General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsProudMNDemocrat
(16,786 posts)Cut the money off wherever it is.
Ocelot II
(115,735 posts)Will the oligarchs turn on him if their money supply is cut off? Or will China step in and bail him out?
canetoad
(17,169 posts)Of the power an alliance with China will bring.
Orwell's map of the world.
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Irish_Dem
(47,131 posts)In preparation for the invasion.
hunter
(38,317 posts)They're probably waiting to buy Siberia in the bankruptcy sale, if not the territory, then all of its resources.
smb
(3,473 posts)C_U_L8R
(45,003 posts)Fuck them if they can't get their country under control. They had a choice. And blew every opportunity.
AngryOldDem
(14,061 posts)Wait until the sanctions really kick in.
Putin is taking a huge gamble here. But I guess destroying his countrys economy is just the cost of doing business.
WarGamer
(12,451 posts)Ocelot II
(115,735 posts)Lucky Luciano
(11,257 posts)herding cats
(19,565 posts)They've done the math and they're still coming out fine.
Irish_Dem
(47,131 posts)herding cats
(19,565 posts)They've had time to move their assets around and prepare.
Irish_Dem
(47,131 posts)They probably know to the penny how much money they will make off the invasion.
AngryOldDem
(14,061 posts)If the Ruble is worthless, that wont matter.
WarGamer
(12,451 posts)BeyondGeography
(39,374 posts)WarGamer
(12,451 posts)herding cats
(19,565 posts)But, the other posters point still stands. Oil is $100 a barrel and our US market futures were some $700+ down when I looked.
No one will not feel the pain of this. As Putin intends.
BeyondGeography
(39,374 posts)Oligarchs not so much.
Irish_Dem
(47,131 posts)Global power has shifted.
herding cats
(19,565 posts)I believe this is a plan he's dreamed about and been working toward since 1997. Which is just my armchair opinion. Which holds no weight.
Irish_Dem
(47,131 posts)Yes it is a long time dream of his to revive the old USSR.
And now that he is aligned with China, and they have greatly weakened Western democracies, the time has finally come to make his dream real.
herding cats
(19,565 posts)It's intentions were to help marginalize and curb China before a moment such as this. It's difficult to impress the gravity of geopolitical implications into a trade deal, but they're always there.
Here we are today, and in retrospect it does seem clearer.
China, Russia and Iran all need close eyes on their current alliances. As do the Saudi's playing behind the scenes here. As always.
Irish_Dem
(47,131 posts)They have forged economic agreements across the globe.
And prospered.
Yes there are other actors playing in the background I agree.
The successful weakening of Western Democracies was not the work of one country.
The Russian-China alliance is working well right now.
But yes they are using each other and need to keep eyes wide open.
elleng
(130,974 posts)(from me, NOT an economist.)
WarGamer
(12,451 posts)AngryOldDem
(14,061 posts)Yes, the markets will take a hard hit. But they will weather it much better than Russias will.
Dow futures were down -800 around 11 p.m. Now theyre down to around -500. Im looking for a steep drop at the open, with maybe curcuit breakers tripping throughout the day. Its not going to be pretty for awhile.
So goes a war climate.
WarGamer
(12,451 posts)But it feels like dirty money now...
herding cats
(19,565 posts)Not unexpected and Putin doesn't care.
elleng
(130,974 posts)herding cats
(19,565 posts)What currency did they purchase and where have they moved their wealth? In other words, where were they promised sanctuary.
elleng
(130,974 posts)herding cats
(19,565 posts)Irish_Dem
(47,131 posts)AngryOldDem
(14,061 posts)Irish_Dem
(47,131 posts)About the global power shift.
sprinkleeninow
(20,251 posts)vercetti2021
(10,156 posts)Let Russia fall.
Samrob
(4,298 posts)Can Russian own resources in western countries be confiscated by their governments?
Irish_Dem
(47,131 posts)roamer65
(36,745 posts)Put Russia into hyperinflation.