d2jsp
Log InRegister
d2jsp Forums > Off-Topic > General Chat > Political & Religious Debate > Russia / Ukraine
Prev1331533163317331833194527Next
Add Reply New Topic New Poll
Member
Posts: 51,716
Joined: Jan 19 2007
Gold: 15,520.00
Aug 18 2023 03:26am
Quote (babun1024 @ Aug 18 2023 10:21am)
https://www.cnbc.com/2023/08/18/asia-markets.html

We're looking at another 2008 on top of the inflation due to the Ukraine war. Nice times to come :lol:


The 2008 was a sudden crash, granted it continued for three years until mind 2011 (in my country anyway) my view is we are looking at a prolonged decline, which will take longer then 3 years to reach rock bottom.
Member
Posts: 52,469
Joined: May 26 2005
Gold: 4,404.67
Aug 18 2023 05:28am
Quote (Vastet @ 18 Aug 2023 02:00)
No there is not. Either way goods are destroyed. If food from Russia can't be shipped then it rots, which is functionally identical to being blown up or burned.


The Western sanctions were never able to stop Russian exports altogether, just reduced the market for them and increased the cost, with the idea being that some of the additional costs imposed through the sanctions would eat into Russia's profit margin. Furthermore, their exports could resume as soon as the Western sanctions are lifted. By contrast, it will take years to replace destroyed ships or terminals.

Also, let's not pretend like Western sanctions were focused on Russia's grain exports - the focus has always been oil and natural gas.

This post was edited by Black XistenZ on Aug 18 2023 05:28am
Member
Posts: 51,716
Joined: Jan 19 2007
Gold: 15,520.00
Aug 18 2023 05:30am
Quote (Black XistenZ @ Aug 18 2023 12:28pm)
The Western sanctions were never able to stop Russian exports altogether, just reduced the market for them and increased the cost, with the idea being that some of the additional costs imposed through the sanctions would eat into Russia's profit margin. Furthermore, their exports could resume as soon as the Western sanctions are lifted. By contrast, it will take years to replace destroyed ships or terminals.

Also, let's not pretend like Western sanctions were focused on Russia's grain exports - the focus has always been oil and natural gas.


why?

why oil and natural gas exports and not other things ? why not everything ?

This post was edited by ferdia on Aug 18 2023 05:30am
Member
Posts: 52,469
Joined: May 26 2005
Gold: 4,404.67
Aug 18 2023 05:32am
Quote (ferdia @ 18 Aug 2023 13:30)
why?

why oil and natural gas exports and not other things ? why not everything ?


Because oil and natural gas exports are the big money makers for Russia. Basically their entire public finances hinge on the revenue from state-owned oil and gas companies.
Member
Posts: 8,572
Joined: Mar 2 2006
Gold: 3,391.00
Aug 18 2023 05:41am
Quote (Black XistenZ @ 18 Aug 2023 13:32)
Because oil and natural gas exports are the big money makers for Russia. Basically their entire public finances hinge on the revenue from state-owned oil and gas companies.


Gas is not sanctioned - Europeans can buy it if they want to.

Crude/oil caps are being subverted by removing eu/us element from trade chain and overcharging for shipping.

Ags and metals were never sanctioned as well.
Member
Posts: 52,469
Joined: May 26 2005
Gold: 4,404.67
Aug 18 2023 05:46am
Quote (Malopox @ 18 Aug 2023 13:41)
Gas is not sanctioned - Europeans can buy it if they want to.

Crude/oil caps are being subverted by removing eu/us element from trade chain and overcharging for shipping.

Ags and metals were never sanctioned as well.


Gas in indirectly sanctioned because we're withholding key tools and equipment for maintenance and exploration which Russia can't produce themselves, and because we're making it harder for Russia to find insurance for LNG ships which could export their gas to non-Western consumers.
Member
Posts: 43,364
Joined: Aug 25 2008
Gold: 49,920.00
Aug 18 2023 05:46am
Quote (Malopox @ 18 Aug 2023 19:41)
Gas is not sanctioned - Europeans can buy it if they want to.

Crude/oil caps are being subverted by removing eu/us element from trade chain and overcharging for shipping.

Ags and metals were never sanctioned as well.


They can't use SWIFT to transact right ? Opening LC or SBLC ?
Member
Posts: 4,591
Joined: Jan 30 2021
Gold: 751.50
Aug 18 2023 05:58am


ukraine throwing everything at the russians
Member
Posts: 43,364
Joined: Aug 25 2008
Gold: 49,920.00
Aug 18 2023 06:02am
Quote (JohnnyMcCoy @ 18 Aug 2023 19:58)
https://abload.de/img/20230818_081646kyeyr.jpg

ukraine throwing everything at the russians


This is real time ?
Member
Posts: 8,572
Joined: Mar 2 2006
Gold: 3,391.00
Aug 18 2023 06:05am
Quote (Black XistenZ @ 18 Aug 2023 13:46)
Gas in indirectly sanctioned because we're withholding key tools and equipment for maintenance and exploration which Russia can't produce themselves, and because we're making it harder for Russia to find insurance for LNG ships which could export their gas to non-Western consumers.


That’ must have the biggest single stupid decision by the Germans about these sanctions. If you don’t provide turbines to pump gas - you get no gas and can’t blame the Russians they don’t deliver (weaponise) gas deliveries. German Uniper goes bust and you have to spend hundreds of billions of Euros bailing them out. Play stupid games, win stupid prizes.

LNG is still floating fine: https://www.reuters.com/business/energy/spanish-imports-russian-gas-jump-may-nearly-28-total-2023-07-10/

EU is also withholding funding from Norwegian drilling and offshore service companies yet Europe expects Norway to bail out Europe with their gas supplies replacing Russian. Norwegians are openly laughing at Europeans and get US/Japanese/Chinese funding for their drilling and oil&gas businesses. Try solving that riddle lol.
Go Back To Political & Religious Debate Topic List
Prev1331533163317331833194527Next
Add Reply New Topic New Poll