Western financiers severed practically every artery of money between the country and the rest of the globe, in some cases going beyond sanctions
Manezhnaya Square in Moscow. Analysts expect Russia’s economy to contract as much as 20% this quarter.Two weeks ago, Russia’s companies could sell their goods around the globe and take in investments from overseas stock-index funds. Its citizens could buy MacBooks and Toyotas at home, and freely spend their rubles abroad., another war began to isolate its economy and pressure President Vladimir Putin. The first move was made by Western governments to sanction the country’s banking system.
If an economy can be unplugged like a gadget, there is a misunderstanding about real world economy. The financial system is anything but economy— it’s not hard to do it in a system closely monitored by control freaks in 2 days, it can be done in two minutes by flipping a switch.
No-fly zone! Biden help Russian kill the ukraine people right now,CCP support all the money for this war,USA see nothing!
Even if & it's a BIG IF Ukraine accepts PUTINS latest peace offer by going NEUTRAL, & ceding CRIMEA & the two break aways, I'd leave the SANCTIONS in place to assure the NEUTRALITY. Keep the pressure on that economy so it can't pay it's military or continue MILITARY development.
Good & effective step against aggression.
Why didn't this happen after US attacks Afghanistan, Iraq and Lybia unprovoked 🙄
11th biggest economy ONLY due to its production of oil and gas. Otherwise, I can’t think of a useful product or service that Russia exports. World’s biggest petrol station.
SethAbramson Good. Destroy Putin’s economy to the point where his own people overthrow him, by any means necessary. //🏴☠️
⚫︎Putin is afraid that his war crimes will be known to the Russian citizen & soldier. ⚫︎Can Russian billionaires accept the termination of international transactions? ⚫︎The president never exist alone.If you stop Putin's supporters, change happens.
7 reasons why sanctions won’t hurt Russia
The U.S had been wanting to do exactly that for quite a long, long, long time to Russia, disrupts its union, then kill it economically...who's really the aggressor here? The U.S doesn't care if the common U.S citizen pays huge rent, man-made inflation, higher gas, food prices...
As much as I loathe Russia, the ability to cut them off from the world in a week is scary
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11th largest economy and its consumers are directed towards Chinese companies. Huge quantities of oil, gold, diamonds and rare minerals directed towards China at a deal. Cold War 2.0 accelerating China’s raise and replacement of USA(& its partners) as global super power.
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As they should. Have my husband says you can’t hurt him.
Three banks out of hundreds. 😂
‘Further than what the sanctions required?’ Jeepers - standards at the WSJ are slipping.
West Stop buying Russian fossil fuel and supporting Schizophrenic Dictator Putin and sick underdeveloped Russian nation supporting him. Now they are happy when Schizophrenic is killing Ukrainians, tomorrow they will be happy to see Americans and Europeans killed by Schizophrenic.
I'm praying for Jesus to end Russia's war against Ukraine, what about you?
Yet the USA is still importing oil!
Literally into the fucking stone age aka Chinese tech aka the same thing
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