Ukraine related: Was Ukraine Government Is Handing Out Guns To Citizens, What Happened to Gun Control?

bigredfish

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In a remarkable show of force and unity, western powers cast aside all their previous concerns about Russian energy export dominance, and uniliaterally announced the nuclear option of imposing sanctions on the Russian central bank coupled with targeted exclusions from SWIFT of key Russian banks.

  • *EU APPROVES BANNING ALL TRANSACTIONS WITH RUSSIAN CENTRAL BANK
The move has sparked a bank run in Russia, as locals scramble to pull out whatever hard currency they can get their hands on before it runs out, and is certain to trigger chaotic moves in FX and commodities when markets reopen on Monday. Already some Russian banks are offering to exchange rubles for dollars at a rate of 171 rubles per dollar on Sunday, compared to the official closing price of 83 on Friday before the European/US announcement about targeting the Russian central bank. In other words we are looking at a 50%+ devaluation of the Ruble. Additionally, widespread announcements of divestments in Russian equities by the likes of BP pls and the Norwegian sovereign wealth fund mean that the Russian market will be a bloodbath on Monday.
 

bigredfish

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Russia Central Bank Bans Selling Of Russian Securities By Foreigners

former NY Fed staffer Zoltan Pozsar has warned that even without direct action from Russia the markets may be facing an unprecedented crisis which approaches the Lehman weekend in scope, or as Bloomberg's Nikos Chrysoloras puts it "We seem to be tailspinning into chaos. I have covered crises before, but nothing comes even close."
 

user8963

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Restricting trading with his central bank and freezing foreign reserves
Will only hurt the richest who are on a list made by some guys in the US
Russia have a population of around 150 millions...
All think there is only one rich guy, Abramovich

We have many countries here which give rich russians a EU pass. They are citizens of the EU, you cannot freeze their money.
They have millions of properties/real estate here in the EU, its legal here to pay millions with cash, no one give a fuck, there is no register for these transactions.
You can start a letterbox company within a few minutes here, no one cares. No one will ask questions where the money of your company comes from.
Its really easy to invest dirty money here.
What do you think what they all already did since 2014 ?

International Air travel
Will only be a few weeks/months (depends on how long the war will take)
Here are many people who have families in russia and live here.
What do you think? Some guys in the EU will forbid that they see their families?
LOL

Blocking him from SWIFT,
So what ? Russia invented their own system in the last years.. , have china,... cryptocurrencies,
will only hurt short term,
The problem will be more for EU companies, how to pay for all the gas ?

Switzerland is getting in the act freezing Bank for International Settlements assets which affects his monetary reserves
Banks in switzerland may block money which is related to the government of russia and some people who are on the US made list, so what ?
Banks in switzerland dont give a fuck, they are dealing with evil people since ever and will continue forever.

Turkey to close the Bosphorus and Dardanelles Straits
Turkey have inflation of 100% already (google it),
russia is/was their only support because their president Erdogan already broke with everyone
If turkey fucks putin, lol what next... inflation of 1000% ?
They need russia more than russia needs turkey,

Shutting off Nordstream2
Nordstream2 was financed by private held companies.
Wintershall Dea already said that they sue the shit out of germany for refusing the approval.


Then you have a number of countries sending arms, including for the first time ever EU sending $500 million worth including:
Jaw-dropping. Borrell says EU military package may include "supplying fighter jets" for Ukraine's air force, EU has spoken w/ Ukrainian foreign minister "about the type of jets the Ukrainian military needs" & there are "member states...able to supply them"
If they want a third worldwar with cold winters, good luck.

Then you have private companies cutting ties, big ones, BP, Fedex, UPS, Combined, yeah they can add up fast.
BP seems to be forced by the UK gov to sell their rosneft shares... they already said that this will cost them 25 billions ..
Which will result in higher prices, ... inflation here we come !



All in all it would be better for the EU to chill and think again.
They will hurt themselves so much and their citizens will suffer hard,
 
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bigredfish

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There will be plenty of "hurt" to go around for certain.

I'm not advocating anything, just saying the financial sanctions are substantial and have never been implemented before. I think you'll find they have a much bigger affect than only on a few rich guys.

One word:
Liquidity
 

user8963

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I'm not advocating anything, just saying the financial sanctions are substantial and have never been implemented before. I think you'll find they have a much bigger affect than only on a few rich guys.
Time will tell what happens :) no one knows..
Russia have history of suffering for decades and longer times, they are the toughest in suffering ;)

I am only concerned what happens to the EU citizen..
After covid1984 there is not much money left to help the poorest to buy something to eat.

