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re: Latest Updates: Russia-Ukraine Conflict

Posted on 4/6/22 at 9:47 am to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139109 posts
Posted on 4/6/22 at 9:47 am to
quote:

Xi is probably coming across the best for now for individual World Leaders. Loosely supporting a traditional ally but staying enough on the fence to commit to whichever team wins in the end.

For the USA, the US State Department as a group/team is more influential than Biden for the US role in this thing.


Putin has already recovered the ruble to pre-conflict levels despite the sanctions and is attempting to transition to ruble to a gold standard. I believe he's going require Russian oil and gas be paid for in gold and/or rubles. That's likely going to be a power move the West can't ignore.
Posted by Jim Rockford
Member since May 2011
105627 posts
Posted on 4/6/22 at 9:58 am to
quote:

Putin has already recovered the ruble to pre-conflict levels despite the sanctions




By raising interest rates to 20% and other measures that will do severe long term damage. The ER doc who pumps a gunshot wound victim full of plasma has averted the immediate crisis but the patient is still in dire straits.

Putin is no economist just like he's no military strategist. I don't know why people think he's some mastermind in areas he has no training.
This post was edited on 4/6/22 at 9:59 am
Posted by MoarKilometers
Member since Apr 2015
21257 posts
Posted on 4/6/22 at 10:00 am to
quote:

We invaded Iraq in 2003 without justification

You mean they were in complete compliance with all of the terms of their surrender agreement?



Now did we add on some unnecessary b.s. to try and garner public support, of course. But Iraq entered a contract, and Iraq violated the terms of that contract.
Posted by IAmNERD
Member since May 2017
24395 posts
Posted on 4/6/22 at 10:06 am to
quote:

If you believe Putin is some low IQ despot lashing out for no reason you’re a fool. He’s probably the best player out of the world power leaders.

JFC some of you have drank the whole damn cooler of Kool aid.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11965 posts
Posted on 4/6/22 at 10:06 am to
quote:

other measures that will do severe long term damage


Have the U.S. and U.N. done anything that could cause severe long term damage to themselves? Seems to be the missing variable here. Russia's military appears to be weak no doubt but that's got nothing to do with the Western response and the fallout from it.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139109 posts
Posted on 4/6/22 at 10:07 am to
quote:

By raising interest rates to 20% and other measures that will do severe long term damage. The ER doc who pumps a gunshot wound victim full of plasma has averted the immediate crisis but the patient is still in dire straits.

Putin is no economist just like he's no military strategist. I don't know why people think he's some mastermind in areas he has no training.

I certainly don't think he's some mastermind, but he's directly challenging the petrodollar with something that's backed by gold. And he's doing that at a time where the European nations that rely on his petroleum have their largest ally pledging to stop producing at a time when they're the most vulnerable. Seems like this could potentially be a pretty significant shake-up.
Posted by Bunk Moreland
Member since Dec 2010
69420 posts
Posted on 4/6/22 at 10:08 am to
I have noticed a lot of the libertarian/goldbug sites have been gushing over what Putin did and think this is some master class to a new monetary order away from the petrodollar. But, those sources tend to be anti-U.S./empire, so take with a grain of salt.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11965 posts
Posted on 4/6/22 at 10:08 am to
quote:

petrodollar


*Eurodollar
Posted by 1BamaRTR
In Your Head Blvd
Member since Apr 2015
24873 posts
Posted on 4/6/22 at 10:10 am to
quote:

I have noticed a lot of the libertarian/goldbug sites have been gushing over what Putin

Really? The ones I’ve seen are overwhelmingly anti-Putin and always have been. Because they view him as a tyrant
Posted by Bunk Moreland
Member since Dec 2010
69420 posts
Posted on 4/6/22 at 10:10 am to
Is Germany just going to commit economic suicide to appease the west? That is one of the most interesting situations here.
Posted by tokenBoiler
Lafayette, Indiana
Member since Aug 2012
5071 posts
Posted on 4/6/22 at 10:19 am to
quote:

My buddy’s website just got hacked in Russia. You’ll never guess who the IT guy is lol.
Ron Watkins? Hunter Biden? Zuckerberg?
Posted by cypher
Member since Sep 2014
5789 posts
Posted on 4/6/22 at 10:21 am to
quote:

If you believe Putin is some low IQ despot lashing out for no reason you’re a fool. He’s probably the best player out of the world power leaders.


