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re: Latest Updates: Russia-Ukraine Conflict

Posted on 2/26/22 at 5:35 pm to
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 2/26/22 at 5:35 pm to
quote:

A singular civilian may have pulled the trigger, but he did not act alone and I’ll never be convinced elected and unelected members of govt weren’t involved.


Posted by GreatLakesTiger24
Member since May 2012
60978 posts
Posted on 2/26/22 at 5:36 pm to
quote:

Breaking911
@Breaking911
·
6m
BREAKING: North Korea fires unidentified projectile eastward - Yonhap
uuhhhhh uh oh
Posted by UASports23
Basketball School
Member since Nov 2009
26511 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 TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 2/26/22 at 5:38 pm to
Surely the Ukrainians wouldn’t be so stupid as to stage military equipment in such a way as to allow for a bombardment like this to destroy it all. Right?
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 2/26/22 at 5:39 pm to
Oh shite. Hold on to your dicks.
Posted by OMLandshark
Member since Apr 2009
120445 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
Posted by UASports23
Basketball School
Member since Nov 2009
26511 posts
Posted on 2/26/22 at 5:40 pm to
This guy is one of the exec directors for Bellingcat

[Christo Grovez - Twitter] Kyiv now. Continuous rocket shelling. And three convoys of tanks - almost 500 in total - approaching the city from different directions. It will be hellish tonight.

quote:

Video



Posted by Nole Man
Somewhere In Tennessee!
Member since May 2011
9225 posts
Posted on 2/26/22 at 5:41 pm to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41411 posts
Posted on 2/26/22 at 5:41 pm to
quote:

Yes, but when I call China and Russia fascists people at large get confused.


No one would be confused if you called russia a fascist country. They would be MORE confused if you called present day russia communist. Which you did.
Posted by BohicaBob
Member since Feb 2022
392 posts
Posted on 2/26/22 at 5:42 pm to
quote:

Surely the Ukrainians wouldn’t be so stupid as to stage military equipment in such a way as to allow for a bombardment like this to destroy it all. Right?
Well they have to set up a defensive line somewhere. Let’s hope that Russian targeting isn’t that accurate.
Posted by MSUDawg98
Bear the F Down
Member since Jan 2018
13982 posts
Posted on 2/26/22 at 5:42 pm to
quote:

Surely the Ukrainians wouldn’t be so stupid as to stage military equipment in such a way as to allow for a bombardment like this to destroy it all. Right?
They had some time to prepare. If think they have caches all over the city rather than in one spot on the outskirts of Kyiv.

The bombing of the children's cancer center should give everyone from the guy pushing the button to Putin a head of the line pass to the gallows and hell.
Posted by Jim Rockford
Member since May 2011
105476 posts
Posted on 2/26/22 at 5:43 pm to
Welp they may have captured a Russian brigadier general LINK
Posted by Bring Da Wood
Texas
Member since Dec 2006
2240 posts
Posted on 2/26/22 at 5:43 pm to
quote:

[The Guardian] - Russia has become a “global economic and financial pariah”, a senior US administration official told the Guardian’s diplomatic editor Julian Borger.


I mean that’s good but can they still get to their Swiss bank accounts or Cayman accounts? Hopefully they can’t but I did hear a banking official say they were other transaction networks available that they could move to that weren’t as efficient as Swift.
Posted by Diseasefreeforall
Member since Oct 2012
7409 posts
Posted on 2/26/22 at 5:43 pm to
The Russian people are going to get fed up with this shite. Can't see too many giving a frick about Putin's legacy if it starts to cost them financial security. Russian TV ignoring the war can only work for so long.
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 2/26/22 at 5:44 pm to
quote:

No one would be confused if you called russia a fascist country. They would be MORE confused if you called present day russia communist. Which you did.


Russia specifically, yes, but China, no. When I insist China is fascist and not communist, people will argue with you. Granted China is my wheelhouse in expertise while Russia isn’t.
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 2/26/22 at 5:45 pm to
I wonder if the news of more weaponry coming to Ukraine forced Putin to escalate things.
Posted by PassingThrough
Member since Sep 2021
2622 posts
Posted on 2/26/22 at 5:45 pm to
quote:

Granted China is my wheelhouse in expertise while Russia isn’t.


Hmmm. Think the O-T is going to need to see some bona fides for this.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41411 posts
Posted on 2/26/22 at 5:45 pm to
quote:

The Russian people are going to get fed up with this shite. Can't see too many giving a frick about Putin's legacy if it starts to cost them financial security. Russian TV ignoring the war can only work for so long.


I assume they got pissed when their stock market dropped 45% in a day earlier this week.
This post was edited on 2/26/22 at 5:46 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41411 posts
Posted on 2/26/22 at 5:46 pm to
quote:

Hmmm. Think the O-T is going to need to see some bona fides for this.


He lived there a few years. That makes him an expert.
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 2/26/22 at 5:46 pm to
quote:

Hmmm. Think the O-T is going to need to see some bona fides for this.


Working there and having to talk with the CCP to run a business I think qualifies.
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