Sanctions on Russia

Paul Sanders5 said:If things go south, we're gonna see shortages hitting countries across Africa and Asia.

Honestly, if these pro-Russian trolls end up hungry because they can't collect their paychecks from Moscow after spending all day posting absolute garbage online—hey, I'm not complaining.

Their numbers dropped significantly following the shutdown of JPMorgan Chase. 😉

Quote : Originally Posted by hollowdriver13

Dennis Price said:Where have you been, Einstein? (Just to make it easier for you). Sanctions are basically a race to the bottom. Did you not realize that until Biden said it?

I see you're struggling to wrap your head around this, just like everyone else who thinks they're on my side. That was a quote from Biden, not me.
If you really want to be difficult about it, go back and look at my posts from a few months ago. I called this exact scenario a possibility then.

Quote : Originally Posted by hollowdriver13

swiftjackal11 said:And how exactly do you plan on overcoming the hunger and poverty Putin has laid out for you?

I make a living out of planning, and I’ve already called this exact scenario before. I’m ready.

Quote : Originally Posted by hollowdriver13

hollowdriver13 said:Man, looks like English grammar is giving you a run for your money.

“Regarding food shortages, yeah, we talked about them and they’re going to be real. The cost of these sanctions isn't just being dumped on Russia; it's hitting a huge number of nations, including the EU and the US.”

You're spinning things and twisting the facts again. You originally wrote that Biden said the US and the EU would face food shortages, but he never actually said it the way you're trying to frame it now.

Quote : Originally Posted by hollowdriver13 I’m quoting what you said, written barely two hours before this post:

Quote : Originally Posted by hollowdriver13 View post Izvrces

Quote : Originally Posted by hollowdriver13 View post Quote : Originally Posted by hollowdriver13 What would hollowdriver13 have said to fit his little theory? Just more of the same cynicism. Not once does he even mention the US or the EU.

That’s enough spinning and twisting of the truth.

To get the full picture, just look at the comments from Americans under that Twitter post.

steelfox98 said:Quote : Originally Posted by hollowdriver13

I see you're struggling to wrap your head around this, just like everyone else who thinks they're on my side. That was a quote from Biden, not me.
If you really want to be difficult about it, go back and look at my posts from a few months ago. I called this exact scenario a possibility then.

Quote : Originally Posted by hollowdriver13

I make a living out of planning, and I’ve already called this exact scenario before. I’m ready.

Quote : Originally Posted by hollowdriver13

Quote : Originally Posted by hollowdriver13 I’m quoting what you said, written barely two hours before this post:

Quote : Originally Posted by hollowdriver13 View post Izvrces

Quote : Originally Posted by hollowdriver13 View post Quote : Originally Posted by hollowdriver13 What would hollowdriver13 have said to fit his little theory? Just more of the same cynicism. Not once does he even mention the US or the EU.

That’s enough spinning and twisting of the truth.

To get the full picture, just look at the comments from Americans under that Twitter post.

🤔

Man, you really botched that translation. Instead of just saying "mea culpa," you're turning it around and accusing him of spinning things.

And what does the comment section actually have to do with reality? Most people commenting only read the headline, which journalists intentionally make sensational just to farm clicks. Even if they did read the whole thing, how much does the average American actually know about global food trade?

By the way, besides China, the EU has the largest agricultural production—it just has far fewer mouths to feed than China does.

https://www.fao.org/faostat/en/#data/QCL/visualize

Look, take a massive corporation like Nestlé. They have factories in 79 countries all over the world, plus suppliers for basically every type of food imaginable. What difference does it make if cocoa is grown in Ghana when Nestlé buys it up, processes it, and ships it off to their other plants?

Unless they're working directly on a plantation, folks in Ghana don't see the cocoa, nor do they see the final product. At the end of the day, the amount of cocoa produced in Ghana has nothing to do with the actual issue of hunger.

It would also be wrong to call this a European or Swiss company, since there's hardly a nation on Earth that doesn't hold some kind of stake in it.

Robert Barrett6 said:🤔

Man, you really botched that translation. Instead of just saying "mea culpa," you're turning it around and accusing him of spinning things.

And what does the comment section actually have to do with reality? Most people commenting only read the headline, which journalists intentionally make sensational just to farm clicks. Even if they did read the whole thing, how much does the average American actually know about global food trade?

By the way, besides China, the EU has the largest agricultural production—it just has far fewer mouths to feed than China does.

https://www.fao.org/faostat/en/#data/QCL/visualize

Look, take a massive corporation like Nestlé. They have factories in 79 countries all over the world, plus suppliers for basically every type of food imaginable. What difference does it make if cocoa is grown in Ghana when Nestlé buys it up, processes it, and ships it off to their other plants?

