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(Global Geopolitics)   Continuing economic sanctions against Russia will only send the Dollar and Euro to an early grave   (glblgeopolitics.wordpress.com) divider line 65
    More: Interesting, Russia, international sanctions, national currency, European markets, Russian economy, military technology  
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1143 clicks; posted to Business » on 05 May 2014 at 12:48 PM (12 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-05-05 10:17:50 AM
the consequences for us will be much worse if we don't punish Russia now for its belligerence.  We have to be willing to suffer a little bit now to show Russia we will stand up to them or we will suffer a lot later.  As much as this may hurt us, it will hurt Russia a lot more.
 
2014-05-05 10:32:40 AM

SlothB77: the consequences for us will be much worse if we don't punish Russia now for its belligerence.  We have to be willing to suffer a little bit now to show Russia we will stand up to them or we will suffer a lot later.  As much as this may hurt us, it will hurt Russia a lot more.


Yes, let us harm ourselves and our allies so we can seem tough.  That's not a terrible idea.
 
2014-05-05 10:38:03 AM
Just push the button

/the red one
 
2014-05-05 10:43:10 AM
Actual article this shiatty blogger copy-pasted is here:

http://voiceofrussia.com/news/2014_05_04/Russia-can-switch-to-payment s -with-India-China-in-national-currencies-crushing-dollar-amid-sanction s-experts-8018/


voice of russia. Really, clearly, the most unbiased source of information on the subject.

Subby, your blog sucks. Stop parrotting talking points from Russian media.
Very possibly owned by one of the oligarch buddies of Putin.
 
2014-05-05 11:03:26 AM

MaudlinMutantMollusk: Just push the button

/the red one


she shiny, candy like button?
 
2014-05-05 11:07:30 AM
Russia has been threatening to do this for years.  Unfortunately for the rest of the world, the 2008 collapse reminded everyone that the US economy is still the lynchpin of the global economy.  They won't be bringing us down anytime soon unless they want to bring everyone down with them.
 
2014-05-05 11:15:05 AM
Ruble ruble ruble ruble.

- It's not only the Hamburgler's Creed, it's a delicious currency.
 
2014-05-05 11:21:56 AM
Now that I've actually looked at the article, that's farking stupid.  Russia really doesn't have a play here.
 
2014-05-05 12:41:13 PM
Russia still has all those dollars they have to do something with. Say they give them to India or China, so what? That only passes the credit off, it doesn't eliminate it.
 
2014-05-05 12:55:59 PM

Generation_D: Actual article this shiatty blogger copy-pasted is here:

http://voiceofrussia.com/news/2014_05_04/Russia-can-switch-to-payment s -with-India-China-in-national-currencies-crushing-dollar-amid-sanction s-experts-8018/


voice of russia. Really, clearly, the most unbiased source of information on the subject.

Subby, your blog sucks. Stop parrotting talking points from Russian media.
Very possibly owned by one of the oligarch buddies of Putin.


Yup. This article is unadulterated bullshiat.
 
2014-05-05 12:57:52 PM
Really the main thing preventing harsher sanctions, like say those that target Gazprom directly, is that Exxon and Shell (who have extensive partnerships with Gazprom) wouldn't like that (and we can't have that, can we?).
 
2014-05-05 12:59:53 PM

James!: Yes, let us harm ourselves and our allies so we can seem tough.  That's not a terrible idea.



In the real world getting in to a fight often means YOU get hit too. Just how it works.

If you wait for a perfect and repercussion-free solution to present itself we will all be speaking Russian and eating caviar while you continue to wait.

Got a better idea?
 
2014-05-05 01:00:39 PM
You really think China and India want to join in this pissing contest?
 
2014-05-05 01:02:38 PM

SpectroBoy: James!: Yes, let us harm ourselves and our allies so we can seem tough.  That's not a terrible idea.


In the real world getting in to a fight often means YOU get hit too. Just how it works.

