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Author Topic: What economic sanctions will US impose on Russia  (Read 616 times)
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February 24, 2022, 07:41:46 AM
Merited by The Sceptical Chymist (4)
 #41

Maybe the sanction given to other country is not heavy because they why can they still live normally? is USA that powerful enough? Because, why can they give such sanction to every country but I don't think that USA can make Russia poor. It is not easy as that because Russian country is large and this country is also a well developed country.

If it is about bank problems, they can use bitcoin for a while. Bitcoin has no restriction and they are free to use it for sending and receiving money but I really think they shouldn't sanction Russia if they will evade the attack but rather they should sanction Ukraine because they are the ones that want the war to continue as they keep on attacking.
USA could be a question mark, but Europe is very very important. Why? Because they are getting a decent amount of gas from Russia and Russia needs to sell some of that gas to Europe to make money. They could keep selling it to others but suddenly zero to Europe would mean a lot of money lost as well. Plus, Russians buy a lot of stuff from Europe, but Europe also gets a lot of "cheap" stuff from Russia as well, that would be a problem.

On top of that there are tons of super wealthy Russians that made their money illegally, and then used that money in other European nations and even in the USA, so freezing those assets would be horrible for them as well since those super wealthy criminals are the ones that pay for these big politicians. All in all when you combine the USA and Europe, you end up with getting something huge in number and that matters a lot for Russian big names.

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February 24, 2022, 11:08:53 AM
 #42

Why do you think that the USSR fell? Do you think that they woke up one morning and decided that, after all these decades and millions of dead communism was not such a great idea after all? My answer is no, the USSR fell due to the mismanagement of the economy and the strangling of the production of energy and basic goods.

Economy is not as spectacular as dropping bombs and invading with tanks, but make not mistake, it is a tool that can be as lethal as a gun.

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February 24, 2022, 05:32:12 PM
 #43

They will kick them out of SWIFT and stop there probably. The thing is the US can't do more. Biden already said that they are not going to send troops to Ukraine to fight Russia if Russia invades Ukraine.

You can't do much against a nuclear force as long as they don't threaten you directly. Getting kicked out of SWIFT would benefit Russia more in the end ironically because the USD will lose another customer.

Russia will probably build its own financial system independent of SWIFT. As long as it has its own reserves of Gold and other scarce commodities/assets, sanctions will have little to no impact over the Russian economy. By stripping Russia out of the SWIFT system, the USD will continue to lose traction as the world's reserve currency. I have a feeling countries will begin to separate themselves from the US Dollar slowly as time goes by. All of these actions will directly affect the American economy in ways that were never imagined before.

Now that Russia has invaded Ukraine, things are going to get worse. Oil prices will rise, leading to a huge blow over the global economy. Russia is one of the major producers of oil, so it doesn't have to worry about this. Who knows what will happen in the next days with rising tensions between the West and Russia? Just my opinion Smiley

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February 24, 2022, 07:03:22 PM
 #44

Why do you think that the USSR fell? Do you think that they woke up one morning and decided that, after all these decades and millions of dead communism was not such a great idea after all? My answer is no, the USSR fell due to the mismanagement of the economy and the strangling of the production of energy and basic goods.

Economy is not as spectacular as dropping bombs and invading with tanks, but make not mistake, it is a tool that can be as lethal as a gun.
USSR "died" because people at the top realized that they could do a democratic change while still keeping the power. Yeltsin may not be as bad as Putin but he was still a dictator that managed to control the nation and put them in many wars (look at all the wars Russia was in during 90's) and when his time was up Putin took over and for the past 20+ years he has been ruling it as well. So, technically speaking USSR didn't really disbanded, they just made it look like it was disbanded and instead put dictators with fake elections at the top. Only thing that seem to change was the number of nations under one flag, and that looks like getting lesser with each war.

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February 25, 2022, 09:23:57 AM
 #45

The war is going on, casualties are falling from the ukraine side, I see to this day America does not dare to impose economic sanctions on Russia, UN says for the sake of humanity and conscience, please stop war and withdraw troops from ukraine, says UN chief.

It seems America doesn't dare to impose sanctions on Russia, because they are both countries that like to interfere in other countries' affairs, equally strong.

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February 25, 2022, 06:44:25 PM
 #46

They will kick them out of SWIFT and stop there probably. The thing is the US can't do more. Biden already said that they are not going to send troops to Ukraine to fight Russia if Russia invades Ukraine.

