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    Russia and economic war by the west

    GunshipDemocracy
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    Post  GunshipDemocracy Wed May 04, 2022 11:48 am

    Putin approved norms for the fulfillment of obligations to foreign creditors

    Putin signed a decree on the procedure for fulfilling financial obligations to foreign creditors
    '''
    MOSCOW, May 4 - RIA Novosti. Russian President Vladimir Putin signed a decree on the temporary procedure for fulfilling financial obligations in the field of corporate relations to certain foreign creditors, the corresponding document was published on the official portal of legal information.
    It enters into force from the date of publication.
    The document decides that when distributing profits to non-residents from unfriendly countries, payment is made according to the rules provided for by Decree No. 95 "On the temporary procedure for fulfilling obligations to certain foreign creditors."

    In accordance with this decree, some foreign creditors can return the debts of Russia , its regions and municipalities, as well as residents of Russia in rubles. Now commercial companies will also have this right.

    As the Bank of Russia explained: to creditors from countries that have imposed sanctions against Russia, payments should go only in rubles to special bank accounts, to the rest - in rubles or, if there is a special permit, in the currency of the debt.
    At the same time, the Ministry of Finance and the  Central Bank were given the authority to issue LLCs, economic partnerships and production cooperatives in the event of distribution of profits, exceptions for making payments to foreign creditors.

    https://ria.ru/20220504/kreditory-1786821444.html

    A bit pity its not stopping payments to countries stealing Russia's money but at least the first step is done russia russia russia


    [/h3]

    S7 Airlines will switch to a domestic flight booking system

    S7 Airlines has chosen the Russian ORS flight booking system as a result of the tender
    https://radiosputnik.ria.ru/20220504/s7-1786828216.html

    it's about time, looks like sanctions weren't  so bad after all.




    mr_hd wrote:

    I personally love Russia and I think it is great country with huge potential. Russians are very smart people, I work in big company and we do have quite big branch in Russia, our colleagues there are hard working and very skilled. Of course I do not wish that country ends bad and that ordinary people have economical issues - that is the reason I think Russian leadership lost its compass and is not going to make Russia stronger on long run - actually quite the opposite is happening. I would love that I am wrong, time will tell.

    actually the opposite. Russian leadership made the only right decision - this is the first counterattack against US /  nazi-naot aggression. Aggression crawling last 30years. To make Russia chopped into couple of unimportant  and dependent on US/UK decision makers. If being west colony is so good why Ukraine is nt so prosperous? or Salvador (under US occupation forever) is not topping income per capita?


    In long run Russia wins unless leadership starts to work for western rulers like traitor Gorbi  did. Fuckin pizza advering traitor. The most challenging though is to find partners in scientific developments, India and China would do thought every country willing is welcome.  iran is like 90 millions people... also educated and smart...


    And the second or rather the first task is to increase population numbers.

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    Scorpius
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    Post  Scorpius Wed May 04, 2022 12:18 pm

    GunshipDemocracy wrote:

    And the second or rather the first task is to increase population numbers.

    we need to double the population of Russia. 300 million Russians cannot be defeated by any force on planet Earth. This is the best guarantee of the security of the state from external aggression.
    avatar
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    Post  Arrow Wed May 04, 2022 12:21 pm

    How will you double the population of Russia?
    franco
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    Post  franco Wed May 04, 2022 12:24 pm

    Arrow wrote:How will you double the population of Russia?

    Ukrainian concubines Twisted Evil russia

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    LMFS
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    Post  LMFS Wed May 04, 2022 1:38 pm

    kvs wrote:The US is supposed to be autonomous and most technologically developed and diversified.   But that is not true today.   They are import
    dependent.

    Hey, things are improving!

