Only people who are more concern with dollars and cents than loss of human lives due to Russia indiscrimate bombing and murdering of civilians in Ukraine will say that sanctioning of Russia is counter-productive.
once the US stops the supply of weapons to Ukraine . the war will end. Zelensky will flee to the US and enjoy life at his mansion in the US with his ill gotten money. the real issue is that the US has the final say on this war , not Zelensky .
This Russia US EU thingy is whitemen fight! We asian just watch at far! As long as we are not drag into China Taiwan thingy! If Tawan cross the redline, it's on Taiwan! Asia should not even get involve! As for Russia Ukraine war right now, let it be! couldn't be bothered anymore! No chinese, no indians or brown skin people are slaughtered! So why talk about Russia sanctions since we can get oil from Saudi!
Funnily enough, America used to say the same thing before WW2. When Germany and Japan started going on an invading spree, they said "its Europe's or Asia's problem, nothing to do with us".
And yet, we all, yes even the chinese, are thankful that the US did eventually get involve and help end WW2.
The fact is, Malaysia benefits from peace. A war in Taiwan, the country that produces the majority of the chips that power our technology and whose supply chain is closely linked to ours, will definitely hurt us. So Malaysia must also take active steps to make sure that such a war doesn't happen. It's not just ethical, it's also pragmatic. If a missile hits and destroys those TSMC plants in Taiwan, well there goes pretty much everything that relies on high-end chips, from cell phones to airplanes, cars, data centers, etc.
"All NATO countries are discouraged or forbidden to buy Russian products such as oil, gas, wheat and fertilisers. As a result, the prices of oil, gas, wheat and fertilisers has been surging and affected the prices of many other consumer products. That is why I said sanctions on Russia is counterproductive."
1. Having the NATO member countries had to buy oil and gas, fertilizers and wheat from others instead of Russia, the lessen supplies/suppliers would have caused these prices hike. The costlier raw materials will affect the price of the finished/manufactured products made available for the consumers. Those remaining suppliers (other than Russia) still enjoying the lucrative prices of the raw materials.
2. The costlier raw materials have resulted the higher cost of production. Therefore, consumers have to pay the higher prices for the daily consumption in terms of foods and utilities. The chain reaction effect will be triggered where the purchasing power of the same amount of money from each family will be reduced. Inflation is fit to define such a market phenomena.
3. The traditional method to tackle inflation is by increasing the lending/borrowing interest rates whereby the central banks/governments will discourage spending/continuous purchasing the already diminished quantity of products ( e.g. eggs, chicken, etc ) that will lead to a contraction of the economy.
4. Some countries are not able to reduce the import quantity for their consumption immediately so the cost for importing the goods will translate into imbalance of Balance of Payment that causing the negative impact on their foreign exchange position.
I really dont get KYY's logic. NATO expected that the sanctions will hurt them to an extent. The reason they still did it is because it will hurt Russia more, which it did, to the point that Putin even had to say that it was fighting an economic war. Stores are closed, their foreign reserves are frozen, have to sell their oil at discounted price,cant get important supplies for airplanes, etc. Those are painful. Unless Russia ends up richer instead of poorer because of the sanctions, we can't really say its counter-productive.
Want to learn about mathematics, chemistry/KLSE, no problem. But the Word of God, can not be ignored.
They identified the Chinese as the descendants of the Sinites as recorded in Chronicle 1:13 and Genesis 10:16 inclusively. Hence, they used SINO-America war to describe the conflict between the Chinese and the Americans.
The Amalekites are the tribe than denounced by the Lord. Haman in the Book of Esther is the Amalekite that wanted to destroy the community. Today, the Amalekites are inside the USA government and together with the wicked people formed the war mongering leaders.
NATO wanted to weaken Russia by imposing the various types of sanction. Instead of destroying Russia, the sanction gave Russia the determination to sell/export to other markets so enriching the Russians. The Russian Ruble appreciated greatly after a short time of down fall. SO, the sanction on Russia is counter productive.
"the sanction gave Russia the determination to sell/export to other markets"
That's because they're losing their existing market. And even in the new markets, they have to sell at a discount to market prices; that's not enriching, that's desperation that they wouldn't have had to resort if sanctions were not imposed.
And the Russian rubble appreciated after strict capital control were imposed and interest rate were greatly increased. The cost will be borne by Russians who now have to pay more interest on their loans. What's the point of having a strong currency if you cant freely use it to make imports. The currency appreciation is an illusion of strength.