Unless they're working directly on a plantation, folks in Ghana don't see the cocoa, nor do they see the final product. At the end of the day, the amount of cocoa produced in Ghana has nothing to do with the actual issue of hunger.

It would also be wrong to call this a European or Swiss company, since there's hardly a nation on Earth that doesn't hold some kind of stake in it.

Of course the comments matter! People cling to any straw they can find because if you misinterpret something even slightly, or if you cherry-pick a troll's comment from below the text, you end up manufacturing your own version of reality.
That’s exactly what Russian propaganda has been doing for years; it shouldn't come as a surprise to you.

lp

steelfox98 said:Quote : Originally Posted by hollowdriver13

I see you're struggling to wrap your head around this, just like everyone else who thinks they're on my side. That was a quote from Biden, not me.
If you really want to be difficult about it, go back and look at my posts from a few months ago. I called this exact scenario a possibility then.

Quote : Originally Posted by hollowdriver13

I make a living out of planning, and I’ve already called this exact scenario before. I’m ready.

Quote : Originally Posted by hollowdriver13

Quote : Originally Posted by hollowdriver13 I’m quoting what you said, written barely two hours before this post:

Quote : Originally Posted by hollowdriver13 View post Izvrces

Quote : Originally Posted by hollowdriver13 View post Quote : Originally Posted by hollowdriver13 What would hollowdriver13 have said to fit his little theory? Just more of the same cynicism. Not once does he even mention the US or the EU.

That’s enough spinning and twisting of the truth.

To get the full picture, just look at the comments from Americans under that Twitter post.

If you can't even grasp double negatives, maybe let's leave the economics talk to the adults.

Have the Russians started starving to death yet?

feralcanyon73 said:Have the Russians started starving to death yet?

Nah, Ukrainian stores are actually pretty well stocked.

Paul Anderson7 said:I’m talking about the long game here. In the long run, Russia is facing massive headaches, and if the citizens start showing even a hint of pushback against the war, they might actually see some concessions down the line. I misspoke when I brought up revolution; what I really meant was large-scale protests that aren't just easy to sweep under the rug. You can't exactly throw hundreds of thousands of people in jail if they all decide to show up at the square every single day. I don't think Putin would ever resort to opening fire on them, mostly because he's far too aware of how the rest of the world would react.
I wasn't suggesting an armed conflict with Putin—that would likely just make things a whole lot worse.

They haven't even hit Russia yet; it's obvious they're playing a strategic game, doing just enough to satisfy the media cycle.

Nestlé is still operating, oil is still flowing, and diamonds are still heading to Belgium.
The whole thing is a farce...

feralpilot0 said:They haven't even hit Russia yet; it's obvious they're playing a strategic game, doing just enough to satisfy the media cycle.

Nestlé is still operating, oil is still flowing, and diamonds are still heading to Belgium.
The whole thing is a farce...

Actually, Nestlé and General Motors already blinked under the pressure—they both went public with this stuff just a few days ago.

Nestlé announced IT was caving to pressure and suspending The sales of most products in Russia , covering everything fra KitKat and Nesquik

“As the war rages in Ukraine , Our activities in Russia will focus on providing essential food , such as infant food and Medical / Hospital Nutrition — Nestle Said

https://www.standard.co.uk/business/...r-b990206.html

French carmaker Renault Has also reversed its earlier decision to remain in The country and is shutting down Operations AT its Moscow Plant. It is also “ assessing The available options ” for its Staka in Russian Car maker AVTOVAZ.

feralpilot0 said:They haven't even hit Russia yet; it's obvious they're playing a strategic game, doing just enough to satisfy the media cycle.

Nestlé is still operating, oil is still flowing, and diamonds are still heading to Belgium.
The whole thing is a farce...

My take? There isn't some grand master strategy at play here, regardless of how it looks. Everyone is primarily looking out for their own bottom line.

Certain massive corporations and industries have been hit hard by supply chain disruptions caused by the war, so their reaction is pretty predictable. They share the same partners as everyone else, and naturally, they demand that those partners show solidarity.

Then you've got the fallout from negative PR in markets that are way more important than the Russian one.

I'd say only a small percentage actually left for moral or ideological reasons—most are just following the political wind.

"The refusal of G7 nations to settle gas payments in rubles is going to trigger a total shutdown of gas supplies across Europe," comes the warning from Russia, according to Reuters.

https://hr.n1info.com/biznis/rusija-...kon-odluke-g7/

Let's be clear: they aren't getting gas for free. It's up to them to figure out how they want to handle that.