    US Trade Deficit Explodes To Record High In March

    Russia and economic war by the west - Page 29 2022-05-04_05-31-15

    Russia and economic war by the west - Page 29 2022-05-04_05-39-26

    https://www.zerohedge.com/economics/us-trade-deficit-explodes-record-high-march

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    Hole
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    Post  Hole Wed May 04, 2022 3:16 pm

    And that while they are exporting huge numbers of Javelins and Stingers. Laughing Laughing Laughing

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    caveat emptor
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    Post  caveat emptor Wed May 04, 2022 4:44 pm

    Scorpius wrote:
    GunshipDemocracy wrote:

    And the second or rather the first task is to increase population numbers.

    we need to double the population of Russia. 300 million Russians cannot be defeated by any force on planet Earth. This is the best guarantee of the security of the state from external aggression.
    First make it  stop falling.
    sepheronx
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    Post  sepheronx Wed May 04, 2022 4:46 pm

    caveat emptor wrote:
    Scorpius wrote:
    GunshipDemocracy wrote:

    And the second or rather the first task is to increase population numbers.

    we need to double the population of Russia. 300 million Russians cannot be defeated by any force on planet Earth. This is the best guarantee of the security of the state from external aggression.
    First make it  stop falling.

    Last year it grew.

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    caveat emptor
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    Post  caveat emptor Wed May 04, 2022 4:53 pm

    sepheronx wrote:
    caveat emptor wrote:
    Scorpius wrote:
    GunshipDemocracy wrote:

    And the second or rather the first task is to increase population numbers.

    we need to double the population of Russia. 300 million Russians cannot be defeated by any force on planet Earth. This is the best guarantee of the security of the state from external aggression.
    First make it  stop falling.

    Last year it grew.
    I'm not sure about migration. Vital statistics are pretty deep in the red. Only if they had robust immigration.


    Last edited by caveat emptor on Thu May 05, 2022 11:21 pm; edited 1 time in total
    Broski
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    Post  Broski Wed May 04, 2022 5:42 pm

    I thought there were still more women in Russia than men due to the 27 Million (mostly men) that got killed in WW2?
    caveat emptor
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    Post  caveat emptor Wed May 04, 2022 5:49 pm

    That number is for whole Soviet Union. Yes, there is still a skew, but not as big as before.
    GunshipDemocracy
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    Post  GunshipDemocracy Wed May 04, 2022 6:51 pm

    LMFS wrote:
    kvs wrote:The US is supposed to be autonomous and most technologically developed and diversified.   But that is not true today.   They are import
    dependent.

    Hey, things are improving!

    US Trade Deficit Explodes To Record High In March

    and now lets switch payments of imported goods to Rubles Very Happy




    Scorpius wrote:
    GunshipDemocracy wrote:

    And the second or rather the first task is to increase population numbers.

    we need to double the population of Russia. 300 million Russians cannot be defeated by any force on planet Earth. This is the best guarantee of the security of the state from external aggression.



    Increasing Russian population with realistic fertility rate it would take many generations. The only way im afraid it would be to develop way to assimilate immigrants. My educated guess is Russians form former USSR + some of post Soviet republics willing to assimilate that's why recently Putin signed some acts regarding fast ways of granting Russian citizenship.

    The other way (independently) is to "include" other republics/states like Belorussia as federated (call it USSR 2.0) .

    Russia + Belorussia + small republics after former Ukraine is already ~ 180 mil. When economical/political leverage will be properly used "stan" republics joining USSR 2.0 so population can grom to 200+ millions. That's respectable amount already.

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    Scorpius
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    Post  Scorpius Thu May 05, 2022 2:29 am

    from the Crimea, it is reported that railway communication with the Crimea through the Kherson region has been restored. So far, only transport, in the future - passenger.

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    GarryB
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    Post  GarryB Thu May 05, 2022 6:10 am

    EU strategy not to rely on Russian energy will hurt it more on short term but on long term - Russia will suffer more

    Not at all. The EU strategy of being economically competitive by taking advantage of cheap gas piped first from the Soviet Union and then from Russia allowed them to cut their production and operational costs so their products could be cheaper or their profit margins could be higher or both.

    Rejecting cheap energy will damage the EU economy and force it to turn to other more expensive options and technologies all of which will cost money to develop and might not give the expected results like wind and solar power have failed to live up to expectations so far.

    Russia wont suffer because they have the gas.... if the EU does not buy it they can sell it to any other country on the planet which would be very keen to get a large sustainable supply of cheap reliable energy.

    Even if they just use it themselves cheap energy will boost their economy and improve the quality of life.

    Claiming Russia will suffer more is based on the premise that Russia can't survive without the west... which is totally unproven and likely totally wrong.