So no, the sanctions are not counter productive. They're hurting Russia as was intended.
The Top Importers of Russian Fossil Fuels The EU bloc accounted for 61% of Russia’s fossil fuel export revenue during the 100-day period.
Germany, Italy, and the Netherlands—members of both the EU and NATO—were among the largest importers, with only China surpassing them.
China overtook Germany as the largest importer, importing nearly 2 million barrels of discounted Russian oil per day in May—up 55% relative to a year ago. Similarly, Russia surpassed Saudi Arabia as China’s largest oil supplier.
The biggest increase in imports came from India, buying 18% of all Russian oil exports during the 100-day period. A significant amount of the oil that goes to India is re-exported as refined products to the U.S. and Europe, which are trying to become independent of Russian imports
"So no, the sanctions are not counter productive. They're hurting Russia as was intended."
It did not hurt the Russians as intended. Likely, most who oppose Putin will be replaced and Putin will be still around in 5 years time.
They wished Putin had a sickness and died. They said the Russian soldiers rapped the Ukrainians women, they sanctioned Putin's friends/children, bombed the Ukrainians school/bus stations/kindergartens. .....all those claims that could be totally untrue. In any war, when exchanging fires, nobody can avoid some damages of buildings or innocent civilians, etc.
1. There will be casualties from all parties that got involved in any war. It is the degree of the sufferings that each country will have to go through and normally the party that can withstand the successive losses in terms of soldiers, bullets or tanks will stand out to win.
2. The Russians government must have made a projection/P&L because Putin was a KGB leader instead of a Hollywood film star. Also, the American leaders and Europeans leaders are not so smart like Putin. You can take the recently resigned UK's PM as an example.
3. USA and NATO are also suffering now. Don't they? The consequences from the inflation in the US/European economy can be very tragic for its people and the government as well. I think the Treasury of the Russians are much better than many of those NATO members/USA.
The uproar over the disappearance of about 6 billion USD worth of deposits of more than 400,000 depositors in several village banks in Henan has lasted for more than two months, and depositors are still unable to take out their deposits. Thousands of Henan village bank victims from all over the country gathered in front of the People's Bank of China in Zhengzhou, Henan, in the early hours of July 10 to protest. On July 11, in view of the pressure from various parties, the Henan Banking and Insurance Regulatory Bureau and the Henan Provincial Local Financial Supervision Bureau issued an announcement stating that the principal of the customers in four involved village banks will be advanced in batches. On July 6, two village banks in Hebei announced their dissolution and whose business and property were acquired by Zhangjiakou Bank. Recently, the Bank of Nanjing, which has total assets of 1.75 trillion yuan, has been in trouble again. In addition, the debt crisis in the real estate industry has gradually spread to the financial industry. Once the financial crisis breaks out in banks, people's deposits will disappear or cannot be withdrawn at will. The banks and the government collude with each other in the name of maintaining order, which has already led to public discontent. As more and more crises break out in the property market, local institutions, and eventually the entire financial system, it will surely shake the rule of the Chinese Communist Party.
Those 100-days import are no longer representative of the future. On June 3, the European Union adopted a sixth package of sanctions, including a partial embargo on Russian oil. The sanctions will ban seaborne imports of Russian crude oil as of December 5, 2022, and ban petroleum product imports as of February 5, 2023. An ongoing process to de-Russian EU energy reliance.
And you just confirms what I said about Russia being forced to sell its oil at discount prices. "China...importing nearly 2 million barrels of DISCOUNTED Russian oil per day in May. They sell more volume, but at lower prices. Without those sanctions, they could have sold even more volume at higher prices and made more money.
"...all those claims that could be totally untrue."
Could be? So you also not sure. Well here are the fact, it's Russian media who say that Russians are not commiting war crimes. The question is, why would you believe the Russian media, when they don't even acknowledged that a war is happening and that Ukraine was invaded? Blatant fallacies, that everyone, even China admits is not true, yet you still want to belive Russian media?
NATO is also suffering, they expected that. But Russia is hurting far far more. You think inflation is painful? NATO consist of rich developed country's, they can bear inflation. Losing you foreign reserve, losing foreign investment, losing supply of vital parts to the point that your local airlines can't fly, that is the pain that Russia is currently experiencing.
Imagine Malaysia's USD115. 6 billion of foreign reserve suddenly frozen, the pain of that to us would be crazy. That pain is what Russia is currently facing.