You can't do much against a nuclear force as long as they don't threaten you directly. Getting kicked out of SWIFT would benefit Russia more in the end ironically because the USD will lose another customer.
The United States, Europe and other countries have already imposed serious economic sanctions against the Putin regime and against Russia in general. Including Russia was forbidden to make payments in dollars, euros, yen, pounds. The banking system will largely be paralyzed without being disconnected from SWIFT, although this possibility is still under discussion. So far, such a shutdown is opposed by Germany, Hungary, Italy and Cyprus.
In addition, it is predicted that by the time Russia sets up its internal payment system, it will already be bankrupt.
Now there is information that China refuses to buy oil from Russia because of the uncertainty with payments and delivery of oil. In connection with the adopted sanctions, this also awaits Russia for all other goods. Gas and oil, on the contrary, may fall in price.

Russia will probably build its own financial system independent of SWIFT. As long as it has its own reserves of Gold and other scarce commodities/assets, sanctions will have little to no impact over the Russian economy. By stripping Russia out of the SWIFT system, the USD will continue to lose traction as the world's reserve currency. I have a feeling countries will begin to separate themselves from the US Dollar slowly as time goes by. All of these actions will directly affect the American economy in ways that were never imagined before.

Now that Russia has invaded Ukraine, things are going to get worse. Oil prices will rise, leading to a huge blow over the global economy. Russia is one of the major producers of oil, so it doesn't have to worry about this. Who knows what will happen in the next days with rising tensions between the West and Russia? Just my opinion Smiley
The United States, Europe and other countries have already imposed serious economic sanctions against the Putin regime and against Russia in general. Including Russia was forbidden to make payments in dollars, euros, yen, pounds. The banking system will largely be paralyzed without being disconnected from SWIFT, although this possibility is still under discussion. So far, such a shutdown is opposed by Germany, Hungary, Italy and Cyprus.
In addition, it is predicted that by the time Russia sets up its internal payment system, it will already be bankrupt.
Now there is information that China refuses to buy oil from Russia because of the uncertainty with payments and delivery of oil. In connection with the adopted sanctions, this also awaits Russia for all other goods. Gas and oil, on the contrary, may fall in price.

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February 25, 2022, 07:29:32 PM
 #47

Now that Russia has invaded Ukraine, things are going to get worse.
You got that right, and its effects are going to be global--the extent remains to be seen, and it depends on how far this situation escalates.  I still can't figure out why Putin is doing this.  I'm fairly ignorant of global politics and never really followed what was going on in the world, but everything I've read about Putin or seen from Youtube clips about him has been relatively positive....and then he goes and does this, something much worse than the leaders of countries that the US has invaded in the past (I'm talking about Iraq and wherever else we've pointed our military force at).  This is just fucking baffling.

As far as sanctions go, I don't have a clue.  Nor do I know what the repercussions of those sanctions will be, but I can't imagine they'll make Putin happy. 

When I think about this whole mess, I can't help but wonder if Russia is ever going to stop being the Evil Empire that Reagan said they were back in the 1980s.

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February 25, 2022, 07:33:10 PM
 #48


 Sanctions will do absolutely nothing. Russia getting poorer, and I mean like seriously poorer, almost starvation level of poorer is something Putin knew would happen and yet he still went ahead. I am sorry but the reality is that if you want to put NATO at the borders of Russia, then Putin will always do something evil, dude is trying to do the "right" thing in his mind and when you are an evil horrible person thinking you are justified then there is really no limits and no consequences that are too dire. You will go to distance to kill every single person in the world if you have to. Go read on Hitler, and you will see Putin but european version.

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February 25, 2022, 07:48:35 PM
 #49

The war is going on, casualties are falling from the ukraine side, I see to this day America does not dare to impose economic sanctions on Russia, UN says for the sake of humanity and conscience, please stop war and withdraw troops from ukraine, says UN chief.

It seems America doesn't dare to impose sanctions on Russia, because they are both countries that like to interfere in other countries' affairs, equally strong.
"As we seek to impose maximum costs on Putin, there is more that we can and should do," the New Jersey Democrat said. "Congress and the Biden administration must not shy away from any options—including sanctioning the Russian Central Bank, removing Russian banks from the SWIFT payment system, crippling Russia's key industries, sanctioning Putin personally, and taking all steps to deprive Putin and his inner circle of their assets." source:https://edition.cnn.com/2022/02/24/politics/biden-sanctions-russia-ukraine/index.html

 Those were the sanctions for Russia for invading Ukraine. It seems Putin is the target of all the sanctions and i can't imagine living his life in hell after having all the consequences due to the war that he has started. But we can't blame Putin after all, we know how strong Russia is and once you see your own country is already affected, you will really think of revenge.
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February 25, 2022, 09:27:32 PM
 #50

All these sanctions mean nothing to Putin and Russia. Putin is a strong man no sanctions can affect him, if u try to stop him or block his way he will pull you out of his way. The only sanction that can affect Russia is by not letting Russian citizens travel into Europe, America and a few other countries.
The UK freezing Putin, Lavrov assets over Ukraine invasion won't shake Putin do what he wants to towards Ukraine

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February 25, 2022, 09:42:47 PM
 #51

So I'm wondering what kind of unprecedented economic sanction can be given to Russia if they continue to evade Ukraine.
As they impose economic sanctions, it's not only US that will impose but as well as the EU/UK as Boris have said as well.
We can have that idea that the sanction was already activated when the stocks of Russia has fell a lot with the first attacks that Russia did to Ukraine. IIRC, Turkey has also been sanctioned by US during the Trump administration and look at their economy now. But for Russia, I don't think they'll be sitting for this sanction effect for long.

