Posted on 12/06/2021 12:38:46 PM PST by Browns Ultra Fan
Is the US engaged in a monetary cold war with Russia? It looks that way if we consider the Index of Global Easing and Tightening from the Council of Foreign Relations.
Russia and Brazil are tightening along with Mexico, Colombia, Peru, Argentina and Chile. Add Pakistan, The Czech Republic and Poland to the list of tighteners.
The looseners? The US, of course, with Canada, Australia, China, India, Western Europe, Turkey and Nigeria. New Zealand is the quickest loosener.
This looks very cold war-like. But a monetary cold war.
(Excerpt) Read more at confoundedinterest.net ...
No.
Monetary cold war with Russia and now a diplomatic boycott of the 2022 Beijing Olympics.
2022 is going to get real interesting.
Biden will do what China tells him to and not one second more...................
The US can’t pick a currency war with any single nation.
You do what makes sense for your own economy. And to win a trade war, you use tariffs. Or bans in extreme cases.
Last time I checked, the 2nd largest importer of petroleum products to the US after Canada is Russia, having edged out MX.
What is all this Kabuki Theater crap?
Foreign Minister Sergey Lavrov:
“Our Western colleagues have lost the culture of dialogue and diplomatic negotiations, and the ability to look for consensus and a balance of interests. If something goes against their grain, they promptly impose sanctions.”
The neocons and deep-state have been cranking up the economic pressure on Russia for a while - certainly since they flipped Ukraine in 2014.
I imagine Russia is not surprised. More Biden PR spin and narrative building.
Stand up to Russia? Russia is tightening it’s currency, those sneaky bastards. What a dirty trick to have a responsible currency. Next thing you know they’ll do their dishes right away instead of letting them sit there overnight!
We need to demand they loosen their currency and fall into inflation and debt!
Soon Russia will be our number 1 source of energy. And Hunter will give 10% “to the big guy”
He may have a point, but he is complaining about sanctions because sanctions work.
There is a time for diplomacy. There is as time for sanctions. And there is a time for war.
Following something like Russia’s invasion of another country, is not the time for dialog. It’s the time for either war or sanctions.
Total joke. According to the chart inflation in the US was 2.34% last year.
Idiots. Gaslighting idiots.
“He may have a point, but he is complaining about sanctions because sanctions work.”
Interesting. Can you please refer us to a single time sanctions have ever worked?
I think the properly calculated trade balance for 2021 is going to be shocking.
The part of the problem with the global supply chain is the containerized Chinese goods coming to America and stay, because the US doesn’t export anything anymore.
How are you going to wage an economic war if your major export are rapidly devaluating freshly-minted dollars? The dollars everybody is increasingly trying to avoid for risk of trade sanctions Congress imposing left and right.
*** He may have a point, but he is complaining about sanctions because sanctions work. ***
If you’ve followed Sergey Lavrov, he isn’t complaining, he is plain spoken. He states facts.
I guess sanctions might work to try to leverage people or countries to one’s will. Look at the sanctions against people in the US who are being sanctioned by the Vaccine Mandates.
Loss of jobs, access to medical care, organ transplants, education, religious services, travel.
In some countries, loss of access to any meaningful participation in society, as well as the above.
Sanctions do not affect those at the top of the food chain, so, I am not a fan of sanctions.
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