    And it will not stop at this, once EU gets rid of oil and gas Russian financial institutions will be kicked out of SWIFT etc...

    SWIFT is a communications system to enable the quick and easy shifting of money around the place... it is a major western system but there are plenty of other alternative systems that do the same thing.

    With the West banning Russia from most aspects except energy Russia has little real need for SWIFT and adding energy and any other minor links to the chopping block means Russia would have no use for SWIFT anyway.

    On long run Russia will even more slow down with its economical growth and transition -and its overall record is already not so good compared to CEE and Baltics countries for example.

    Hahaha... Russia is balancing its budgets, has large reserves and tiny debts and is in the process of now replacing a lot of technology and material it previously bought from the west. Comparing GDP means very little for a country that is upgrading and growing and developing and starting a new chapter in its history opening up to the rest of the world.

    In comparison the west is stagnating under foreign debt that Covid just made much worse, though it didn't have an enormous effect on the west because the west does not make anything any more... it is all outsourcing.

    This mess in Ukraine already costs way too much.

    A terrible cost in Russian lives, but otherwise a necessary endevour to secure Russia from the crazy people in the US leadership.

    Of course, because the colossal Asian market as well as the middle eastern, south american and african market doesn't exist.

    Made more interesting because they are growing developing markets that offer potential to feed growth and development and therefore make a lot of money... but the way the west does that all the money goes to the west... the way Russia and China do it both sides develop and grow and make money... a very important difference for the third world if they don't want to keep being called the third world... they have no chance to join the first world of course but Russia and China can lift them up to the second world....

    The way I see it the West had organised the world into convenient little boxes
    (a modern form of colonialism )

    Russia = gas station and commodities .... (in fact the entire southern hemisphere as well)
    China and SE Asia = mass production of low margin manufactured products
    ME = gas station
    India = call centres and programmers ... and lots of farmers

    I agree that is how the west views the world and how they would like the world to be, but the presence of Russian nuclear weapons and technology every bit as good as that in the west shows what a narrow view of the world the west actually maintains for itself.

    There are countries in Africa and Asia and other parts the west considers to be the third world that are not dirt poor.

    G7 = high end high margin manufacturing .... top of the pile

    Colonial west with Canada thrown in to give the US two votes on everything.

    The hedge fund managers of the world that don't make anything any more...

    G7 group are desperately trying to hold onto the high tech position
    because there are 1 billion of them
    and if the other 7 billion get into high tech then sheer number of brains working on stuff will eventually crush them -
    they can see that clearly .... eg China

    Very true, but the G7 is just the US with its lynch mob... the purpose of HATO is to keep the EU and Russia apart because if they got together what would the EU need the US for.... it is further away and things it is in charge... which in the case of the west it is, but not for the rest of the world it isn't.

    The US is trying to use India the same way it is using the EU as a counter and blocking move to prevent India and Russia and China from cooperating... their moves so far have pushed Russia and China together and India is realising their future would be better with Russia and China than anything the US would let them have.

    G7 are 50% of world GDP now .....

    Which just shows what a bullshit metric GDP really is.... if the G7 were teleported to a galaxy far far away right now the world would continue on pretty normally...

    Their GDP is based on the value and use of the US dollar which has been poisoned by the US herself in using it as a weapon which is breaking trust in it...

    globalisation was invented for the benefit of the G7 - is another way of putting it

    the "rules based order" .... rules made by the G7 .... for the benefit of the G7

    Rules they impose on others to chastise other countries despite ignoring those very same rules themselves...

    anyway that's the way it looks to me - just my view

    Thank you for sharing. Smile

    Well there are few wrong assumptions - first EU can not in any case get rid of Russian energy import quickly. Simply it is impossible to switch off on short notice something like that and disconnect trade and infrastructure links that are build over period of 70 years.

    That is what the EU itself claims it is trying to achieve, just like Solar and Wind technology was going to save them too but it turns out to be expensive and unreliable. Of course another decade or two of investment and use it might become interesting but the EU is likely to thrash around and turn to coal again or some such stupid idea that led them to damage their relations with Russia and its cheap gas in the first place.

