Theft is theft, property is property. If America and the EU won't honor the property rights of world powers they antagonize, the rest of the world will stop trusting western financial institutions, investments and ports. People had this fear of investing in Chinese real estate before the boom, a justifiable anxiety that the Chicom government could simply seize their properties and redistribute them at any time, whenever the west and China come to blows. Well, it happened with the Dollar and Euro markets first. It lets the hawks thump their chests and cheer as Russia takes a smack in the short term, but it sweeps the rug out from under the West's dominance of world markets in the long run. When even Israel won't side with America in geopolitics, we're headed into peril.



There's also the element of just how haphazard and poorly strategized this was. Putin clearly waited until Nord Stream II was finished and Ukraine no longer had the leverage of a pipeline transit country to hold against Russia. Meanwhile the West moved against Russian markets without first building the fleet of LNG tankers or terminals, without providing for alternative imports of gas or wheat for europe or subasia, without giving Russia any out for global finance other than falling right into Chinese arms. How fucking more stupid could we be? We didn't cut Russia off from the world, we sent them to China. Let's not pretend the Petroyuan will always be precluded by Chinese currency manipulation when America pulled out the stops on quantitative easing.
We could very well start antagonizing India out of misguided self righteousness and manage to completely isolate the West within a few years. The Iron Curtain isn't being put up around Russia this time around.

the iron curtain was never gone, it was just pushed eastwards from berlin

the world dividing into multiple camps economically is actually good news for a lot of people that are not in the west

what will be interesting to see is how the petrodollar is going to hold up, its literally the only thing keeping the us going and they have killed hundreds of thousands in recent years alone to protect its status

europe will at least suffer in the short term, but for the rest of the world this means more diversification, more competition in the markets

i would actually like this development if the ukranians didnt have to suffer an invasion for it

This is just the start of the economy war. Oligarchs getting a few of their yachts stolen does not hurt them at all when they own the shipyards and segments of the merchant marine industry producing them. Both the Russia people and the Western peoples need to cast off our leaders, they are terrible for us. Both sides ratcheting up war while we there are very serious domestic problems at home.

Can the military arm of the West (aka the USA) propagate another foreign war or proxy war when we have devalued our currency by half? We literally forced peonage on double digit percentages of our population as the states response to COVID. Common sense dictates to put out your own fire before helping put out a neighbors.

This post was edited by RedFromWinter on Mar 7 2022 07:38am

With the zillions the muricans spend on military, you'd expect they could somehow justify it by being useful and not just bombing talibananas out of caves eh.

Forcing the world into 'you're either with us or against us' imo could backfire significantly. The big Asian countries are not playing along, many of the middle eastern countries are not playing a long. 6 months from now when Russia announces to transact oil in the digital yuan we America will be objectively worse off.

Idk what to do at this point, seems the best place to not have your wealth eroded is hard assets like real estate and precious metals because it's hard for me to see between everything how the dollar comes out stronger on the other side.

Yet you simply have to go on "forced isolationism" like North Korea or Iran. We are in world 2.0 much more multi-polar.

You can't call that Iron Curtain because USSR is dead, and Russia (which is economically a gnome) was capitalist to the extreme with oligarches in a deal with Putin since 20 years.

America can no longer enforce unilateral economic control over the entirety of the second and third world. This was bound to happen eventually. The bandaid of the petro-dollar is gonna have to be ripped off eventually even if it isn't right now.

I'd be extremely wary about real estate. Foreign investments can be arbitrarily seized, that was always a threat, but prices are so wildly inflated right now everyone and their mother assumes a bubble is going to pop in coming years.

Prices seem inflated if you look at it from a static dollar perspective, but over the last few years between the retarded lockdowns/shutdowns that fucked supply chains and endless printing we're seeing the effects now with prices all across the board going to the moon. I work in the mortgage industry, my company basically provides analytics to various institutions that deal in mortgages and all of their derivative products. Right now we're still forecasting a 8% housing price appreciation for 2022.

I'm curious what happens the next election cycle in both the US and Europe. How do the Democrats/leftists/hawks spin this to externalize blame? Every middle & working class family is getting reamed right now. Idk about others but my family personally is starting to be more selective about food shopping habits, what happens when 120-150 dollar per barrel of WTI works it way through the system and the supply chains? I mean this is the type of shit that kicked off the Arab spring. I really can't believe the amount of stupid people who can't comprehend the domino effect of kicking out one of the most important commodity providers in the world and thinking the pain won't spread. Or do they just not care?

This post was edited by ofthevoid on Mar 7 2022 09:52am

fuck china, fuck russia. let them bed down together, push russia into chinas arms then impose the same sanctions on them. cut them from the world at large.