What economic sanctions will US impose on Russia

[Gozie51]

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.

Yes I think that Russia has prepared herself for this sanctions before now and that is making it look like it is just nothing happening to Russia. For now they have strengthen trading activities with her aligns which China is the leader. China itself has a large market network around Asian countries so Russia won't have any problem to divert to China for supplies for the economy.

[paxmao]

Von der Leyen has just announces that Russia is effectively being cut from the SWIFT payments system and that the west will be after the Russian main oligarchs assets across the world (for those unfamiliar with how this works, it is very difficult and not 100% possible). Ursula is also speaking about freezing the Russian Central bank assets. This is along with a tech supply chain squeeze, that may not work too well since China will be taking advantage.

[stompix]

Yes I think that Russia has prepared herself for this sanctions before now and that is making it look like it is just nothing happening to Russia. For now they have strengthen trading activities with her aligns which China is the leader. China itself has a large market network around Asian countries so Russia won't have any problem to divert to China for supplies for the economy.

Yeah yeah, it will do that and this and it will end up just in the same 10 km deep shithole as the USSR did.
For 10 years that's all I've been hearing the US will crumble, Europe is ding of hunger, the US is going through a civil war, Africa South America, all of Asia is with the USSR, thousands of west germans are feeling to East Germany...and we were so damn poor we barely could afford to have anything other than staple foods.

This is current Russia, the mighty superpower, before sanctions:

Average wage 492€, on the same level as Bosnia and about 10 times lower than Switzerland
Average life expectancy, 73.2, lower than Bangladesh or Venezuela, 10 years less than Italy or Spain or France, for males just 68.2.
The homicide rate, 8.2, is higher than Tanzania or Zimbabwe, and before you ask it's 60% higher than in the USA.

So, do I have to spell it for you how it will look after they are cut off from all the trading?

You know that Aeroflot has Boeing and Airbus planes for their long-range flights, Renault makes their only cars, and they even import vodka from Sweden and Finland? Enjoy the shitshow!

[Lubang Bawah]

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.

Yes I think that Russia has prepared herself for this sanctions before now and that is making it look like it is just nothing happening to Russia. For now they have strengthen trading activities with her aligns which China is the leader. China itself has a large market network around Asian countries so Russia won't have any problem to divert to China for supplies for the economy.

Before the invasion of Ukraine of course Russia had thought about this, but their strong ally, China, of course, would help a lot in everything so I'm sure if sanctions were imposed it would not cause the Russian economy to fall or go into recession.

[Abiky]

Von der Leyen has just announces that Russia is effectively being cut from the SWIFT payments system and that the west will be after the Russian main oligarchs assets across the world (for those unfamiliar with how this works, it is very difficult and not 100% possible). Ursula is also speaking about freezing the Russian Central bank assets. This is along with a tech supply chain squeeze, that may not work too well since China will be taking advantage.

China strongly supports Russia, so I doubt economic sanctions will cripple Russia's ability to finance its military (among other things) in the long term. With full isolation from the global trade, Russia will have no choice but to launch a financial system of its own (based on Blockchain tech). I'd be interesting to know how other countries will react after Russia decides to make such a move. If Russia makes its proprietary blockchain dependent on public chains for security, then it would be completely unstoppable.

Imagine if the Ruble gets digitized, living on a blockchain network tied to the main Bitcoin blockchain for security (like a sidechain). To be able take down Russia's "little coin", countries are going to have to shut down Bitcoin (and the Internet) for good. You and I know this is impossible to achieve, so things will only get worse from now on. Who knows how the world will look 5-10 years from now? Just my thoughts

[Wong Gendheng]

The USA is certainly not alone in giving sanctions to Russia, I'm sure they are discussing this with their allies, namely the European Union, perhaps the toughest sanctions are strict embargoes such as those experienced by other countries such as Iraq, Cuba or North Korea. I hope peace will come soon and there will be no more war.

[DU18]

The USA is certainly not alone in giving sanctions to Russia, I'm sure they are discussing this with their allies, namely the European Union, perhaps the toughest sanctions are strict embargoes such as those experienced by other countries such as Iraq, Cuba or North Korea. I hope peace will come soon and there will be no more war.

Currently Russia is under pressure from America and other NATO countries, many sanctions have begun to be directed at Russia by America and its allied countries, such as the prohibition of the use of dollars for international transactions by Russia, stopping imports and exports from and to Russia as well as the economic sanctions they imposed use it to weaken Russia, but I think the sanctions may not have a long-term effect on Russia and it looks like the Russian economy will not fall that easily, because many Middle Eastern countries  have relations with rusia, apart from that I know they also have pretty good trade relations with china, and so the effect of the American embargo will probably be less affected for russian ekonomic.

[Abiky]

Currently Russia is under pressure from America and other NATO countries, many sanctions have begun to be directed at Russia by America and its allied countries, such as the prohibition of the use of dollars for international transactions by Russia, stopping imports and exports from and to Russia as well as the economic sanctions they imposed use it to weaken Russia, but I think the sanctions may not have a long-term effect on Russia and it looks like the Russian economy will not fall that easily, because many Middle Eastern countries  have relations with rusia, apart from that I know they also have pretty good trade relations with china, and so the effect of the American embargo will probably be less affected for russian ekonomic.