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February 25, 2022, 09:59:44 PM
 #52

The only sanction that can affect Russia is by not letting Russian citizens travel into Europe, America and a few other countries.


I think the Russian elite are now included in the sanction and restrictions are coming on them. Today Biden made the announcement also that Putin himself will be under sanction. Well I think Russia government would have considered the weight of possible sanctions to them before they embarked on the invasion knowing well that it will come to pass if they go ahead. Now some of Russia banks have been stopped transaction to swiss bank. I hope Putin will come down on his invasion.
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February 25, 2022, 10:15:08 PM
Last edit: February 25, 2022, 10:25:19 PM by Yogee
 #53

Putin is prepared for it since Russia has its "friend" to trade with in case US and NATO imposed hard sanctions.

.... I still can't figure out why Putin is doing this.
It's hard to understand him if you're used to western ideologies. He's coming from the "protect Russia from destruction" point of view if you read his translated speech. He's fearful that one day the NATO will choke Russia if Ukraine joins the Alliance. Russia already experienced a blockade in one of its sea routes before and Putin doesn't want a possible repeat of that.

Funny how he also calls the US an empire of lies.

I would also like to add that it seems Putin could not get an assurance that Ukraine will remain a neutral country from diplomatic talks which forced him to go for a military solution.

R


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February 25, 2022, 10:51:05 PM
 #54

Putin is prepared for it since Russia has its "friend" to trade with in case US and NATO imposed hard sanctions.

.... I still can't figure out why Putin is doing this.
It's hard to understand him if you're used to western ideologies. He's coming from the "protect Russia from destruction" point of view if you read his translated speech. He's fearful that one day the NATO will choke Russia if Ukraine joins the Alliance. Russia already experienced a blockade in one of its sea routes before and Putin doesn't want a possible repeat of that.

Funny how he also calls the US an empire of lies.

I would also like to add that it seems Putin could not get an assurance that Ukraine will remain a neutral country from diplomatic talks which forced him to go for a military solution.

So before the threat that he is thinking of, he wants to eliminate it in the expense of thousands of lives that will be lost.
Ukraine are now in pro-democracy so I don't think what Putin was thinking will happen. He is too paranoid, in my opinion.
Hopefully, we will see fast resolution of this war. But I believe, Ukraine will surrender as they have no resources to fight Russia.
Russia seems to be very prepared on this attack. So high likely, Putin is planning this for years. And no one can stop him as he already started the war.
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February 25, 2022, 11:07:02 PM
 #55

Putin is prepared for it since Russia has its "friend" to trade with in case US and NATO imposed hard sanctions.

.... I still can't figure out why Putin is doing this.
It's hard to understand him if you're used to western ideologies. He's coming from the "protect Russia from destruction" point of view if you read his translated speech. He's fearful that one day the NATO will choke Russia if Ukraine joins the Alliance. Russia already experienced a blockade in one of its sea routes before and Putin doesn't want a possible repeat of that.

Funny how he also calls the US an empire of lies.

I would also like to add that it seems Putin could not get an assurance that Ukraine will remain a neutral country from diplomatic talks which forced him to go for a military solution.

So before the threat that he is thinking of, he wants to eliminate it in the expense of thousands of lives that will be lost.
Ukraine are now in pro-democracy so I don't think what Putin was thinking will happen. He is too paranoid, in my opinion.
Hopefully, we will see fast resolution of this war. But I believe, Ukraine will surrender as they have no resources to fight Russia.
Russia seems to be very prepared on this attack. So high likely, Putin is planning this for years. And no one can stop him as he already started the war.

Maybe Putin could no longer control his temper because of Ukraine's irresponsible moves so this war might have been his last resort. But honestly, this war that will took a lot of lives should never be the best option in times like this. There could have been a peace talk prior to this. And certainly, i found a news that Putin is ready for talks with Ukraine. Hopefully this will put an end to this war. Check this link: https://www.aljazeera.com/news/2022/2/25/putin-ready-to-send-delegation-to-minsk-for-ukraine-talks

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February 25, 2022, 11:57:52 PM
 #56

Putin is prepared for it since Russia has its "friend" to trade with in case US and NATO imposed hard sanctions.

