Zlantann (OP)
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February 28, 2022, 03:48:44 PM |
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The effect of the sanctions on Russia has started hitting its economy hard. The Russian ruble has lost 30% of its value trading at 100 to the dollar. Economists has warned that Russian economy could shrink by 5%.
But Putin has shown no sign of slowing down the invasion. His response was placing nuclear deterrent forces on high alert and continuing missile attack on key Ukrainian cities. It has also being rumored that Belarus can now be a base for nuclear weapons and its troops can invade Ukraine at anytime.
Putin's actions is showing the Russia is economically fortified or Russia is important to NATO and its Allies economically.
Do you think sanctions alone can stop Putin?
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af_newbie
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February 28, 2022, 06:49:20 PM |
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The effect of the sanctions on Russia has started hitting its economy hard. The Russian ruble has lost 30% of its value trading at 100 to the dollar. Economists has warned that Russian economy could shrink by 5%.
But Putin has shown no sign of slowing down the invasion. His response was placing nuclear deterrent forces on high alert and continuing missile attack on key Ukrainian cities. It has also being rumored that Belarus can now be a base for nuclear weapons and its troops can invade Ukraine at anytime.
Putin's actions is showing the Russia is economically fortified or Russia is important to NATO and its Allies economically.
Do you think sanctions alone can stop Putin?
The current sanctions are ineffective as long as Germany is buying gas and the US is buying oil, the impact will be minimal. If they seized all Russian state and personal assets abroad and stopped ALL trade with Russia, closed airspace to Russian planes, and closed all borders to Russians, this conflict would stop in days. The US (Biden) has the power to end this conflict but it chose not to act.
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Rruchi man
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February 28, 2022, 08:22:21 PM |
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Do you think sanctions alone can stop Putin?
Well, we can't say for sure... sanctions can be effective but not always certain to work. For a country as huge as Russia, with a very strong economy prior to this invasion, they only knew when they were going to attack, so there is a possibility that they may have made preparations for worst case scenarios as these sanctions. The best answer to this is that in a couple of days we will know if the sanctions are working.
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lumbanrang
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March 01, 2022, 07:42:28 AM |
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The effect of the sanctions on Russia has started hitting its economy hard. The Russian ruble has lost 30% of its value trading at 100 to the dollar. Economists has warned that Russian economy could shrink by 5%.
Do you think sanctions alone can stop Putin?
Sanctions alone are not enough to stop Russia's invasion of Ukraine. I know that this is a fairly complex issue, but if we look at the broad outline of the Russian invasion, it cannot be tolerated. This issue should be brought to the UN general assembly and vote on Russia and what should be imposed on them and also the President of Ukraine should cancel his intention to join NATO or the European Union.
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bittraffic
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March 01, 2022, 07:57:59 AM |
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Wouldn't this sanction also force Putin to loot the wealth of Ukraine? If they are losing money because of the sanction, there is a motivation for Putin to also just raid and make money out of it after all there is money to be made. So far there was no report of it yet in the media.
On the crypto side of the story, BTC and altcoins are rising and if Russians already have BTC and altcoins, that means they are making money.
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Mr.Scott
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March 01, 2022, 03:36:38 PM |
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Wouldn't this sanction also force Putin to loot the wealth of Ukraine? If they are losing money because of the sanction, there is a motivation for Putin to also just raid and make money out of it after all there is money to be made. So far there was no report of it yet in the media.
On the crypto side of the story, BTC and altcoins are rising and if Russians already have BTC and altcoins, that means they are making money.
Yet there's no news Putin's military loot the wealth of Ukraine, but who knows real hazards yet to come! Putin clearly has his contingency plans, we've to wait more until things execute. Whether or not sanctions stop Russia, yet a few troubles currently here. Russia has shut its stock trade market to prevent further fall of Ruble. It's a sign that Russian central back take will all the essential move in order to prevent their economy. Safe Ruble from free falling matter most. But, Russian might be started convert their Ruble into BTC and alts in the course of time.