Essentially, the EU has imposed sanctions on itself that every citizen will end up footing the bill for. And if we're being honest, the US was the primary driver here, essentially ordering its loyal EU subordinate to follow suit.

Terry Hernandez10 said:"The refusal of G7 nations to settle gas payments in rubles is going to trigger a total shutdown of gas supplies across Europe," comes the warning from Russia, according to Reuters.

https://hr.n1info.com/biznis/rusija-...kon-odluke-g7/

Olaf Scholz is doing great—Merkel never would've let things get this messy. To start with, the Americans wouldn't have even bought into the idea that just tightening the screws with sanctions would make the Russians back off from the invasion. Now he can just bang his head against the wall realizing how much damage he's actually done.
Besides, those green energy types don't care anyway—they think we can just run everything on wind and sunshine.

Peter Sanders4 said:Let's be clear: they aren't getting gas for free. It's up to them to figure out how they want to handle that.

Essentially, the EU has imposed sanctions on itself that every citizen will end up footing the bill for. And if we're being honest, the US was the primary driver here, essentially ordering its loyal EU subordinate to follow suit.

It's Russia that's trying to unilaterally change contracts they already signed and agreed to. At no point did the EU stop paying for the gas they actually received.

wiredseal7 said:Olaf Scholz is doing great—Merkel never would've let things get this messy. To start with, the Americans wouldn't have even bought into the idea that just tightening the screws with sanctions would make the Russians back off from the invasion. Now he can just bang his head against the wall realizing how much damage he's actually done.
Besides, those green energy types don't care anyway—they think we can just run everything on wind and sunshine.

So what, are Russians just bluffing when they talk about turning off the taps? Or are you trying to tell me Putin is some kind of humanitarian who doesn't want the EU to freeze?

Sanctions are a necessary evil—plain and simple. And honestly? If Russia loses this war in Ukraine without them, then even better! I’m all for a free market whenever possible.

hollowdriver13 said:It's Russia that's trying to unilaterally change contracts they already signed and agreed to. At no point did the EU stop paying for the gas they actually received.

So what, are Russians just bluffing when they talk about turning off the taps? Or are you trying to tell me Putin is some kind of humanitarian who doesn't want the EU to freeze?

Europe didn't break its contracts with Russia because sanctions override any prior agreements or guarantees. But then again, Russia could argue that the Russian President's decrees sit right above ExxonMobil's gas contracts and guarantees.

The EU isn't going to freeze up since the weather is getting warmer, but industry still needs that gas.
We'll see by March 31st who's actually bluffing—this whole thing is basically a high-stakes poker game.

And Ukraine is making good money off that gas, which is just another reason why keeping those pipeline capacities running makes sense.

Terry Hernandez10 said:"The refusal of G7 nations to settle gas payments in rubles is going to trigger a total shutdown of gas supplies across Europe," comes the warning from Russia, according to Reuters.

https://hr.n1info.com/biznis/rusija-...kon-odluke-g7/

I’m actually rooting for the shutdown; let's see who blinks first.

Where exactly does the money the EU pays Russia for gas end up, and can it be redirected elsewhere?

If Russia isn't actually receiving those funds, then the EU is essentially in breach of contract—they aren't paying for the resources they're consuming.

I suspect these sanctions will only serve to accelerate dedollarization, which I view as a highly positive development.

wiredseal7 said:Olaf Scholz is doing great—Merkel never would've let things get this messy. To start with, the Americans wouldn't have even bought into the idea that just tightening the screws with sanctions would make the Russians back off from the invasion. Now he can just bang his head against the wall realizing how much damage he's actually done.
Besides, those green energy types don't care anyway—they think we can just run everything on wind and sunshine.

Since Germany is a cornerstone of the EU—and its interests are vital to the entire Union and even non-EU nations—decoupling from Russian gas is absolutely critical.
The truth is, she spent her entire tenure trading away geostrategic space to the Russians just to serve her own interests.
She was also quite diligent in supporting Russian players in the North America, such as Aleksandar Vučić.

We are all paying the price for her foolish policy of dependency on Russia, while Ukrainians are paying for our security with their blood.

Germany has finally realized that security comes with a price tag and shouldn't be used as a bargaining chip. If that cost means more expensive gas, it's still a bargain compared to the total destruction of entire nations.

It isn't just Ukraine fighting in Ukraine. All of Europe is defending itself there. If Ukraine falls, Europe is finished—because this aggressor certainly wouldn't stop at Moldova or the Baltic states.

A full rundown of every sanction, updated daily.

Live monitoring of All sanctions against Russia