If you wait for a perfect and repercussion-free solution to present itself we will all be speaking Russian and eating caviar while you continue to wait.

Got a better idea?


Comparing international disagreements and sanctions to a fist fight is pretty far off the mark.
 
2014-05-05 01:02:46 PM

ManateeGag: MaudlinMutantMollusk: Just push the button

/the red one

she shiny, candy like button?


i.imgur.com
 
2014-05-05 01:04:16 PM

The Bestest: Really the main thing preventing harsher sanctions, like say those that target Gazprom directly, is that Exxon and Shell (who have extensive partnerships with Gazprom) wouldn't like that (and we can't have that, can we?).


Ummm...Europe gets a lot of its natural gas from Russia.
 
2014-05-05 01:06:29 PM

MaudlinMutantMollusk: Just push the button

/the red one


Which red one?
www.kadinmag.net
 
2014-05-05 01:06:38 PM

mcreadyblue: The Bestest: Really the main thing preventing harsher sanctions, like say those that target Gazprom directly, is that Exxon and Shell (who have extensive partnerships with Gazprom) wouldn't like that (and we can't have that, can we?).

Ummm...Europe gets a lot of its natural gas from Russia.


Let's not forget the natural gas they get from cassoulets.
 
2014-05-05 01:07:52 PM

mcreadyblue: Ummm...Europe gets a lot of its natural gas from Russia.


yes, that's why Europe is skittish on sanctions. I meant more why the US (and to a lesser extent Britain) doesn't push harder. (well, that and you don't just turn the ol' sanction knob up to 11 right away.. you slowly tighten the screw)
 
2014-05-05 01:13:00 PM

The Bestest: mcreadyblue: Ummm...Europe gets a lot of its natural gas from Russia.

yes, that's why Europe is skittish on sanctions. I meant more why the US (and to a lesser extent Britain) doesn't push harder. (well, that and you don't just turn the ol' sanction knob up to 11 right away.. you slowly tighten the screw)


It is also feeding into why the US is developing LNG terminals to start shipping to the world when we used to keep it all domestic.
 
2014-05-05 01:17:44 PM
The Chinese Renminbi is so tightly linked to the US Dollar, that wouldn't mean a thing. No way they'd even seriously consider the Indian rupee.
 
2014-05-05 01:28:51 PM

SpectroBoy: You really think China and India want to join in this pissing contest?


Last year, India and the US did about 60 billion in trade, with India gaining a 20 billion surplus. The US is India's largest importer. Russia was not one of India's top 10 trading partners.

In 2011, the US did about 450 billion in trade with China, with China gaining a 200 billion surplus. Russia did around 80 billion, and China had a 1.4 billion defecit.

Next question?
 
2014-05-05 01:42:38 PM
This thing is even less valuable than Zerohedge.
 
2014-05-05 01:50:13 PM
Yes, because I trust the hard hitting research of "aurelius77"...
 
2014-05-05 02:07:32 PM

The Bestest: mcreadyblue: Ummm...Europe gets a lot of its natural gas from Russia.

yes, that's why Europe is skittish on sanctions. I meant more why the US (and to a lesser extent Britain) doesn't push harder. (well, that and you don't just turn the ol' sanction knob up to 11 right away.. you slowly tighten the screw)


London is also home to many Russian billionaires. Sanctions would reek havoc in the City and London property market.
 
2014-05-05 02:45:28 PM

James!: SpectroBoy: James!: Yes, let us harm ourselves and our allies so we can seem tough.  That's not a terrible idea.


In the real world getting in to a fight often means YOU get hit too. Just how it works.

If you wait for a perfect and repercussion-free solution to present itself we will all be speaking Russian and eating caviar while you continue to wait.

Got a better idea?

Comparing international disagreements and sanctions to a fist fight is pretty far off the mark.



So no better ideas then.

Got it.
 