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Gyfts
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March 01, 2022, 03:45:05 PM |
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It depends on what those sanctions are and it's a dangerous balancing act. Clearly the Russian economy is in shambles but Putin isn't the one that faces the consequences, his citizens do. Why bother with sanctions? The risk/reward calculation - Economically isolate Russia and hope they can bend the knee and waive their army off of Ukraine. Any future Russian aggression is deterred and so less pressure on Eastern European countries of an invasion or geopolitical tension. But consider what sanctions actually do to the countries imposing these economic restrictions. Well, USD is really the only asset that should be analyzed here because the US economy is the largest, so whatever other countries decide to do will have a limited effect. https://www.cnbc.com/2021/06/03/russia-to-remove-dollar-assets-from-national-wealth-fund.htmlKey points are as follows: Over 186 billion USD was cut from the Russian National Wealth Fund; Yuan is expected to compose 30 percent of assets. Russia and China have been circumventing SWIFT through their own financial intermediaries. Russia was planning economic isolation from USD for a long time to avoid sanctions by reducing their USD asset holdings from the National Wealth Fund. They accomplish this by swapping out USD for Yuan in their reserves and also reducing the USD output of Russia/China trading. Under normal circumstances, Russia/China transactions would usually be conducted with USD because it works as the best universal currency (accepted everywhere by major banks, low inflation at the time, and sustainable - backed by a powerful government). Now, USD no longer has any feasibility and sanctions will accelerate the abandonment of USD. When you begin attach politics to the currency, it encourages other avenues. USD inflation is high, and the freezing of Russian assets affiliated with USD sends a message to any holders of USD that their assets can be frozen instantaneously. Anyways, sanctions seem to be working since Ruble's value continues to drop, but Russia still has taken steps to free themselves of US sanctions, so after it a while it can backfire. And really, it accelerates adoption of something like Bitcoin which are immune to asset freezes. Time will tell if it will stop Putin but my guess is it won't. He is willing to throw his citizens under the bus because he is aging and wants to accomplish something before he departs into irrelevancy.
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merchantofzeny
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March 01, 2022, 05:23:09 PM |
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It depends on how extreme the sanctions would be an who would not be following it. There's also going to be a delay before the effects become visible and I don't think the EU is gonna outright sanction all resources out of Russia. Are they seriously gonna cut off the gas while in winter?
We already know China has announced it would trade with Russia normally, I'd like to know if India is also going to follow this stance since this whole conflict don't threaten it (and it got nukes, just in case).
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mindrust
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March 01, 2022, 05:27:18 PM |
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Do you think sanctions alone can stop Putin?
Nope. Putin already knew these would happen and he decided to invade Ukraine anyway, which means he don't care about any sanctions, boycotts or whatever the west is going to throw at him. Russia is a superpower and superpowers get what they want. The US is also a superpower. In the end, Russia will get what they want or they will be no more.
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af_newbie
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March 01, 2022, 05:54:09 PM |
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Do you think sanctions alone can stop Putin?
Nope. Putin already knew these would happen and he decided to invade Ukraine anyway, which means he don't care about any sanctions, boycotts or whatever the west is going to throw at him. Russia is a superpower and superpowers get what they want. The US is also a superpower. In the end, Russia will get what they want or they will be no more. "Everyone has a plan until they get punched in the mouth.” - Mike Tyson
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electronicash
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March 01, 2022, 06:00:44 PM |
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It depends on how extreme the sanctions would be an who would not be following it. There's also going to be a delay before the effects become visible and I don't think the EU is gonna outright sanction all resources out of Russia. Are they seriously gonna cut off the gas while in winter?
We already know China has announced it would trade with Russia normally, I'd like to know if India is also going to follow this stance since this whole conflict don't threaten it (and it got nukes, just in case).
they better work each other now. the 3 as trading partners i think will already suffice. Chinese will eat just about anything even the caviars, i dont know if Indians would like it. i truly believe Moody hates US and much as he hates UK and all others in EU for colonizing India. and India today is much of a bigger economy as well. but India also hates China.