    For example Germany has gas contract that stipulates that it has to pay certain amount of Russian gas till 2030 even if country will not consume it. Of course that contract was signed in different times and was ok for both sides since assured stability of supply and production with relatively competitive and profitable prices. But right now no one can guarantee that those contracts can be fulfilled since relationship became too much toxic - no courts or legal institutions can repair that.

    If Germany had any say in the matter there would be no problems at all, but this is Americas game which means cutting off all Russian trade with Europe is the goal... the purpose is to cut off income for Russia but Russia can sell gas energy to any country around the world... the core purpose of the Zvezda Shipyards being upgraded and expanded in the Far East is to build LNG tankers the way South Korea makes them... as a backup it can build very large ships like cruisers and CVNs eventually but at the core it will be about gas and oil carrying ships for Russia.

    Second EU is not united so much, each country actually has its own national energy policies, that is of course weakness that is now fully exposed. United EU as single buyer on international market is totally different animal even compared to Germany for example. We see this already in LNG market where EU is right now the hottest and most lucrative market, it is so lucrative that it pushed away Asia which was unimaginable thing just few months ago.

    Hahahahaha... hottest is bad for the customer... lucrative means high profit margins because the gas price is higher than it should be so even if you normally flog your gas in Asia where the prices are higher it is currently worth while for US companies to ship their gas to Europe... which as you can imagine is not easy or cheap going from the US to Asia means shipping through the Pacific so getting to Europe via the Pacific ocean is a pain in the ass so it will have to be very expensive to make it worth changing.

    Third - no serious country or entity like EU can afford to be energy depended and be serious power.

    All countries depend on energy, and they flourish and grow with cheap energy and suffer and stagnate with expensive energy driving the cost of everything up.

    That is the reason why China will be very careful and will not allow that Russian energy import becomes only dominant one and make China dependent - even if Russian energy right now has super attractive below market price.

    China will invest in changing from using coal for energy generation to using gas because it is cheaper and cleaner and easier to transport.

    Dependency is OK if the supplier does not use it like a weapon like Russia does not.

    The EU on the other hand are trying to weaponise Russian gas and they are going to lose their reliable dependable cheap energy source... and it is really funny because despite the US pushing it they will blame Putin.

    He wont care... it is just further evidence if evidence were needed that the EU are idiots that are led by the nose by the US.

    For the EU and long term strategy diversification is the goal - that is why it will build more LNG terminals even if that is more expensive compared to pipelines, but once infrastructure is built (additional terminals and interconnectors) it is much more easy to change supplier in case of a need - it makes long term perfect sense.

    You are not understanding the scale of the problem... if all the tankers in the world were used exclusively to supply the EU with gas they would only supply about 2/3rd of what they use now.... there is not enough infrastructure available to receive even that amount of gas per year and of course all those tankers are already working fulfilling other contracts... so the EU would have to build all the gas tankers currently operating in the world plus 50% more.... which would cost trillions, and they would also need to build the infrastructure to support all those ships in ports across the EU... and that would deal with the current demand but demand was expected to increase over the next few years which is why Germany and Russia built NSII and Russia also built SSII as well.

    And even taking all of that into account it costs money to first liquify and then transport and then convert back into gas this product so even if the ships were already built and all the gas terminals were ready to receive them and there were places that could supply the gas in that volume (which there isn't for any of those things BTW), the gas the EU would be receiving would be a bare minimum four times more expensive than Russian delivered gas that can be sent with the turn of a few taps and it starts arriving immediately.

    If you ban Russian Gas Pipelines and demand only LNG then Russian LNG would still be two to three times more expensive than piped gas.

    The EU does not buy Russian gas to help Russia, they buy it because it is the cheapest option and they are the only producers that can produce the volumes the EU needs now and also able to expand capacity for future needs as Coal and Nuclear power generation was to close down in Europe.

    Fourth - energy is serious leverage that Russia has over EU. Without that situation totally changes for worse for Russia.

    Leverage they have never used because just like the US using the US dollar against Russia and lots of other countries... it is a terribly weak power because when you use it as a weapon you destroy its power and make it useless.

    Russia doesn't want EU gas prices to be thousands of dollars per thousand cubic metres because at that price most consumers can't afford to use it.

    They want a reasonable price so customers use it.

