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    Russia and economic war by the west

    Hole
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    Post  Hole Sat Mar 26, 2022 8:21 am

    Defaulting on the debt they owe Russia/Russian companies but lamenting about "compliance with contracts".

    This saga will end like the one with the "ukrainian" gas deals, when the criminals in Kiev "stopped" buying russian gas and instead bought gas from Poland and Germany. The gas was still from Russia but the dumbasses paid more. German companies will end contracts with russian companies and buy oil and gas from indian companies. Or turkish companies. The stuff will still come from Russia, will be paid in Rubles or whatever but the clowns in Berlin can buckle down in front of Uncle Joe and state that they fulfilled his will.

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    magnumcromagnon
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    Post  magnumcromagnon Sat Mar 26, 2022 9:04 am

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    Post  magnumcromagnon Sat Mar 26, 2022 9:45 am

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    magnumcromagnon
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    Post  magnumcromagnon Sat Mar 26, 2022 9:46 am

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    Autodestruct


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    Post  Autodestruct Sat Mar 26, 2022 10:15 am

    par far wrote:
    Scorpius wrote:
    par far wrote:I am a little confused about the Russian gold reserves, are they in Russia or not? The assholes are trying to get it.


    The central bank claims that all the gold is in Russia.



    So how can they get it? Why is Boris the clown running around trying to get it?

    They probably mean they are going to shut out gold swaps. They are contracts based on loaning out certificates of ownership for gold for money with the requirement to buy it back in time. (The gold never physically changes hands)

    https://stats.oecd.org/glossary/detail.asp?ID=1127

    I doubt they can do anything to prevent the Russian Central Bank from performing physical deliveries or using gold as collateral in contracts in other (non dollar or euro) currencies. And I don't think Russia is doing a lot of gold swaps anyways.

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    Post  JohninMK Sat Mar 26, 2022 10:15 pm

    Autodestruct wrote:

    They probably mean they are going to shut out gold swaps.  They are contracts based on loaning out certificates of ownership for gold for money with the requirement to buy it back in time.  (The gold never physically changes hands)

    https://stats.oecd.org/glossary/detail.asp?ID=1127

    I doubt they can do anything to prevent the Russian Central Bank from performing physical deliveries or using gold as collateral in contracts in other (non dollar or euro) currencies.  And I don't think Russia is doing a lot of gold swaps anyways.

    Especially via the Shanghai Gold Exchange. Which is now the largest, London and NY were slowly disappearing in the rear view mirror but all this could speed that process as everything shifts east at a faster pace.

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    Post  kvs Sun Mar 27, 2022 5:33 am

    The butthurt and pathetic cope in the west over Putin's rubles for goods announcement is insane.   McFail's tweet about
    putting money for Russian energy in escrow sums up how badly f*cktarded the western commentariat is.   They really
    think they can demand something of Russia and it needs to obey.  

    If you f*cktards are not happy with paying for Russian goods, then get yourselves the f*ck other suppliers.

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    Hole
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    Post  Hole Sun Mar 27, 2022 7:14 am

    Russia and economic war by the west - Page 12 Foy8le10
    Fertilizer prices.

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    miketheterrible
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    Post  miketheterrible Sun Mar 27, 2022 7:24 am

    kvs wrote:The butthurt and pathetic cope in the west over Putin's rubles for goods announcement is insane.   McFail's tweet about
    putting money for Russian energy in escrow sums up how badly f*cktarded the western commentariat is.   They really
    think they can demand something of Russia and it needs to obey.  

    If you f*cktards are not happy with paying for Russian goods, then get yourselves the f*ck other suppliers.

    As soon as the taps are turned off, expect loud crying and empty threats till they got nothing left.

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    Post  ALAMO Sun Mar 27, 2022 8:45 am

    Hole wrote:Russia and economic war by the west - Page 12 Foy8le10
    Fertilizer prices.

    Das ist doch die Schadefraude Idea

    But seriously, my brother in law family are big farmers. They operate 1000ha or something. We had this discussion perfectly a year ago when we met at Eastern breakfast.
    It was just after the peak of anti-Lukashenko hysteria, that brought us "more sanctions" towards Belarus.
    They are a big buyer of fertilizers, and back then already an agent they worked with for years, told them to buy as much as they can, because there will be a shortage and prices will skyrocket.
    I won't dare to imagine the current situation. It will be fuckin' end of days.

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    magnumcromagnon
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    Post  magnumcromagnon Sun Mar 27, 2022 11:09 am

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    Post  magnumcromagnon Sun Mar 27, 2022 11:09 am

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    Post  GarryB Sun Mar 27, 2022 1:55 pm

    Hahaha, they are thanking Putin for unity in the G7, HATO, and EU summits... but those three orgs are yes clubs for the US and always have been... do any of the members even get to write their own scripts or do they just read what they US gives them to read?

    Unification is normally good, but only when it is properly debated and a consensus is reached amongst the group.

    Unificaition based on one country giving orders and the rest meekly complying is not unification, it is dictatorship, and in this case the ship is sinking and the commander (the US) is demanding the other members go to the bottom of the ship to add their bodies buoyancy to help keep the boat floating a bit longer... they tried with the G20 because that would add more bodies but they think for themselves and refused to sacrifice their economy and their people to make the US feel better.

    Even if they did what they were told it wouldn't save the US anyway... someone accidentally elected the court jester to ships captain and they have no idea what they are doing, but it is the uniform they are obeying... not the evil criminals directing the crew to beach the ship to stop it from sinking.