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KingScorpio
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March 01, 2022, 06:01:12 PM |
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The effect of the sanctions on Russia has started hitting its economy hard. The Russian ruble has lost 30% of its value trading at 100 to the dollar. Economists has warned that Russian economy could shrink by 5%.
But Putin has shown no sign of slowing down the invasion. His response was placing nuclear deterrent forces on high alert and continuing missile attack on key Ukrainian cities. It has also being rumored that Belarus can now be a base for nuclear weapons and its troops can invade Ukraine at anytime.
Putin's actions is showing the Russia is economically fortified or Russia is important to NATO and its Allies economically.
Do you think sanctions alone can stop Putin?
whats going on with you folks why can't you just seperate ukraine from Zelinsky and his corrupt leadership?
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yhiaali3
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March 01, 2022, 06:17:57 PM |
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Putin has fortified himself well against economic sanctions imposed by the United States and the West. He has been preparing for this war for a long time. He says that according to everything he could face during this war, especially economic sanctions, Russia has so far been in a relatively good position in terms of economic and self-sufficiency, but As the war continues, its economy will surely be greatly damaged, and it will not be able to hold out for a very long time, but what if this actually happens, what will be Putin's reaction? Will Putin stop the war? Or will he go to the worst scenario, which is the threat of nuclear strikes on some NATO countries?
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OgNasty
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March 01, 2022, 07:31:33 PM |
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Putin has fortified himself well against economic sanctions imposed by the United States and the West. He has been preparing for this war for a long time. He says that according to everything he could face during this war, especially economic sanctions, Russia has so far been in a relatively good position in terms of economic and self-sufficiency, but As the war continues, its economy will surely be greatly damaged, and it will not be able to hold out for a very long time, but what if this actually happens, what will be Putin's reaction? Will Putin stop the war? Or will he go to the worst scenario, which is the threat of nuclear strikes on some NATO countries?
I don't think nuclear strikes is on the table. World War III seems like a bad idea to me, and certainly to Russia. I also agree that Russia has been preparing for this for a long time, and is set to profit greatly from some of their decisions. That being said, I don't think Russia expected the international community to stand so strongly with Ukraine. The sanctions are far greater than I would have expected and more countries are taking part than I thought would be willing to stand up to Russia. I have been impressed by the international response so far, and hope it continues. Usually the United States is left standing alone in times like this, or our allies send a few troops and make a speech. This time it seems everyone is on the same page and willing to put their relationship with Russia on the line to do what is right. I think this is a good development, and likely one that constant criticism of the UN by a former US President helped to achieve.
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af_newbie
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March 01, 2022, 07:33:13 PM |
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The effect of the sanctions on Russia has started hitting its economy hard. The Russian ruble has lost 30% of its value trading at 100 to the dollar. Economists has warned that Russian economy could shrink by 5%.
But Putin has shown no sign of slowing down the invasion. His response was placing nuclear deterrent forces on high alert and continuing missile attack on key Ukrainian cities. It has also being rumored that Belarus can now be a base for nuclear weapons and its troops can invade Ukraine at anytime.
Putin's actions is showing the Russia is economically fortified or Russia is important to NATO and its Allies economically.
Do you think sanctions alone can stop Putin?
whats going on with you folks why can't you just seperate ukraine from Zelinsky and his corrupt leadership? You obviously know nothing about Ukrainian politics. He is the first and the only president who united Russian and Ukrainian-speaking Ukrainians behind their country, Ukraine. That is why he is an existential threat to Putin's plans for annexing Ukraine. Never mind that he is for democracy, EU, and NATO memberships. He has a vision for his country that many Russian Ukrainians want. They don't want another Lukashenko or Putin ruling over THEIR country. Watch videos of ordinary Russians standing unarmed in front of Putin's tanks and soldiers and tell them to go the fuck home. Putin already lost this war on multiple fronts. The only question is how much damage he will still cause before he is captured and/or executed.