    The US wants high prices because they can't compete fairly against Russia in the EU market for gas.

    Yes it will not break Russia but it will make sure doing international business with Russia much more difficult and expensive.

    It will damage relations between the west and Russia but the rest of the world it will be business as usual... in fact China hasn't had cheap gas imports all this time because it was all going to Russias enemies in Europe. This little tantrum by the EU created by the US wanting to sell gas is fantastic for Russia and China, because Russia stops helping evil colonial powers who want to kill them and steal their land and resources, and starts helping China who, like Russia just want to remain independent and soverign.

    Russia is basically developing too slow already for last 3-4 years despite huge income from resource and agro products exports.

    Russia has become independent in food production and now all ties with western commerce are being broken at both ends... the future for Russia looks very bright.

    I personally love Russia and I think it is great country with huge potential. Russians are very smart people, I work in big company and we do have quite big branch in Russia, our colleagues there are hard working and very skilled. Of course I do not wish that country ends bad and that ordinary people have economical issues - that is the reason I think Russian leadership lost its compass and is not going to make Russia stronger on long run - actually quite the opposite is happening. I would love that I am wrong, time will tell.

    You are in a minority... most who went to Russia wanted to steal from it and make money for themselves.... the Browder types and the Clintons asset stripped the place in the 1990s and damaged the country they pretended they were trying to help... Russia does not grow by being bought by the west... the US prints its own money and so they can offer any price they please but it means nothing. Now that the US is printing too much money and using their dollar as a weapon then countries are going to wake up to the danger and when they stop using it and stop accepting it printing more wont help if no one accepts it any more.

    I do not wish bad things for the west but the west is broken... the politicans on all sides are owned by the super rich who could care less about their countries or their people.... they are feeding the war in Ukraine to make money on new Javelins and new MANPADS to refil their weapons stocks... they are scum... but you wont read about the truth because they own the news media too.

    Bigger economies such as India and supposedly bigger Germany can't.

    Germany abstained from a UN bill to ban the glorification of Nazism... they abstained....

    Pussies. Cowards. Those who forget history are doomed to repeat it.

    The most challenging though is to find partners in scientific developments, India and China would do thought every country willing is welcome. iran is like 90 millions people... also educated and smart...

    There are smart people everywhere... for the last 100 years the smartest people in the west did not have western names most of the time and were collected together from all sorts of strange places... many people in the rest of the world gravitate to the west to earn their fortunes and fulfil their potential... moving forward the best jobs and the best projects might not be in the EU or the US...

    we need to double the population of Russia. 300 million Russians cannot be defeated by any force on planet Earth. This is the best guarantee of the security of the state from external aggression.

    Always go for quality rather than quantity... improve the quality of life for Russians from Moscow down to the smallest little villiage in the middle of nowhere and the population will increase on it own.

    @GD... the like was for rubles for US imports from Russia, not the population stuff.... Smile

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    Kiko
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    Post  Kiko Thu May 05, 2022 4:01 pm

    What will be the justification of the West for robbing Russia, by Gevorg Mirzayan for VZGLYAD. 05.05.2022.

    "The legal level is not that simple." With these words, the head of the European Council, Charles Michel, essentially admitted that the confiscation of property of Russians in Europe is a complete lawlessness. However, both the United States and Europe are intensely looking for formulations that will allow this lawlessness to be justified. What might these formulations look like and how will they backfire on the West as a whole?

    "They took it and stole it." This is how Russian Foreign Minister Sergei Lavrov described the process, which in the West is called “the freezing of Russian assets because of the war in Ukraine.” Adherents of this point of view assure that there was no theft - money and property are precisely what are frozen within the framework of the sanctions packages adopted against Russia.

    However, the freezers, apparently, are sincerely trying to prove the correctness of the definition of the Russian minister. “Personally, I am absolutely convinced that it is extremely important not only to freeze assets, but also to make it possible to confiscate them, to make them available to a recovering country. I am personally convinced of this!” - says the head of the European Council, Charles Michel.

    Right of withdrawal

    And here he once again expresses not so much a "personal conviction" as a demonstrative readiness to follow in the wake of the American approach. After all, it was in the United States that the question of the seizure of Russian property for Ukrainian needs was initially raised.

