Lisa Grant5 said:It’s not mindless—just look at the inflation rates. At the end of the day, the European Union is going to take the biggest hit from these sanctions, followed by Russia, while the UK and the USA walk away with all the profit.
It’s pretty interesting to see how these sanctions actually impact the RUB exchange rate against the EUR
https://www.xe.com/currencycharts/?f...to=EUR&view=5Y
Please. On this thread, people seem to think hurling insults is a substitute for actually having an argument due to their lack of verbal skills.🤔
The same crowd preaching about "freedom and democracy" while labeling anyone with a different opinion as a brainless Putinophile, a mercenary, or whatever else.
It says everything you need to know about them.
Lisa Grant5 said:The European Union is only just starting to feel the real economic fallout from sanctions. Honestly, the current inflation isn't even tied to the war in Ukraine—that trend was already kicking in before things escalated. As for Russia, they took a short-term hit and reacted by hiking interest rates (they used to be around 10%). A lot of manufacturers panicked and stockpiled raw materials at higher prices because of the falling Ruble, which forced them to bump up their own prices. So yeah, some stuff for everyday Americans—well, for people there—jumped 10-20% (some even more), but we're looking at a return to old price levels within two or three months. Since I occasionally chat with some folks from Russia, I asked them how things were actually going—everyone gives me basically the same answer: "Sure, some things are 10-20% pricier, and the big headaches are buying new cars (there aren't any available) and traveling abroad for vacation (between the flight routes and having to transit through a third country first, it's a massive hassle and extra expense). Other than that, everything is pretty much business as usual."
The Baltic states already have inflation rates matching Russia's, and now the European Union has nothing left to sanction except oil. Opening that Pandora's box is a mistake.
We won't feel the real blow for a few months, once the harvest finishes—especially since it started with those insane prices for synthetic fertilizers.
And don't get me started on energy. They're currently relying on government interventions and the US releasing strategic reserves. They've been pumping a million barrels a day into the market just to keep these sky-high prices afloat. What happens when that six-month plan expires and the Americans decide to refill their reserves for winter instead of releasing more?
The real culprits here are the journalists and politicians who have lost their moral compass; their statements are practically propaganda.
"We solved our Russian energy problem by cutting deals with the Qataris." Well, the Qatari energy minister has no idea what they're talking about.
"We imposed sanctions on Russia, but it's unfair when they do the same to us." Russia was supposed to "collapse" due to sanctions by mid-May, yet reality shows they have record revenues. Ukrainians are winning military engagements every single day, they just haven't taken Vladivostok yet, and on the ground, the Russians have encircled the last part of the Donbas still under Ukrainian control.
Sure, they've got their issues, but we're nowhere near a breaking point.