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awesome31312
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March 01, 2022, 09:52:16 PM |
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Anybody who's been on the internet long enough to matter knows sanctions won't do a thing to affect the wealthy classes or Putin. They will cripple the livelihoods of ordinary, innocent civilian Russians.
For example, if Spotify blocks Russia, they'll just use VPN or modded APKs. TOR with bridges works well in a country which doesn't allow VPNs either.
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Zlantann (OP)
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May 20, 2022, 03:36:53 PM |
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Putin has fortified himself well against economic sanctions imposed by the United States and the West. He has been preparing for this war for a long time. He says that according to everything he could face during this war, especially economic sanctions, Russia has so far been in a relatively good position in terms of economic and self-sufficiency, but As the war continues, its economy will surely be greatly damaged, and it will not be able to hold out for a very long time, but what if this actually happens, what will be Putin's reaction? Will Putin stop the war? Or will he go to the worst scenario, which is the threat of nuclear strikes on some NATO countries?
I am getting convinced everyday that sanctions alone cannot end this war. Vladimir Putin is a master strategist and this invasion has been militarily, economically and politically worked out. The current plea by David Beasley, head of the United Nations World Food Programme to Russian President Vladimir Putin to reopen Ukraine's Black Sea ports before a global calamity strikes is a clear indication that the world is really underestimating the economic capabilities of Russia. Russia is now requesting for a review of sanctions which the West would probably grant to stop a possible world food crisis. This is a clear proof that the capturing of the port of Odessa and neighboring ports is because it would be used as a tool to invade sanctions. Maybe, there are still more sanction invading strategies that are unknown to the world. Kremlin would keep unveiling them in the future. They best strategy to end this war is compromise and dialogue because this war might last for years if fighting and sanctions continue.
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Cnut237
Legendary
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Activity: 1904
Merit: 1277
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May 20, 2022, 03:47:07 PM |
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Vladimir Putin is a master strategist and this invasion has been militarily, economically and politically worked out.
I used to think that. However, it's become apparent over the last few months that his attack on Ukraine has been a monumental strategic misjudgement, coupled with bungling ineptitude on the ground. He's managed to put himself in a position where he can't possibly win, his forces are demoralised and experiencing huge losses, his population is suffering under sanctions, and he has united pretty much the entire world against him. I don't think sanctions will end it, no. He's in way too far for that to stop him. Either he is offered some way to back down where he can still maintain some sort of facade of dignity, or else he gets "replaced" in an internal "reshuffle".
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be.open
Copper Member
Hero Member
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White Russian
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May 20, 2022, 06:58:24 PM |
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The effect of the sanctions on Russia has started hitting its economy hard. The Russian ruble has lost 30% of its value trading at 100 to the dollar.
It seems that the Central Bank of Russia is no longer happy with the excessive strengthening of the ruble, and a whole series of weakening measures has not yet led to the desired result. The image effect of a strong ruble is good, but for an economy with a large trade surplus, this is not very beneficial. This afternoon, the dollar was traded on the Moscow Currency Exchange for 58 rubles, and it is not clear who and why is buying it at all, because the sanctions risks are very high.
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BADecker
Legendary
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Activity: 3892
Merit: 1373
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May 20, 2022, 09:49:20 PM |
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The effect of the sanctions on Russia has started hitting its economy hard. The Russian ruble has lost 30% of its value trading at 100 to the dollar.
It seems that the Central Bank of Russia is no longer happy with the excessive strengthening of the ruble, and a whole series of weakening measures has not yet led to the desired result. The image effect of a strong ruble is good, but for an economy with a large trade surplus, this is not very beneficial. This afternoon, the dollar was traded on the Moscow Currency Exchange for 58 rubles, and it is not clear who and why is buying it at all, because the sanctions risks are very high. What would happen if the Bank made one ruble equal to 1 gram of gold? I mean, all these European fuel companies buy Russian gas and paying in Rubles. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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