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    JohninMK
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    Post  JohninMK Sun Mar 27, 2022 11:01 pm

    Spriter
    @spriter99880
    ·
    18h
    "Today, the United States is an economic vampire in which it is high time to drive a hawthorn stake. Biden is a war criminal who covers up the Pentagon's long-standing crimes. Save your countries. "Don't let one stupid cowboy destroy the rest of the world,"

    Kadyrov told Europe: "Don't let the 'stupid cowboy' Biden destroy the whole world."

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    magnumcromagnon
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    Post  magnumcromagnon Mon Mar 28, 2022 12:44 am

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    Post  AlfaT8 Mon Mar 28, 2022 2:32 am

    Switching to odysee, for obvious reasons.

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    magnumcromagnon
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    Post  magnumcromagnon Mon Mar 28, 2022 3:22 am

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    Post  par far Mon Mar 28, 2022 7:54 am

    There is a drug/medication shortage, can India and China help here?



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    miketheterrible
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    Post  miketheterrible Mon Mar 28, 2022 8:29 am

    There really isn't one. Some companies had to close in recent past due to overproduction and lack of customers in pharma in Russia.  Same with sugar industry.

    Whatever is needed will be made as a generic brand.

    India is also world's largest producer of pharmaceutical. They may see opportunities to make in Russia.

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    Post  GarryB Mon Mar 28, 2022 1:54 pm

    Yeah, panic buying is a problem too, here in NZ people went crazy when the first word of lockdowns started and for while there was a shortage of toilet paper because everyone started buying as much as they could find. We make toilet paper here, and even if you run out other types of paper or other alternatives can be used... nobody ever died from lack of toilet paper, but people would fight over the stuff in supermarkets... it was ridiculous.

    Shops started limiting the amounts that could be bought per person and production caught up with the spike in demand.

    Obviously with medicine it is different and Russia needs to boost domestic production as well as alternative sources for drugs and their generic alternatives.

    Sometimes generic alternatives are not as good but better than nothing, but sometimes they are better and have fewer side effects than the expensive drugs from the west.

    This is an enormous opportunity for Russia to start focussing on drugs to cure problems instead of the wests focus on treatments...

    IP and copyright on life saving drugs should be waived... if they are not supplying their drugs anyway then they are not losing money... till Russia starts to export the products when serial production kicks in.

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    Post  Scorpius Mon Mar 28, 2022 4:18 pm

    magnumcromagnon wrote:

    I discussed this just recently with one of my colleagues at work. To put it roughly, the Russian budget includes the cost of oil at $42 per barrel at a rate of 73 rubles per dollar. This is even less than the classic "barrel of 3,500 rubles." And with these parameters, the Russian budget was stable. But now we are dealing with an oil price of about $ 110 per barrel at a rate of 96, which gives us 10,500 rubles per barrel...

    In general, Russia can now afford to cut oil exports three times - and still fill the budget with the right amount of rubles.

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    Post  Hannibal Barca Mon Mar 28, 2022 5:05 pm

    Who would have guessed.
    Russia is winning the economic war and losing the hot war.
    mnrck
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    Post  mnrck Mon Mar 28, 2022 7:01 pm

    Payment in rubles for gas start on March 31st. No ruble no gas.

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    Post  ALAMO Mon Mar 28, 2022 7:27 pm

    mnrck wrote:Payment in rubles for gas start on March 31st. No ruble no gas.

    And one can buy rubles at any rubles store Laughing Laughing Laughing Laughing Laughing

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    Post  GarryB Mon Mar 28, 2022 7:51 pm

    Who would have guessed.
    Russia is winning the economic war and losing the hot war.

    Correction... winning the economic war, losing the western propaganda war, winning the actual war on the ground in the Ukraine.

    **** the propaganda war in the west... relations with the west are over, they are done... Putin has noticed this is personal... the west wants Russians dead so they can take their resources without paying for them. China wants Russian resources too but is happy to pay a fair price for them.

    The west wants terms akin to what the colonial power imposes on the damn natives... and be grateful about it too...

    Russia can't trade on those terms.

    The EU countries and the UK and the rest of the west are happy to be little puppy dogs who do as they are told or get spanked by daddy America, because they have no balls and no spine and no integrity or culture or ethics or morals.

    The west needs the resources of Russia so they will trade, but hide it or keep turning up their noses at Russia being evil and bad and all sorts of names, but Russia needs to look to the rest of the world for real trade and real growth and development... proper mutual trade and mutual growth to lift those third world countries up and bring Russia up at the same time... what America should be doing, but does the opposite... as seen it pushes countries like Russia and China down and tells them what to do.

    Kievs forces are revealing themselves to be monsters to their own people... it doesn't matter what CNN or the BBC says, they will know and that will effect how they vote in elections and referendums and they can choose to join Russia like the Crimea did or they can choose to separate from the nazis in Kiev like the Lugansk and Donbass and either be their own state or join with them to create a bigger state... the US and Macron and the UK will have no say at all... the people of the Ukraine will decide, but their choices will not include EU or HATO membership. After sending weapons for Ukrainians to die using I would wonder why they would even consider choosing that to be honest.

    The reality is that the economic situation and the military situation are the only things that matter... the western propaganda is not reality, or not useful reality.

    2 out of 3 is all they need, **** the west.

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