2014-05-05 02:59:25 PM

mcreadyblue: The Bestest: mcreadyblue: Ummm...Europe gets a lot of its natural gas from Russia.

yes, that's why Europe is skittish on sanctions. I meant more why the US (and to a lesser extent Britain) doesn't push harder. (well, that and you don't just turn the ol' sanction knob up to 11 right away.. you slowly tighten the screw)

London is also home to many Russian billionaires. Sanctions would reek havoc in the City and London property market.


The top end of the London property market being so liquid is used as a way to hide wealth and to make large cash transactions "off the books" so to speek. Sanctions and a drop in the upper end of the housing market would actualy benifit Londoners by bringing all those empty properties back onto the market and more Council (property) Tax going to local councils (empty properties don't have to pay tax).
 
2014-05-05 03:04:55 PM

SpectroBoy: James!: SpectroBoy: James!: Yes, let us harm ourselves and our allies so we can seem tough.  That's not a terrible idea.


In the real world getting in to a fight often means YOU get hit too. Just how it works.

If you wait for a perfect and repercussion-free solution to present itself we will all be speaking Russian and eating caviar while you continue to wait.

Got a better idea?

Comparing international disagreements and sanctions to a fist fight is pretty far off the mark.


So no better ideas then.

Got it.


No, I think what we're doing is fine.  What new stupidity do you want to try?
 
2014-05-05 03:06:47 PM

mcreadyblue: reek havoc


reek?  Are you suggesting that they'll all shiat their pants at once and stink the place up?
 
2014-05-05 03:36:58 PM
These goddamn people paid to say this shiat need to be fed to a wood chipper. "Bob, figure out some way to scare the people so they don't do the right thing and they leave my business interests alone."
 
2014-05-05 03:42:24 PM

SansNeural: mcreadyblue: reek havoc

reek?  Are you suggesting that they'll all shiat their pants at once and stink the place up?


For all intensive purposes, it's a perfectly cromulent word.
 
2014-05-05 04:08:22 PM

James!: SlothB77: the consequences for us will be much worse if we don't punish Russia now for its belligerence.  We have to be willing to suffer a little bit now to show Russia we will stand up to them or we will suffer a lot later.  As much as this may hurt us, it will hurt Russia a lot more.

Yes, let us harm ourselves and our allies so we can seem tough.  That's not a terrible idea.


Let us make a brief outline of possible reactions to Russian aggression:

1) Go to war
2) Enact sanctions
3) Let bygones be bygones
4) James!'s secret plan
 
2014-05-05 04:09:52 PM

mcreadyblue: reek havoc i


and let's lip the dogs of war!
 
2014-05-05 04:12:23 PM

yakmans_dad: James!: SlothB77: the consequences for us will be much worse if we don't punish Russia now for its belligerence.  We have to be willing to suffer a little bit now to show Russia we will stand up to them or we will suffer a lot later.  As much as this may hurt us, it will hurt Russia a lot more.

Yes, let us harm ourselves and our allies so we can seem tough.  That's not a terrible idea.

Let us make a brief outline of possible reactions to Russian aggression:

1) Go to war
2) Enact sanctions
3) Let bygones be bygones
4) James!'s secret plan


My plan is #2.
 
2014-05-05 04:16:36 PM

James!: yakmans_dad: James!: SlothB77: the consequences for us will be much worse if we don't punish Russia now for its belligerence.  We have to be willing to suffer a little bit now to show Russia we will stand up to them or we will suffer a lot later.  As much as this may hurt us, it will hurt Russia a lot more.

Yes, let us harm ourselves and our allies so we can seem tough.  That's not a terrible idea.

Let us make a brief outline of possible reactions to Russian aggression:

1) Go to war
2) Enact sanctions
3) Let bygones be bygones
4) James!'s secret plan

My plan is #2.



Well, the important thing is that you found a way to feel superior to yourself.
 