    “Ukraine needs all the help it can get, and at the same time, we need all the funds that we can collect and give to help Ukraine. The time has come for the sanctioned Russian oligarchs to answer for the wealth they have acquired here by criminal means,” said Senate Democratic leader Chuck Schumer. By “wealth,” he meant yachts, houses, art, and even helicopters. Of course, he defined “crime” on his own, without any trial (not to mention the fact that if the oligarchs and money are Russian, then the court should be Russian).

    And the White House administration absolutely agrees with him - as well as the leadership of the Republican Party. “The idea is the subject of consensus of the legislative and executive authorities. Biden came up with the relevant initiatives, such projects have been proposed in Congress for a long time, ”Ivan Timofeev, RIAC Program Director, explains to the VZGLYAD newspaper.

    “The possibility of passing a law according to which the United States can confiscate Russian private property seized in their jurisdiction and transfer it to others (primarily Ukraine) is inevitable. Biden has already sent this initiative to Congress, and the House of Representatives voted for it, ”Dmitry Suslov, deputy director of the Center for Comprehensive European and International Studies, tells the VZGLYAD newspaper. Only a few congressmen spoke out against - according to them, the resolution violates the 4th amendment to the US Constitution (on the inviolability of private property). As Congresswoman Alexandra Ocasio-Cortez notes, this "creates a risky precedent in which a future president could abuse his new powers."

    Yes, a violation of the 4th Amendment is a serious obstacle. It outraged not only several congressmen, but also human rights organizations. That is why the bill has not yet become a law, but only a resolution. However, experts have no doubt that the Biden administration will put the frozen property of Russian oligarchs up for auction anyway. “According to the White House, it is estimated at one billion dollars,” says Dmitry Suslov.

    There is no 4th Amendment in the European Union, but the principle of inviolability of private property exists. And Charles Michel has already stated that this principle will be circumvented.

    “I am a lawyer, I am aware that the legal level is not so simple. In many EU states, a court order is needed to make this possible. It takes time, it is a complex and long process. But I have instructed the legal service of the Council to prepare several possible ideas to find a legal solution in accordance with the principles of the rule of law,” he said.

    State trace

    It is possible, however, that the speech will not be limited to the sale of Russian private property. “Not far off is the adoption of a law according to which similar actions can be performed with Russian state property, primarily foreign exchange reserves. There has long been talk that the frozen Russian $300 billion should be withdrawn from Russia's ownership and transferred to the ownership of Ukraine, for the restoration of this country, ”continues Dmitry Suslov. And this is a completely different story with completely different consequences.

    It would seem that the United States has already made such passages. “This is not the first case - it has already been tested in Venezuela, when the money of the Venezuelan government was frozen and it was about their transfer to the so-called democratic government,” says Ivan Timofeev.

    However, there is a big difference between the Venezuelan case and the potentially Russian one. “Yes, the United States transferred frozen and seized funds to other representatives of the same state - in particular, this was the case with the transfer of Venezuelan money stored in America to Juan Guaido, whom the United States recognized as the de jure leader of Venezuela.” Here we are talking about the fact that money belonging to Russia with legitimate, according to the United States, power (because America continues to recognize Vladimir Putin as the president of the Russian Federation and does not withdraw its embassy), is transferred to a third country for no clear reason.

    And here the question is not about private property, but about state property. Russian gold and foreign exchange reserves (as well as Russian state property abroad) are funds that are subject to the sovereignty of the Russian Federation. Seizure of this property and transfer to a third country is a direct encroachment on Russian sovereignty and the principles of not even national, but international law.

    Yes, the United States has always cared deeply about international law. “If an appropriate legal framework is adopted, then the executive authorities may well carry out the confiscation of frozen Russian property,” says Ivan Timofeev. However, Europe is not so strong, united and, so to speak, bold. That is why Charles Michel will seek grounds for the transfer of Russian reserves to Ukraine - and his appeals to "justice" are out of place at the moment.

    The problem of the European Union is that they will not find any grounds within the framework of international law. More precisely, they theoretically can be, but in fact are not expected.

