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re: Latest Updates: Russia-Ukraine Conflict

Posted on 2/26/22 at 5:32 pm to
Posted by crazy4lsu
Member since May 2005
36571 posts
Posted on 2/26/22 at 5:32 pm to
quote:

What new communism truly is is fascism


Which is just fascism. Words mean things, and communism implies something very specific, as does fascism. I don’t think they would meet the standards of fascism put forth by Payne, who suggested that one component of fascism was the fascist negations, which are ‘anti-communism, anti-liberalism, and anti-conservatism.’ But fascism has always been the buffet line of political ideologies, though the supremacy of the state as well as having expansionist aims seem to be common themes that connect the Portuguese, Spanish, Italian and German versions. Given the general trend of China and Vietnam, both states who adopted ‘liberal’ economic proposals, they still do pay lip service to communist ideology, with the Vietnamese describing and justifying their reforms as being part of a transition to a more fully realized communist state.

Russia is more clearly a fascist state, especially in that there are very few institutions that exist around Putin. I’ve heard them described as ‘gangster capitalists’ but I think ‘gangsterism’ is a good enough term to describe Putin’s looting of the state. But we don’t even have to go that far to imagine why the Ukrainians don’t want to be part of any Russian designs, just that simply the country and people regard themselves as distinct and want a nation. I don’t think the memory of communism is playing a role in their resistance.
Posted by UASports23
Member since Nov 2009
24354 posts
Posted on 2/26/22 at 5:36 pm to
[The Guardian] - Russia has become a “global economic and financial pariah”, a senior US administration official told the Guardian’s diplomatic editor Julian Borger.

quote:

Speaking after western allies announced new financial measures against Russia, including the removal of some Russian banks from the Swift global payments network, the official said the measures were designed to target the Kremlin and individuals tied to the Russian government.

“We’ll go after their yachts, their luxury apartments their money and their ability to send their kids to fancy colleges in the west. We will also engage other governments, so as to detect and disrupt the movement of ill-gotten gains, and deny these individuals their ability to hide their assets in jurisdictions across the world,” the official said.

They said that all 10 of Russia’s largest financial institutions had now been subjected to sanctions – “holding nearly 80% of the Russian banking sector’s total assets”.

As a result, the official said: “Russia’s government borrowing costs have more than doubled to almost 17%. The S&P credit rating agency has downgraded Russia to junk status. Within 24 hours of our actions the demand for cash in Russia spiked 58 fold, according to reports, and the Russian government scrambled to deplete its own resources to try and shore up its banks and its currency. In short, Russia has become a global economic and financial pariah.”

Russia has been reported to have $630bn in financial reserves stored abroad, in gold and cash, but the new sanctions would render that fund useless, the official said.

“You heard about fortress Russia, the war chest of $630bn of foreign reserves,” they said.

“It’s impressive, but it’s only impressive if Russia can use those reserves. And that means Russia has to be able to sell those reserves and buy rubles to support its currency. And so what we’re committing to do here is to disarm the central bank. And the way we can do that, for example, is by banning US, EU UK, persons from selling rubles to the Central Bank of Russia. That means very simply, the Russian Central Bank can’t support the ruble, full stop, and that means our sanctions will have much greater force.”

The US official said the list of Russia banks to be removed from Swift will ultimately be decided by the EU, but said the US would “work very closely” with European countries “to finalize that list



This post was edited on 2/26/22 at 5:37 pm
Posted by OMLandshark
Member since Apr 2009
109962 posts
Posted on 2/26/22 at 5:40 pm to
quote:

Which is just fascism.


Yes, but when I call China and Russia fascists people at large get confused. Just using the common vernacular with these two, but in company of people who understand I simply call them fascists except for the occasional communist cocksucker.

quote:

Words mean things, and communism implies something very specific, as does fascism.


Agreed, and most people think modern communism doesn’t have much of a difference between Lenin and Xi. Again it’s just the vernacular. If everyone understood they were fascists then I wouldn’t use the C word.

quote:

I don’t think they would meet the standards of fascism put forth by Payne


Mussolini’s definition is mine with my personal caveat at the end.

quote:

Russia is more clearly a fascist state, especially in that there are very few institutions that exist around Putin. I’ve heard them described as ‘gangster capitalists’ but I think ‘gangsterism’ is a good enough term to describe Putin’s looting of the state. But we don’t even have to go that far to imagine why the Ukrainians don’t want to be part of any Russian designs, just that simply the country and people regard themselves as distinct and want a nation. I don’t think the memory of communism is playing a role in their resistance.


I personally think China is more of a fascist state than Russia, but I appreciate your definition and enlightenment. You’ve put thought into this. You’re a smart guy, but I think our differences here are divided between Mussolini and Payne’s definition of it.
This post was edited on 2/26/22 at 5:43 pm
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