2014-05-05 04:24:21 PM

yakmans_dad: James!: yakmans_dad: James!: SlothB77: the consequences for us will be much worse if we don't punish Russia now for its belligerence.  We have to be willing to suffer a little bit now to show Russia we will stand up to them or we will suffer a lot later.  As much as this may hurt us, it will hurt Russia a lot more.

Yes, let us harm ourselves and our allies so we can seem tough.  That's not a terrible idea.

Let us make a brief outline of possible reactions to Russian aggression:

1) Go to war
2) Enact sanctions
3) Let bygones be bygones
4) James!'s secret plan

My plan is #2.


Well, the important thing is that you found a way to feel superior to yourself.


Are you on drugs?
 
2014-05-05 04:49:25 PM

James!: yakmans_dad: James!: yakmans_dad: James!: SlothB77: the consequences for us will be much worse if we don't punish Russia now for its belligerence.  We have to be willing to suffer a little bit now to show Russia we will stand up to them or we will suffer a lot later.  As much as this may hurt us, it will hurt Russia a lot more.

Yes, let us harm ourselves and our allies so we can seem tough.  That's not a terrible idea.

Let us make a brief outline of possible reactions to Russian aggression:

1) Go to war
2) Enact sanctions
3) Let bygones be bygones
4) James!'s secret plan

My plan is #2.


Well, the important thing is that you found a way to feel superior to yourself.

Are you on drugs?


I was just riffing on your response and the standard xkcd line.
 
2014-05-05 04:56:05 PM

James!: Now that I've actually looked at the article, that's farking stupid.


You probably should have known that from the source. I don't think I have seen a single "Global Geopolitics" link that isn't pants-on-head retarded. They're like the foreign policy version of ZeroHedge.
 
2014-05-05 04:57:17 PM

Generation_D: Actual article this shiatty blogger copy-pasted is here:

http://voiceofrussia.com/news/2014_05_04/Russia-can-switch-to-payment s -with-India-China-in-national-currencies-crushing-dollar-amid-sanction s-experts-8018/


voice of russia. Really, clearly, the most unbiased source of information on the subject.

Subby, your blog sucks. Stop parrotting talking points from Russian media.
Very possibly owned by one of the oligarch buddies of Putin.


Ehm yeah, that article was horrible.

India is a third world shiathole, the Rupee isn't going to outplace the Euro, or the Dollar.

What a load of bullshiat from end to end.
 
2014-05-05 04:58:51 PM

Arkanaut: James!: Now that I've actually looked at the article, that's farking stupid.

You probably should have known that from the source. I don't think I have seen a single "Global Geopolitics" link that isn't pants-on-head retarded. They're like the foreign policy version of ZeroHedge.


I didn't know who they were so I assumed they were talking about Lindsay Graham's suggestion that we freeze Russia's ability to sell oil and gas which would leave about 6 EU countries farked.
 
2014-05-05 04:58:56 PM

mcreadyblue: The Bestest: Really the main thing preventing harsher sanctions, like say those that target Gazprom directly, is that Exxon and Shell (who have extensive partnerships with Gazprom) wouldn't like that (and we can't have that, can we?).

Ummm...Europe gets a lot of its natural gas from Russia.


Russia is Europe.

Do you mean the EU? If so, why don't say it?
 
2014-05-05 05:04:27 PM

spawn73: mcreadyblue: The Bestest: Really the main thing preventing harsher sanctions, like say those that target Gazprom directly, is that Exxon and Shell (who have extensive partnerships with Gazprom) wouldn't like that (and we can't have that, can we?).

Ummm...Europe gets a lot of its natural gas from Russia.

Russia is Europe.

Do you mean the EU? If so, why don't say it?


Even the countries in Europe that are not in the EU get natural gas from Russia.
 