Russia has China's support, so current economic sanctions by the West will fail in the long run. To cripple Russia's ability to grow economically, China must also be punished. By penalizing Russia and its allies, Putin will have no choice but to stop the invasion with Ukraine. There needs to be more pressure from the West in order to show its strength. Otherwise, Russia and China will continue to advance until they destroy democracy for good.

Things aren't looking very bright for the world right now, so we can only hope for the worst. Just my thoughts

[jaberwock]

Currently Russia is under pressure from America and other NATO countries, many sanctions have begun to be directed at Russia by America and its allied countries, such as the prohibition of the use of dollars for international transactions by Russia, stopping imports and exports from and to Russia as well as the economic sanctions they imposed use it to weaken Russia, but I think the sanctions may not have a long-term effect on Russia and it looks like the Russian economy will not fall that easily, because many Middle Eastern countries  have relations with rusia, apart from that I know they also have pretty good trade relations with china, and so the effect of the American embargo will probably be less affected for russian ekonomic.

Dunno if it's crazy but Russia can use cryptos if they are restricted to use other currencies for international trade because crypto is also a global currency and it doesn't have a restriction what so ever but with the restriction of the importing and exporting of goods, I don't think they can do anything about that but luckily not all countries are against with them, we know how big china and middle east countries are so this can still make them continue normally despite of the left and right sanctions that they are getting. Putin or the Russian country are strong, this is what they are going to show. They are going to carry this mentality until the end.

[ChiBitCTy]

Clearly we haven’t done enough in sanctions to deter Putin from further war. He’s clearly expected these sanctions to happen and he may be crazy, but he’s not stupid, surely he knew that these types of sanctions were not only coming but that they would stick around for quite some time. So therefore in my opinion we really need to start ramping these up.

[bitzizzix]

The USA is certainly not alone in giving sanctions to Russia, I'm sure they are discussing this with their allies, namely the European Union, perhaps the toughest sanctions are strict embargoes such as those experienced by other countries such as Iraq, Cuba or North Korea. I hope peace will come soon and there will be no more war.

Putin has thought of all the consequences and solutions of the sanctions imposed on Russia and the sanctions Embargo can be an opportunity for some countries or like Russia today to develop self-sufficiency, like the countries you mentioned and not very influential, which in the end just went away.
US sanctions do not harm Russia at all, in terms of changing Russia's behavior, Russia will only respect the power of violence. That's why they laugh at the US every time we sanction them, and what's worse is that the US knows it.

[stompix]

China strongly supports Russia, so I doubt economic sanctions will cripple Russia's ability to finance its military (among other things) in the long term. With full isolation from the global trade, Russia will have no choice but to launch a financial system of its own (based on Blockchain tech). I'd be interesting to know how other countries will react after Russia decides to make such a move. If Russia makes its proprietary blockchain dependent on public chains for security, then it would be completely unstoppable.

Some of you live in an alternate world.
So rather than going into specific let's first give you an example of how things work here.

Do you know 1xbit situation?
They use bitcoin, nobody is shutting down their website, nobody stops them from doing signature campaigns around the forum, but, all the members who know about them avoid them like rabies. So, how does decentralization works for them?

Going into the real world:
Boeing and Airbus have stopped dealing with Russia, this means no more replacements parts, no more planes in the air in 3-4 months, how would a blockchain solve this? Are you going to print some NFTs and stick them on the engine and hope it works?
IKEA has closed its shops, around 2000 employees are now out of jobs and out of money, how do you think a blockchain will solve things? Oh they could trade and everyone will make money and everyone will be rich, right? Cause blockchain is a source of unlimited wealth, right?
BMW, Scania, Iveco, Renault alone employ over 50 000 people there, are they all going to make NFTS and sell them to..who?

I wonder if some poeple haven't completely lost touch with reality here.
When was the last time you printed a burger jpg, eat it and though it was delicious?

[Marykeller]

To seize the offshore wealth of the Russian people and the oligarchy is utter THEFT by the West. The West has taken advantage of other people's hard-earned wealth and they are doing this else in Asia, the Middle East and even Africa. This is arbitrary stealing of other people's wealth by the US and EU king pin Capitalists

Common people die, common people face sanctions, common people suffer from the beginning till the end of the war, these power-hungry bloody leaders enjoy life in their huge palaces under high security.

[Zilon]

I feel US is more dependent on Russia economically and as such US might likely not have any sanction on Russia. Also Russia is self dependent and might not feel much impact of any sought of sanction, i believe Putin must have considered all this before taking his action and must have had enough reserves to fall back to after the war. No one goes to war unprepared

[dezoel]

Russia has China's support, so current economic sanctions by the West will fail in the long run. To cripple Russia's ability to grow economically, China must also be punished. By penalizing Russia and its allies, Putin will have no choice but to stop the invasion with Ukraine. There needs to be more pressure from the West in order to show its strength. Otherwise, Russia and China will continue to advance until they destroy democracy for good.

