Sanctions hurting Russians a little.

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    • #488053
      HassleCat
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      • Total Posts: 9,174

      https://www.irishtimes.com/news/world/europe/cosmopolitan-no-more-russians-feel-sting-of-cultural-and-economic-rift-1.4884965

      It appears most Russians are merely inconvenienced. The only effect I noticed that I considered serious was the unavailability of airbag systems for new cars. Russian cars are not required to be made with airbags right now because the components are embargoed. So the old “sanctions don’t work” thing seems to be correct.

    • #488054
      djean111
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      .

      America is not a country, it's just a business. (Brad Pitt, Killing Them Softly)

      "Sometimes when I try to understand a person's motives, I play a little game. I assume the worst. What's the worst reason they could possibly have for saying what they say and doing what they do? Then I ask myself, 'How well does that reason explain what they say and what they do?'" GRRM

      A YouTube comment – we need new conspiracy theories – the old ones have all come true.

    • #488060
      jbnw
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      The ruble is now around 58 to the dollar; it was around 73 last year.

      For goods that are available prices are now significantly lower.

      • #488085
        gordyfl
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        • Total Posts: 2,323

        When Biden first announced his “crippling” economic sanctions against Russia, I thought Russia was doomed. I assumed the Biden administration carefully thought this out — with the help of the think tanks — those so-called experts.

        When the Ruble went to over $130 for one US Dollar, I thought Biden was right — the Ruble would be turned into “rubble”. The way things have turned out recently, I’m more inclined to believe these think tanks are mostly concerned about laundering money to the military industrial complex. They’re blinded by greed. It just seems they haven’t thought this through.

        What I can’t figure is how those European countries went along with this scheme. And what’s driving Zelensky? His country is literally turning into rubble. He knows this all could have been avoided had he (actually Blinken) made some compromises. I think the Pope called it correctly — all parties involved share some blame for this mess.

        • #488096
          jbnw
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          I was in Russia before and after those, and I saw how we trained Russia to respond.  The US and the West ignored that lesson – I remembered it because I saw it in person.

          I also worried when I saw the ruble go to 130, but it recovered quickly.

          As for Zelensky – well, my belief is he is both bribed and blackmailed.  If he’d actually implemented Minsk as he promised during the elections, he may have been assassinated by the Azov faction.  He may still be.  But there are also reports that he now has around 3/4 of a billion dollars in assets.

          If he survives, he’ll do very well – if he has no conscience.  He, and Biden, are responsible for the destruction of his country and lives, physically and financially, of many of his citizens.

          He  didn’t even have to make compromises.  Those were already made by the President before him.  He just had to implement them.  Instead, he and the Biden administration chose war.

    • #488074
      Dunatus
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      Almost as if it was planned that way by the criminals in Congress and the White House and their corporate masters. Fuckers.

    • #488075
      gordyfl
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      • Total Posts: 2,323

      My guess is Russia will be importing more and more products from China….and less from Europe. And China will probably increase oil and gas imports from Russia. It’s not a cure-all but it will alleviate some of their problems.

      Russia has its eye on southeast Asia for increased trade. Until then, Russians will have to tighten their belts. (Americans and Europeans will be tightening their belts, as well.)

      • #488137
        jbnw
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        Well, maybe because McDonalds is leaving 🤣

        • #488143
          gordyfl
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        • #488152
          djean111
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          • Total Posts: 8,337

          https://www.theguardian.com/business/2022/may/19/govor-agrees-to-buy-all-mcdonalds-in-russia-and-rebrand-them

          McDonald’s has reached a deal to sell all its restaurants in Russia to one of its licensees in the country, the businessman Alexander Govor, who will operate them under a new name.

          The fast food company temporarily closed hundreds of outlets across Russia in March after Vladimir Putin launched his invasion of Ukraine, a decision that has cost McDonald’s about $55m (£44m) a month.

          On Monday, it announced it would sell those stores and leave Russia, saying the humanitarian crisis caused by the war and the unpredictable operating environment meant continuing running restaurants there was “no longer tenable” or “consistent with McDonald’s values”.

          Govor, who operates 25 restaurants in Siberia, has agreed to buy its 850 Russian restaurants and run them under different branding, McDonald’s said on Thursday.

          I have read that since Russia required McDonalds to use Russian suppliers, this is relatively easy to do, since the supply lines already exist.

          America is not a country, it's just a business. (Brad Pitt, Killing Them Softly)

          "Sometimes when I try to understand a person's motives, I play a little game. I assume the worst. What's the worst reason they could possibly have for saying what they say and doing what they do? Then I ask myself, 'How well does that reason explain what they say and what they do?'" GRRM

          A YouTube comment – we need new conspiracy theories – the old ones have all come true.

          • #488156
            jbnw
            Participant
            • Total Posts: 9,150

            They taste different anyway in Russia – few additives are allowed and portion sizes are smaller. Have to see what the new version brings.

            Btw, you should see the long list of medical tests required to work in a fast food place in Russia. A friend worked in a KFC in Novosibirsk, Siberia for a while –

    • #488103
      Voltairine
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      • Total Posts: 2,567

      Russia has plenty of primary materials, and industry is getting stronger – not least because of sanctions. Russia is now selling more oil than ever at best price ever – thanks to sanctions.

      Western financial ponzi bubbles are bursting, as inflation shows.

      Aloha!

    • #488109
      doh1304
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      so they can hoard and pump and dump the strong ruble? Russia isn’t the US? Oh, right. Hyperinflate, buy up stressed assets, then let the dollar rebound.

      • #488162
        Voltairine
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        • Total Posts: 2,567

        Central bank fiats are systemically giant ponzies, they need to grow exponentially (inflate) or collapse. Global demand for petrodollars has been collapsing, so you get domestic consumer price inflation as a symptom of the systemic collapse of the financial ponzi system.

        Aloha!

    • #488170
      doh1304
      Participant
      • Total Posts: 1,881

      can be defined as part of a plot to transfer wealth upward – because it is.

    • #488186
      Ohio Barbarian
      Moderator
      • Total Posts: 24,637

      As proof sanctions were destroying the Russian economy. How can the Russians live without Big Macs, Starbucks, and I-phones?

      Never let your morals stop you from doing the right thing.--Isaac Asimov

      The United States is also a one-party state but, with typical American extravagance, they have two of them.--Julius Nyerere

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