2014-05-05 05:25:16 PM

mcreadyblue: spawn73: mcreadyblue: The Bestest: Really the main thing preventing harsher sanctions, like say those that target Gazprom directly, is that Exxon and Shell (who have extensive partnerships with Gazprom) wouldn't like that (and we can't have that, can we?).

Ummm...Europe gets a lot of its natural gas from Russia.

Russia is Europe.

Do you mean the EU? If so, why don't say it?

Even the countries in Europe that are not in the EU get natural gas from Russia.


I'm not aware of any of those countries sanctioning Russia.
 
2014-05-05 05:29:28 PM

spawn73: mcreadyblue: spawn73: mcreadyblue: The Bestest: Really the main thing preventing harsher sanctions, like say those that target Gazprom directly, is that Exxon and Shell (who have extensive partnerships with Gazprom) wouldn't like that (and we can't have that, can we?).

Ummm...Europe gets a lot of its natural gas from Russia.

Russia is Europe.

Do you mean the EU? If so, why don't say it?

Even the countries in Europe that are not in the EU get natural gas from Russia.

I'm not aware of any of those countries sanctioning Russia.


Almost all of the gas pipelines run thru Ukraine.
 
2014-05-05 05:33:30 PM

SlothB77: the consequences for us will be much worse if we don't punish Russia now for its belligerence.  We have to be willing to suffer a little bit now to show Russia we will stand up to them or we will suffer a lot later.  As much as this may hurt us, it will hurt Russia a lot more.


i dunno how hurting countries that buy Russia's stuff doesn't simultaneously hurt Russia

does Putin want some oligarch to chop his balls off? nah, nobody wants to piss off the Russian mafia

if he were really crazy enough tho, and it encouraged us to move away from fossil fuel dependency then in the end we win anyways
 
2014-05-05 05:39:17 PM

mcreadyblue: spawn73: mcreadyblue: spawn73: mcreadyblue: The Bestest: Really the main thing preventing harsher sanctions, like say those that target Gazprom directly, is that Exxon and Shell (who have extensive partnerships with Gazprom) wouldn't like that (and we can't have that, can we?).

Ummm...Europe gets a lot of its natural gas from Russia.

Russia is Europe.

Do you mean the EU? If so, why don't say it?

Even the countries in Europe that are not in the EU get natural gas from Russia.

I'm not aware of any of those countries sanctioning Russia.

Almost all of the gas pipelines run thru Ukraine.


Ukraine isn't in the EU.
 
2014-05-05 05:44:05 PM

spawn73: mcreadyblue: spawn73: mcreadyblue: spawn73: mcreadyblue: The Bestest: Really the main thing preventing harsher sanctions, like say those that target Gazprom directly, is that Exxon and Shell (who have extensive partnerships with Gazprom) wouldn't like that (and we can't have that, can we?).

Ummm...Europe gets a lot of its natural gas from Russia.

Russia is Europe.

Do you mean the EU? If so, why don't say it?

Even the countries in Europe that are not in the EU get natural gas from Russia.

I'm not aware of any of those countries sanctioning Russia.

Almost all of the gas pipelines run thru Ukraine.

Ukraine isn't in the EU.


My point exactly!
 
2014-05-05 05:58:26 PM
I'm assuming this shiatty blog is Russian or something.  Only those chimps could produce this much global political derp.

What's Russia going to do to the dollar?  Light a couple on fire that their drug-runners have stored up?
 
2014-05-05 06:01:10 PM

SpectroBoy: You really think China and India want to join in this pissing contest?


They won't beyond perhaps China on a couple security council votes (which mean nothing anyway), but even if they did, who cares?
 
2014-05-05 06:10:23 PM
It just doesnt work that way.   Russia's economy just isnt big enough to matter... they can switch to RMB all they want, it just wont make a difference... and if China gets uppity and starts moving away from the dollar, they A) lose their largest source of income and B) will only help American domestic GDP recover from the gutting China has been doing to us.

We have the upper hand no matter what happens.
 
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