Things aren't looking very bright for the world right now, so we can only hope for the worst. Just my thoughts

I do not think that China and Russia could survive all their own. China would not sanction Russia but they will not single handedly support and keep them at higher level neither. It means that West sanctions would have even worse results in the long run. Right now, China could help in the near term, but they can't do that for decades, that is impossible because China is not THAT rich. It means that we are looking at a thing that is not horrible for Russia right at this moment, but not great for them in the long run. I believe that they will have to eventually come to terms and leave, otherwise China can't sustain Russia forever and it will hurt Russia more than it has so far.

[poldanmig]

Clearly we haven’t done enough in sanctions to deter Putin from further war. He’s clearly expected these sanctions to happen and he may be crazy, but he’s not stupid, surely he knew that these types of sanctions were not only coming but that they would stick around for quite some time. So therefore in my opinion we really need to start ramping these up.

Russia has received a lot of sanctions now from various European countries, but as far as I can see it doesn't seem like the sanctions have affected Russia in any way, maybe now Europe is also starting to doubt if the sanctions they impose on Russia can stop Russia from invading Ukraine, and even now Russia is getting crazy by continuing to add military troops to Ukraine.
Talking about the sanctions imposed by Europe, I think these sanctions will actually make Europe difficult later, because their may lose the main suppliers of oil and gas and the main raw materials (minerals) for industries in Europe.

[Fatunad]

Russia has China's support, so current economic sanctions by the West will fail in the long run. To cripple Russia's ability to grow economically, China must also be punished. By penalizing Russia and its allies, Putin will have no choice but to stop the invasion with Ukraine. There needs to be more pressure from the West in order to show its strength. Otherwise, Russia and China will continue to advance until they destroy democracy for good.

Things aren't looking very bright for the world right now, so we can only hope for the worst. Just my thoughts

I do not think that China and Russia could survive all their own. China would not sanction Russia but they will not single handedly support and keep them at higher level neither. It means that West sanctions would have even worse results in the long run. Right now, China could help in the near term, but they can't do that for decades, that is impossible because China is not THAT rich. It means that we are looking at a thing that is not horrible for Russia right at this moment, but not great for them in the long run. I believe that they will have to eventually come to terms and leave, otherwise China can't sustain Russia forever and it will hurt Russia more than it has so far.

I disagree that China isnt that rich, it is one of the most or totally the richest country globally which they could really sustain but we know that their Leader wouldnt really be that dumb enough on babysitting a particular

country just for that kind motive and it wouldnt really going for long term which is understandable.Support would really be just temporal but if they would saw that everything turns out to be already bad
and not sustainable then it wont be a surprise that they would simply cut off ties on these things which i do also have that doubt.

[cabron]

As usual, of course the US will impose sanctions on Russia, but I'm sure the sanctions from the US and Europe will not have a serious impact on Russia because Russia is a strong country and has loyal allies such as Iran, China or other Russian neighbors.

It does affect Russia because even the individuals who are rich Russians are among those that are sanctioned. If it does have an effect on Russia, it will also affect on US and Europe especially since the winter in the US has finally arrived.

What's striking is that the US push the green light of the Russia-Iran deal of their nuclear deal in exchange for the deal that Iran will supply gas for them. That's quite a surprising arrangement. 

[Abiky]

Russia has received a lot of sanctions now from various European countries, but as far as I can see it doesn't seem like the sanctions have affected Russia in any way, maybe now Europe is also starting to doubt if the sanctions they impose on Russia can stop Russia from invading Ukraine, and even now Russia is getting crazy by continuing to add military troops to Ukraine.
Talking about the sanctions imposed by Europe, I think these sanctions will actually make Europe difficult later, because their may lose the main suppliers of oil and gas and the main raw materials (minerals) for industries in Europe.

Sanctions won't stop Russia from advancing further into Ukraine. As long as Russia has China and other allies' support, it will have nothing to worry about. Only a full-scale war from the US (and possibly other NATO countries) will put an end to Putin's ambitions. But that would be a risk neither of the aforementioned countries will be willing to take since Russia has nuclear weapons in its arsenal.

If the war continues, then it's probable Russia will take over Ukraine. This will further damage the image of the West, as it'll prove that democracy is flawed/weakened. Russia will then find other ways to rise again economically in order to become as self-sustainable as possible. After that, it'll be practically impossible to directly affect the Russian economy with sanctions. Things are widely uncertain these days, so we should be prepared for the worst. Just my opinion

[LUCKMCFLY]

I think that the biggest sanction that can be given to Russia at the moment is that they take the purchase of oil, because given the visits of senior Biden officials to Venezuela, it became clear that they are reaching agreements to sell oil to the USA to try to replace Russian oil, perhaps the production will not be the same as that of Russia, but it is necessary for a country like the USA, which is very consumerist in nature, to be able to satisfy the needs, it will not be like before, but it will not fall to low levels where everyone in that country falls into collapse, I think that prices will increase but the services that have to do with black gold will remain.