Posted on 04/18/2022 9:54:59 AM PDT by marshmallow
The US and its allies have slapped a grand total of over 9,600 sanctions against Russian officials, the state, companies, tycoons and other entities in connection with the crisis in Ukraine. Moscow now has more restrictions against it than Iran, Syria, North Korea, Venezuela and Myanmar combined.
Russia has successfully withstood unprecedented sanctions pressure from the West, President Vladimir Putin has said.
"The calculation was to quickly undermine the financial and economic situation in our country, to provoke panic in the markets, the collapse of the banking system, and a large-scale shortage of goods in stores," Putin said, speaking at a briefing on the economic situation on Monday.
"We can say with confidence that this policy against Russia has failed - that the strategy of the economic blitzkrieg has failed," he added.
Meanwhile, the president said, ordinary Europeans and Americans have been made to suffer a deterioration in their living standards as a result of their leaders' shortsightedness.
"Moreover, the sanctions were not without consequences for the initiators themselves. I am referring to the growth of inflation and unemployment, the deterioration of economic performance in the US and the countries of Europe, the decline in the standard of living of the Europeans and the devaluation of their savings," Putin said.
Putin asked the government to continue to expand its programme of emergency measures to deal with Western pressure, including by accelerating the switchover to foreign trade in rubles and the currencies of Russia's trade partners.
"The restrictions placed on Russia by unfriendly countries have undoubtedly affected the possibilities of our businesses. They have complicated the logistics of delivery in export and import, created obstacles for payment. It is necessary to assist entrepreneurs in solving these problems, including by speeding up the transition of foreign trade to settlements in rubles and.......
(Excerpt) Read more at sputniknews.com ...
Embargo Russia. Also impose really strong sanctions against China, and the rest of China’s and Russia’s allies. Finally wack the Ayatollah in Iran.
hey buddy, that is not what your fellow citizens say!
The FR Putin fanboys will no doubt be cheering this thread very soon.
Regardless of its validity.
While these sanctions are hurting Russia, they are going to hurt Europe even more. And it’s driving further inflation in the US as well. Russia has vast reserves of oil, gas, gold, and strategic minerals, so in the long run they will weather the West’s sanctions better than we will. Biden’s advisors are total idiots and are leading us further into economic ruin. They didn’t plan this out well at all, it’s like they totally misjudged the consequences of the actions they are taking.
Not much of a Blitzkreig if we (Europe primarily) buy oil and gas from them. We’re not serious about outrage on the violence until we do. Either we do nothing and watch or we completely isolate them. These half measures are the worst message. It tells China to invade Taiwan.
Russian supermarket have a shortage of:
Orange marmalade, mango jam, pasta, oats flakes, pancake mix, spaghetti, basmati rice, coffee, tea, cornflakes, rum, ketchup and prawns.
Wait till we get a real president...then Putin’s days are numbered.
If any nation is used to hardships it’s Russia. These economic sanctions are a form of projection. They are what would harm the sanctioners themselves. Russia will weather this better then the EU will. It’s another example of just how incompetent left-wingers are.
“Putin: Russia Has Withstood West’s ‘Economic Blitzkrieg’ Attempt”
maybe for a couple of months, but what about a couple more years, esp. as the West continues to ween itself from russian energy? ... russia’s basically a 3rd world country with nukes, with an economy that is almost exclusively dependent upon exporting non-renewable natural resources ...
Video 4/17/22: Let’s Check The Shops And Prices After 41 Days On Sanctions In Russia.
I think this guy is located around 500 miles NW of Moscow.
https://rumble.com/v1063an-shops-and-prices-in-sanctioned-russia.html
What a unique and intellectually deep post on a Russia/Ukraine thread…
I agree, the Russian people are more likely to accept these hardships as being necessary, whereas the people in Europe and the US will start raising hell over rising gas prices and inflation. These sanctions are going to backfire on us.
I suspect, in the long term, the sanctions will do more damage to the West than the Non Western World, and are already Irrepairable.
Europe is weaning itself off far too slowly. Needs to go "Cold Turkey."
Regards,
The near term political pressure will be in Western democracies.
I don’t think they’ll be able to withstand past their respective next election cycle.
Putin said the sanctions we’re making Russia stronger, so if anything, he should be encouraging the West to continue them indefinitely.
They already have...but it's really not attributable to the sanctions...it's Brandon's policies...like the trucking in Ca...the Mex border fiasco...
Everything Brandon touches brings us down a few more pegs.
What a load of BS!!
Due to the sanctions on Russia, fuel oil deliveries have plunged and storage is brimming with fuel, Vagit Alekperov, the president of Russia’s second-largest oil producer Lukoil, wrote at the end of March in a letter to Deputy Prime Minister Alexander Novak obtained by Russian daily Kommersant. Lukoil suggests redirecting fuel oil to power plants in order to avoid a shortage in storage capacity, Alekperov said in the letter obtained by Kommersant.
The Taif refinery in the Tatarstan region in Russia has shut because of product overstocking, three sources with knowledge of the matter told Reuters earlier this month.
Russia doesn’t have enough storage capacity for oil and products, analysts say, which, in the face of “buyers’ strikes”, would inevitably lead to reduced crude oil production.
“There is the risk you permanently lose some production potential,” Helge André Martinsen, senior oil analyst at investment bank DNB Markets, told The Wall Street Journal this week.
In another sign that Russia could be struggling to sell all of its cargoes, Transneft, the Russian oil pipeline operator, has reportedly informed local oil companies that it would be capping the intake of yet-to-be-sold crude because of full storage.
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