More debts ? Yeah.. we need a higher level :)
 

tigerwillow1

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Restricting trading with his central bank and freezing foreign reserves
Blocking him from SWIFT,
Switzerland is getting in the act freezing Bank for International Settlements assets which affects his monetary reserves
I can't help wondering if this will end up hurting the US and EU more than it hurts Russia? A new system they gin up to bypass the dollar and euro could end up being permanent.
 

sebastiantombs

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Just looking at the chart of Russian money, over 60% has been "frozen" by these new sanctions. That is extraordinarily significant and will take their economy to it's knees starting Monday morning when trading starts in Russia. The Chinese only account for 17%, if memory serves me or is it 27%, but either way, less than 1/4 of their foreign money will be liquid and available.
 

sebastiantombs

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I saw that plane at EWR, years ago when it first flew. Immense is a complete understatement. An amazing piece of engineering and a sad loss for aviation in general.
 
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sebastiantombs

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I've sat in the pilots seat in a C5A. Anything closer than 200 feet was impossible to see from that height and the projection of the nose of the aircraft. I'll bet it was closer to 400 feet on that Anotov.
 
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bigredfish

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Bloomberg Reporter: "We Seem To Be Tailspinning Into Chaos"

Bloomberg Reporter: "We Seem To Be Tailspinning Into Chaos" | ZeroHedge

1) BP decided to take a hit of as much as $25 billion, just to leave Russia immediately
2) Russia's bond market is collapsing
3) Russians lined up at cash machines around the country to withdraw foreign currency
4) Unless there's a surprise de-escalation, Monday may turn out to be a dramatic day for the ruble, Russian stocks, and European markets
5) The European Union closed its airspace to Russia. The blockade applies to any plane owned, chartered or otherwise controlled by a Russian person. Unprecedented
6) The decision to exclude Russian banks from the SWIFT messaging system could result in missed payments and giant overdrafts within the international banking system
7) The EU is going after oligarchs. Essentially now the entire political and economic elite of the country is sanctioned
8) The U.S. Embassy in Russia said citizens in the country should consider departing immediately - The EU approved $500 million in lethal military aid to be used against Russia's invading forces in and banned state media - also unprecedented
9) The EU also banned all transactions with the Russian central bank, severely curbing its ability to use foreign currency reserves to cushion the devastating blow from the sanctions
10) The situation on the front is unclear, but it seems Ukrainian facilities containing nuclear waste suffered damage
11) Putin says he put his nuclear forces on "high alert". Unclear what this means and what are his intentions. On the tactical side, things are definitely not going as well as he had hoped
12) Could planned talks lead to some sort of resolution? Unclear what could a mutually acceptable solution be
13) Meanwhile, Chancellor Olaf Scholz announced plans for a massive boost in defense spending in the latest historic policy shift in Germany triggered by Russia’s invasion of Ukraine.
Or put another way...

 

tigerwillow1

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Just looking at the chart of Russian money, over 60% has been "frozen" by these new sanctions. That is extraordinarily significant and will take their economy to it's knees starting Monday morning when trading starts in Russia.
I'm not saying you're wrong. All I know is what I read on the internet. I'm guessing that this is overblown and it won't tank the russian economy. If I end up with foot-in-mouth, I've had plenty of practice. When I looked at drudge yesterday, a summary was that russia is winning. Looking at breitbart at the same time, the summary was ukraine is winning. The wall of propaganda being shoveled at us is so thick I don't think any truth can get through it.

Looking at some real numbers right now, the euro is down to $1.115, was $1.135 a week ago and 1.145 2 weeks ago. 100 rubles now costs about $1.19. A week ago it took $1.28, and 2 weeks ago about $1.31. Over 2 weeks the dollar climbed 2.6% against the euro and 9.2% against the ruble, so yes, the ruble has lost a lot of value over the last 2 weeks, with the euro also down not as much. Right now gold is up 1.1% from Friday's close, hardly signaling any panic. I look at all of this, and think taken as indicators together, they don't mean squat. Maybe there will be more clarity on Monday.
 

sebastiantombs

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Those figures will change dramatically on Monday. I've seen reports that the ruble is down another 20%. That's a major drop for just over the weekend. Great Britain and someone else are cancelling oil purchases as well, again some significant money involved if true. The DOW futures are already down $500 with trading still almost 12 hours away. Markets everywhere will fall sharply tomorrow without a doubt just based on the slow progress the Russians seem to be making in the Ukraine, let alone all these new sanctions. Hold onto your wallet, gas up your vehicles and hit the ATMs.
 

mat200

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Due to youtube and other media censorship issues the vehicles I have seen so far included very few dead ..

So when I see burned vehicles under such situations, it could be that the crew decided to bail and burnout the vehicle or that opposing forces did so.

Also many of the vehicles look like possible mechanical breakdowns, or out of fuel perhaps - as some do not look very damaged..




Hmm.. what do you expect people look when burned down in a vehicle ?
There are many videos out of dead russians..
But not many want to see it ??

Spoiler contains gore

 

mat200

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..
Nordstream2 was financed by private held companies.
Wintershall Dea already said that they sue the shit out of germany for refusing the approval.
..
Such a lawsuit will not go through imho as nearly all contracts contain some of "war" or related clauses ..
 
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