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"Russia is isolated now" "The sanctions are working!"

Posted on 3/3/22 at 6:09 pm
Posted by Seldom Seen
Member since Feb 2016
48737 posts
Posted on 3/3/22 at 6:09 pm
Posted by 91TIGER
Lafayette
Member since Aug 2006
19458 posts
Posted on 3/3/22 at 6:12 pm to
Sanctions are working ! CLAP CLAP, CLAP CLAP CLAP

Yep, this is all bullshite.
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 3/3/22 at 6:13 pm to
sounds like russia is moving all of its business over to china

this hurts no one but america and europeans
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 3/3/22 at 6:14 pm to
CIPS will become more known in the coming days.
Posted by TexasTiger13
Houston, TX
Member since Oct 2014
509 posts
Posted on 3/3/22 at 6:18 pm to
So this will strengthen china’s push to get away from the US dollar as the worlds currency? FJB
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 3/3/22 at 6:19 pm to
quote:

CIPS will become more known in the coming days.


Yep. Posted a thread about it two days ago.
Posted by Bearcat90
The Land
Member since Nov 2021
2955 posts
Posted on 3/3/22 at 6:29 pm to
quote:

So this will strengthen china’s push to get away from the US dollar as the worlds currency? FJB


No. It won't.

For comparison sake, here is GDP of "selected" entities in 2021:

Russia: 1,478 Billions
California: 2,723 Billions
USA: 20,893 Billions

World GDP Rankings

GDP by US State
Posted by RollingwiththeTide
Member since Oct 2020
6651 posts
Posted on 3/3/22 at 6:40 pm to
If we had political leaders with some balls that would cancel the debt with China because they purposely spread Covid around the world and used it as a bio weapon then this move wouldn’t matter and we could strangle both these totalitarian regimes out overnight. Could be a good thing to get those 2 linked together then bring down China overnight if Congress would show some courage for a change.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 3/3/22 at 6:44 pm to
quote:

So this will strengthen china’s push to get away from the US dollar as the worlds currency? FJB




Yes. Some financial types brought it up as soon as the talk of banning Russia from SWIFT was floated.

Saying the US/Euros may be shooting their face off in their rush to punish Russia.
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 3/3/22 at 6:45 pm to
Seems like we just made them and China best buds.

I’m not sure how that is in our best interest.
Posted by OGM
Baton Rouge
Member since Aug 2020
468 posts
Posted on 3/3/22 at 6:45 pm to
They won’t do that because then they wouldn’t be able to keep borrowing from them.
Posted by Seldom Seen
Member since Feb 2016
48737 posts
Posted on 3/3/22 at 6:49 pm to
Posted by Fells
Member since Jul 2015
4361 posts
Posted on 3/3/22 at 6:49 pm to
quote:

Could be a good thing to get those 2 linked together then bring down China overnight if Congress would show some courage for a change.


China only holds a small portion of US foreign held debt, which in itself is a small portion of our total debt, most of which we owe to ourselves.

The importance of China-owned US debt is wildly dramatized.
Posted by sostan
Louisiana
Member since Jul 2010
1149 posts
Posted on 3/3/22 at 6:57 pm to
quote:

If we had political leaders with some balls that would cancel the debt with China 


Our government is too addicted to debt for this to happen.
Posted by Alex777
Member since Jan 2022
385 posts
Posted on 3/3/22 at 6:59 pm to
As I posted in another post some long time ago

'' If only Russia limited with an economic superpower who they are friendly with, and is willing to provide for them ! ''

if Biden was a strong leader, he would prompt all countries to double down in the embargo by doing the same with China, and literally taking them both down.

But as we all now, that's not going to happen.
This post was edited on 3/3/22 at 7:01 pm
Posted by RTRinTampa
Central FL
Member since Jan 2013
5532 posts
Posted on 3/3/22 at 7:13 pm to
quote:

this hurts no one but america and europeans


Russia's GDP is about the same as Florida's. It's not the end of the world by any stretch of your imagination.
Posted by TexasTiger13
Houston, TX
Member since Oct 2014
509 posts
Posted on 3/3/22 at 7:22 pm to
I was asking about china taking over as the world currency not Russia. I china’s gdp is less than the US but more investments seem to be going to them from other countries.
Posted by Eurocat
Member since Apr 2004
17174 posts
Posted on 3/3/22 at 7:26 pm to
quote:

Seems like we just made them and China best buds. I’m not sure how that is in our best interest.



They already were/are best buds.

Posted by Alex777
Member since Jan 2022
385 posts
Posted on 3/3/22 at 8:09 pm to
quote:

They already were/are best buds.


This. Anyone who thinks China and Russia are not in good terms is plainly an ignorant idiot. The Chinese are literally helping the Russians to develope Siberia as an economic region.
Posted by Placekicker
Florida
Member since Jan 2016
13696 posts
Posted on 3/3/22 at 9:31 pm to


With Biden being a Chinese stooge, could this be part of the plan? Yet another way to enrich China???
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