    “Hypothetically, the transfer of Russian money to Ukraine is possible by decision of a tribunal recognized by the entire international community, or after Russia signs a declaration of unconditional surrender, under which Moscow itself would agree to the deprivation of sovereignty (which applies to Russian gold and foreign exchange reserves),” says Dmitry Suslov. Tribunals (the same UN ones), if they consider such a case, then for many years, and during this time the Ukrainian “donkey” in the person of a state with existing borders and / or controlled by the current authorities will die. As for the act of unconditional surrender, Moscow is not going to sign it - and it is hard to imagine that it will ever be.

    To end

    The Russian authorities have already warned Washington that the requisition of Russian assets will lead to the requisition of American ones. “It is right with respect to a business located on the territory of the Russian Federation, whose owners are from unfriendly countries where such decisions are made, to respond with mirror measures: to confiscate these assets. And the proceeds from the sale will be directed to the development of our country,” said State Duma Speaker Vyacheslav Volodin. The same will be done with European assets (of which there are more in the Russian Federation). Together, these assets, according to Volodin, amount to 500 billion dollars - that is, one and a half times more than the Russian ones frozen in the West.

    In addition, such behavior of the United States and Europe will lead to the flight of foreign investment from their economies, as well as a number of states from the dollar as a reserve currency. “A number of countries have already thought about whether it is worth keeping their assets in the United States, given that in the event of some unforeseen situations they can be frozen and transferred to the enemy,” says Ivan Timofeev.

    However, Washington, most likely, will not be stopped by these problems and beliefs - after all, it perfectly understands what it is doing.

    “The United States has taken a long-term course towards a hybrid war with Russia to the bitter end, and the decision to expropriate Russian property is an element of this policy that confirms its essence,” explains Dmitry Suslov. – These actions fit into the rhetoric of the White House that the United States will seek the weakening of Russia, the defeat of Russia and the defeat of Russia – including in Ukraine. America needs a humiliating military defeat for Russia, which means there will be no need to engage in dialogue with the Russian Federation until the ultimate goal is achieved: the fall of the Putin regime and a fundamental change in Russia. And it is possible to build a dialogue with the new Russia,” says Dmitry Suslov.

    The question is whether this point of view is shared in the European Union? Not European bureaucrats from Brussels (everything is clear with them), but the heads of national states, who should live next to Russia? It is the Americans who can sit out across the oceans, wait for a new Russia and sincerely believe that before it appears, they can burn any bridges in relations and allow themselves almost any actions. Typical, in general, behavior for thieves - until they see the sheriff's colt. But first, this sheriff will come to Europe - its door is closer.

    https://vz.ru/world/2022/5/5/1157126.html

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    Post  GarryB Thu May 05, 2022 9:37 pm

    The really funny thing is that the west actually seems sincerely upset and surprised when Russia responds to this shit in kind... when Germany introduced censorship and banned the german Russia Today channel from broadcasting in Germany they seemed to actually be surprised that Russia responded by closing their German equivalent in Russia and they actually had the balls to complain that Russia was violating rules regarding freedom of speech in banning this German media outlet...

    They are such hipocrites.

    Russia needs to step up now that there clearly is no future with the west, their retaliation should not just be in kind, there should be consequences for western actions and attacks... if a western country kicks out 6 Russian diplomats then Russia should kick out twice as many of theirs and if that empties their embassy then close it.

    Throwing shit against a wall to see what sticks should not be a painless game... that is what bb guns and paintball guns are for... aim for the legs... but don't be too upset if you hit them in more serious places... they started the game, a game you don't want to play... make them want to quit first.

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    Post  lancelot Thu May 05, 2022 10:25 pm

    If they were doing the same things the West has been doing to Russia, they would ban sales of titanium metal and parts to Western aircraft companies. Ban sales of enriched uranium and other nuclear materials to the US. Ban sales of sapphire crystals and wafers to US companies. Ban sales of neon gas to Western semiconductor companies including TSMC. Ban sales of nickel to South Korean and Japanese battery companies. The list goes on.

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    Post  rigoletto Thu May 05, 2022 10:58 pm

    lancelot wrote:If they were doing the same things the West has been doing to Russia, they would ban sales of titanium metal and parts to Western aircraft companies. Ban sales of enriched uranium and other nuclear materials to the US. Ban sales of sapphire crystals and wafers to US companies. Ban sales of neon gas to Western semiconductor companies including TSMC. Ban sales of nickel to South Korean and Japanese battery companies. The list goes on.