He has miscalculated big time on many levels. This war may wind up being his undoing.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11965 posts
Posted on 4/6/22 at 10:22 am to
It appears they pulled the trigger a long time ago with energy and letting the Euro piggyback on their economy

I'm just worried we are headed down a dark path with private property laws, military and economic weakness and a tendency to be isolationist/"diplomacy as a goal" on the foreign front. All while the East and West are decoupling from each other. It's a highly volatile situation that is getting down played and overshadowed by war images.
Posted by StormyMcMan
USA
Member since Oct 2016
4694 posts
Posted on 4/6/22 at 10:25 am to
quote:

Putin has already recovered the ruble to pre-conflict levels despite the sanctions


By not allowing any foreigners to trade and limiting how much foreign currency one can withdraw among other measures to create "artificial" demand. Not only is it artificially inflated, but it's still not to "pre war" levels. Prior to the military build up and expected invasion it was around 1 USD to 77 ruble. Today it's 1 USD to 83 ruble.

It's like claiming the Russian stock market rebounded when no-one but Russian owned financial investors can trade. Sure, the numbers look good, but it's not reality.

quote:

I believe he's going require Russian oil and gas be paid for in gold and/or rubles. That's likely going to be a power move the West can't ignore.


He's announced this twice and both times Gazprom has had to back off the forced transition.
Posted by Centinel
Idaho
Member since Sep 2016
46575 posts
Posted on 4/6/22 at 10:27 am to
quote:

Is Germany just going to commit economic suicide to appease the west? That is one of the most interesting situations here.


No. Talks are underway with Kazakhstan to provide much of what Germany was getting from Russia.

Putin doesn't have the leverage he thinks he does.

He underestimated Ukraine.
He overestimated his military.
Now he's overestimating his economic clout.
Posted by TacoNash
Member since Mar 2020
715 posts
Posted on 4/6/22 at 10:33 am to
Most analysts are predicting Russias GDP to shrink by 10-15% and inflation to rise about 25% year-on-year.
Posted by Bunk Moreland
Member since Dec 2010
69420 posts
Posted on 4/6/22 at 10:37 am to
quote:

I'm just worried we are headed down a dark path with private property laws, military and economic weakness and a tendency to be isolationist/"diplomacy as a goal" on the foreign front.


Rest assured, Victoria Nuland, her husband, Michael McFaul, Bill Kristol, and David Frum are not going to let that happen.
Posted by DabosDynasty
Member since Apr 2017
5180 posts
Posted on 4/6/22 at 10:40 am to
quote:

What I'm getting at is the media does nothing without a profit motive. There's no profit motive for skewing the news coming out of Ukraine. People will watch or not watch regardless.

It's not like domestic news.

ETA: Let me clarify. While there may be bias from western reporting, it's not purposeful like it is coming from Russia. Russia has a vested interest in skewing the news as much as possible. Our media does not.


Respectfully disagree. Our media and 2/3 the government has spent 6 years trying to blame everything on Russia, they’re invested in making Russia look bad. Russia is their big bad boogie man to draw eyes. Of course they have a vested interest in Ukraine looking positive as well because of the Biden ties there.

To add to the above, I don’t recall anywhere near the public & governmental show of support (emotions, not financial/equipment) for Georgia in 2008.

The west is certainly set up to see Ukraine in a positive light vs Russia.

This is not some false flag argument, simply a rebuttal on western media having a vested interest to skew perception of this conflict that predates the conflict itself.
Posted by TacoNash
Member since Mar 2020
715 posts
Posted on 4/6/22 at 10:42 am to
quote:

Georgia


To be fair, most people probably didn’t even know there was a country called Georgia.
Posted by DabosDynasty
Member since Apr 2017
5180 posts
Posted on 4/6/22 at 10:44 am to
quote:

To be fair, most people probably didn’t even know there was a country called Georgia.


Most of them didn’t know about Ukraine either before the Trump presidency. The average American doesn’t know jack shite about the world.
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