonging the conflict."

wiredseal7 said:https://www.reuters.com/business/ene...ar-2022-04-13/

The Chinese giant CNOOC is looking to pull out of Western markets just to dodge any potential sanction headaches. It looks like China has already picked its favorite energy player to handle all the heavy lifting for Russian oil and gas imports.

Decoupling—exactly what Trump was aiming for, I guess.

Pretty soon, instead of getting banned from forums, we'll be getting hit with EU and US sanctions—anyone up for that?

Honestly, maybe it’s about time some of these Western companies started moving their operations out of China altogether.

northernangler8 said:People like you are nothing more than warmongers. Honestly, I bet there are plenty of people on this forum acting as agitators, whether they're pushing political agendas or just looking for a fight. Just look at what Irish MP Clara Daly has been saying. Sanctions aren't going to stop a war; if anything, they just drag it out. All they really do is punish ordinary citizens while the politicians and the elites stay perfectly fine. Those are the first ones to flee when things actually go south in Ukraine. People like you, who constantly back these conflicts, clearly haven't learned a single thing from history, which is why we keep seeing the same mistakes repeated over and over.

Well, if we've actually learned anything, it's that you have to try to appease and rationalize with aggressive dictators for as long as possible.

They usually just sit down, think it over, and realize they went a little too far after the fact.

northernangler8 said:People like you are nothing more than warmongers. Honestly, I bet there are plenty of people on this forum acting as agitators, whether they're pushing political agendas or just looking for a fight. Just look at what Irish MP Clara Daly has been saying. Sanctions aren't going to stop a war; if anything, they just drag it out. All they really do is punish ordinary citizens while the politicians and the elites stay perfectly fine. Those are the first ones to flee when things actually go south in Ukraine. People like you, who constantly back these conflicts, clearly haven't learned a single thing from history, which is why we keep seeing the same mistakes repeated over and over.

So what, should America have just rolled over too?

Sanctions aren't going to stop the war, but this might be the last time we see Russia acting as a major military power. At least for the next 30 or 40 years. Honestly, that’s a good thing—really good.

Russia probably lost the Indian market for military hardware for good. Between their own domestic needs and all those sanctions, they just won't be able to keep up with their contracts in India.

Sanctions are going to end up hurting all of us, but honestly, I think Europe is going to take a much harder hit than Russia will—we’re already seeing the cracks with rising costs and the economic mess heading our way. And let’s get one thing straight: Putin isn't some dictator out on a crusade to conquer Europe; you guys need to stop feeding yourselves that nonsense. This is an entirely different kind of conflict. It's essentially a war between NATO and Russia, and I guess Ukraine is just caught in the crossfire of some really misguided political agendas. Instead of actually pushing for peace or a ceasefire, the leaders in Europe are just fueling the fire. By doubling down on sanctions and shipping off weapons, they might just be doing more harm to Ukrainian civilians in the long run.