    In several cases instead of banning (which may bring issues to Russian industries) they could increase the price dramatically and/or in some cases, instead of selling, they could demand a "partnership" getting fraction of the profit.

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    Post  lancelot Thu May 05, 2022 11:14 pm

    The Russian President signed a decree where the government is supposed to have 10 days to come up with a list of companies to sanction.
    So the sanctions will be done company by company. Like the US did with UAC, Aerocomposit, Angstrem-T, etc.
    http://en.kremlin.ru/catalog/keywords/128/events/68347

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    Post  ALAMO Fri May 06, 2022 2:34 am

    lancelot wrote:The Russian President signed a decree where the government is supposed to have 10 days to come up with a list of companies to sanction.
    So the sanctions will be done company by company. Like the US did with UAC, Aerocomposit, Angstrem-T, etc.
    http://en.kremlin.ru/catalog/keywords/128/events/68347

    This "sanction" shit is in reality the worst case scenario.
    For decades, ze Wezt was using it without any hesitation, on a wide scale.
    The problem is, that this behavior made us all forget, that a sanction is a de facto act of war.
    As long as they have unleashed it against some banana republic in the middle of nowhere - the global repercussions were null.
    But this time, they are trying to target the world's resources hub, forgetting that they can share the favor.
    No propaganda campaign will save the fate of EU political class when they will start to freeze in winter.
    The rage will start first in the south of Europe, as they are not prepared for it. They are used to living a comfortable, easy living.
    Imperial Japan went to war because of sanctions, that choked the Japanese economy. And not the war with the US at the beginning, they have searched the easier targets first.
    Now, the situation is absurd.
    Ze Wezt put the sanctions on the supplier of the resource.
    That would lead to a mass shutdown of industry and a drop level of life.
    An example: there is a refinery in Schwedt, Germany. It is owned by Rosneft at the moment, and what is fascinating, Rosneft is Germany's second refiner, after Shell. But the whole infrastructure there is set for refining ural crude oil, delivered via the Druzhba pipeline. If there will be no Russian oil import, this refinery is gone. Resetting it for other oil types is a costly and long-term investment, a huge reshape of the whole system. And it will still lack the resource supply to work with.
    I will repeat it again and again: this whole situation is in reality an Anglosaxon war unleashed against united Europe. They are doing that with help of the corrupted political class of the EU structures, which are acting over the heads of indigenous countries' regimes, and are not a subject of any democratic process. If brought to an end, it will break the neck of Europe as a major economical player.

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    Post  Hole Fri May 06, 2022 8:09 am

    It is the Americans who can sit out across the oceans

    This is absolutely wrong. You can´t sit out inflation, trade deficits and huge debt. And you can´t hide from Sarmat, Poseidon and Tsirkon.

    Russia and economic war by the west - Page 29 Fr8rxb10

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    Post  GarryB Sat May 07, 2022 2:21 am

    The Americans think their physical isolation is a strength, but if everything is imported then it is not.

    When no one accepts US dollars for anything what will they pay with?

    The gold in Fort Knox is like Shrodengers cat... it is both there and not there at the same time.

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    Post  Hole Sat May 07, 2022 7:39 am

    According to some experts (some of them were guests at Max Keiser´s show), there is gold in Fort Knox but it is mostly of low quality. Most of it was made 60+ years ago. Not comparable to the standard of the last 30 or so years. You couldn´t sell it on the open market, at least not to market prices.
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    Post  Hole Sun May 08, 2022 7:51 am

    https://thesaker.is/europes-mad-ban-on-russian-oil/
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    Post  kvs Sun May 08, 2022 8:31 am

    Hole wrote:https://thesaker.is/europes-mad-ban-on-russian-oil/

    The story here is that EU-tard quislings of the US deep state operate under the delusion that Russia's economy will fail long before
    any of the consequences of their sanctions bite them in the ass.   Russia was supposed to fail by April but now these NATzO clowns
    plan for it to fail by fall of 2022.  

    This fall, NATzO's EU district will be in for the shock of its existence.   I think that the doubling down will crumble when the pain arrives.

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