.... I still can't figure out why Putin is doing this.
It's hard to understand him if you're used to western ideologies. He's coming from the "protect Russia from destruction" point of view if you read his translated speech. He's fearful that one day the NATO will choke Russia if Ukraine joins the Alliance. Russia already experienced a blockade in one of its sea routes before and Putin doesn't want a possible repeat of that.

Funny how he also calls the US an empire of lies.

I would also like to add that it seems Putin could not get an assurance that Ukraine will remain a neutral country from diplomatic talks which forced him to go for a military solution.

So before the threat that he is thinking of, he wants to eliminate it in the expense of thousands of lives that will be lost.
Ukraine are now in pro-democracy so I don't think what Putin was thinking will happen. He is too paranoid, in my opinion.
Hopefully, we will see fast resolution of this war. But I believe, Ukraine will surrender as they have no resources to fight Russia.
Russia seems to be very prepared on this attack. So high likely, Putin is planning this for years. And no one can stop him as he already started the war.

You cannot dismiss the possibility that Ukraine wanted to join the alliance before the Russia made a move. Their inexperienced President already said earlier that he was asking member countries if they can beome part of NATO.

Russia has always been prepared to use its military since NATO continue to expand and militarize countries near their border.

R


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February 26, 2022, 01:28:09 PM
 #57

Sanctions will do absolutely nothing. Russia getting poorer, and I mean like seriously poorer, almost starvation level of poorer is something Putin knew would happen and yet he still went ahead. I am sorry but the reality is that if you want to put NATO at the borders of Russia, then Putin will always do something evil, dude is trying to do the "right" thing in his mind and when you are an evil horrible person thinking you are justified then there is really no limits and no consequences that are too dire. You will go to distance to kill every single person in the world if you have to. Go read on Hitler, and you will see Putin but european version.
Sanctions are there to make sure Russians suffer, and not Putin, which means that Russians will hate Putin even more after the sanctions. Even though we all know elections are not legit and fake, we could at least make sure that Russians all hate Putin enough that he couldn't leave his palace and just stay put, the moment he goes to streets there would be people who hate him surrounding him.

You may think that it is a scary thing for people to go against him, but if you know Russia, you know that if there is a better person to do what Russia has always done above Putin after he lost all the power, then even people around him will leave public alone and try to undermine Putin and put a new person in charge. Sort of like what happened to Yeltsin, that is what Europe is aiming at. Turning Putin into Yeltsin to make sure he resigns himself after finding EVERYONE around him, literally near him, starting to hate him.
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February 26, 2022, 03:10:36 PM
 #58

Kamala Harris (US Vice President) making some statement on the Russia and Ukraine problem said US and her aligns will impose unprecedented economic sanction on Russia if they continue to evade or attack Ukraine. So I'm wondering what kind of unprecedented economic sanction can be given to Russia if they continue to evade Ukraine.

Biden said it will launch one of the most effective destructive weapons it has on Russia if the evading continue and such is able to cause a massive destruction of more than three cities in Russia, is this not an opening ceremony to another third world war that Russia is trying to evoke? That's my contemplation.



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gantez (OP)
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February 26, 2022, 03:25:05 PM
 #59

Kamala Harris (US Vice President) making some statement on the Russia and Ukraine problem said US and her aligns will impose unprecedented economic sanction on Russia if they continue to evade or attack Ukraine. So I'm wondering what kind of unprecedented economic sanction can be given to Russia if they continue to evade Ukraine.

Biden said it will launch one of the most effective destructive weapons it has on Russia if the evading continue and such is able to cause a massive destruction of more than three cities in Russia, is this not an opening ceremony to another third world war that Russia is trying to evoke? That's my contemplation.

This is really beginning to be frightening to hear of such attack from US. Russia doesn't look like giving up the fight despite the sanctions so far going on against Russia. More countries have decided to support in the sanction including Hungary as the latest country to join. Russia promised to attack only military facilities in Ukraine but civilians and residential premises are now getting attacked. The situation in Ukraine is getting bad and citizens are running away.
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February 26, 2022, 03:26:23 PM
 #60

Kamala Harris (US Vice President) making some statement on the Russia and Ukraine problem said US and her aligns will impose unprecedented economic sanction on Russia if they continue to evade or attack Ukraine. So I'm wondering what kind of unprecedented economic sanction can be given to Russia if they continue to evade Ukraine.
So far Russia has continued to increase their military activities in Ukraine, the threat of sanctions from America and Nato does not seem to deter Russia from continuing to carry out military attacks, America has now imposed economic sanctions on Russia and the Americans have imposed sanctions on two large Russian state-owned banks currently, besides that America has also asked the Nato countries to stop all trading activities with Russia, but I think the impact of these sanctions will not seem to have much effect on Russia because as far as I know, Russia is currently establishing trade and economic cooperation with other powerful countrie that is china.

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