1. Exactly, let's see who (Russia or NATO/USA) can last longer with whatever resources that are in their hands be it cash or materials.
2. It boils down to humans which have emotion and psychology that come with limit. When a single person thinking that a group of people (NATO that keep on expanding until the borders of the Russians) came to attack or provoking him then that single person can react unusually...nuclear war. Effectively, the Russians were provoked to willing to start a war.
3. To confiscate/frozen Russia gov/Putin's friends/another country's funds kept in the banks is just illegal. Back to the point, during wars the laws are not followed so expect the contraventions.
4. That bil of dollars are big but Russia luckily got customers for their weapons, gas and oil. Trades transaction ought to be settled by Ruble has help to fund the losses to be incurred. But many NATO members do not have oil/gas revenue or income to fund even their own expenses so not to mention the ongoing war.
1. Well when it comes to resources, definitely NATO wins lmao. The US can literally print money and get away with it because countries like China loooooves buying the dollar.
2. Both were provoked. NATO managed to expand because eastern european countries were provoked by Russian aggresion, they were scared and wanted protection. Just look at Sweden and Finland who were soo scared of Russia, that they gave up decades of neutrality to join NATO. The question is, is any of the provocation a reason to start invading a country. Of course not, that's why Russia is guilty.
And also, why invade Ukraine? In 1990s, Russia agreed that in exchange for Ukraine giving up its nuclear arsenal to it, Russia will not attack, but they eventually did. Recent events proves that one should not trust Russia.
3. The war is illegal, Ukrainian are being robbed of their lives and country, yet you are worried about confiscated Russian assets? Lmao
4. Actually, Russia cannot manufacture a lof of their weapons now because a lot of the parts needed come from western countries who are no longer selling it to them.
And yes, many NATO members do not have oil & gas revenue. That's why they rely on high-value items like machinery, software, hardware, financial services, etc as exports, which are faaaar more profitable. That's why NATO countries have very high GDP per capita.
Germany alone has a GDP more than twice that of Russia. And the United states, the biggest funder has both oil and high-value technology and service exports.
So when it comes to total wealth. NO COMPARISON, NATO are far far faaaaar richer. Everyone knows that. Russia is not even considered a developed high-income country. Heck, its GDP per capita is less than that of us Malaysians, lmao. Most likely far lower now because of the economic damage from the war.
1. The war should not have been started. 2. Who is more likely to be cornered to launch a nuclear war is missing in the calculation of the NATO/USA. 3. Putin will not resign easily like a PM in the Europe/President of USA.
2. It's not missing, otherwise, NATO would have already sent troops to fight the Russian, or at least imposed a no fly zone over Ukrainian airspace.
3. Correct. But in Europe/US, head of state come and go, but there's still continuity. The war in afghan/vietnam went on for decades after many US president come and go. If Putin dies, the war stops, because there's no real successor to Putin who will think like Putin. Russian don't even know that a war is going on.
Russia start offering citizenship to all Ukrainians is smart? I wouldn't call letting people whose families and home you killed and destroyed into your country smart. There's nothing smart about letting people who want you dead into your home lmao.
"I mean stay together with no energy and economy collapsing"
There are other oil producing states. Oil is just a commodity, it's just a matter of reorganising supply chains. US is also one of the biggest oil producing states, Norway also produces oil. Not unlike those high-tech parts that Russia needs to manufacture weapons which only western countries and its allies know how to make.
Nah, what's natural is Ukrainian defending themselves against the Russian invaders. No country will just stand idly while their houses and family gets destroyed and killed.
At the rate Russians are dying in Ukraine, they're gonna need to. Although, those Ukrainian will probably sabotage the Russian from the inside as revenge for the killings of their families.
"see how la................... fighting a no win war not very smart."
No win indeed. It's been 5 months, yet Russia is still no closer to Kyiv than at the start of the invasion. But now they have less troops, less tanks, less missiles, less generals even because a lot were killed. Russia should be smart and just withdraw from Ukraine, it has already failed.
And NATO is not encouraging Ukraine to fight. They're just helping Ukraine defend themselves against a big bully, just like how the US helped China defend itself against Japan in WW2. So the question you should ask is, why is Russia fighting with Ukraine in the first place, not why is Ukraine defending itself.
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Posted by speakup > 2022-07-15 07:44 | Report Abuse
IMO, the evil empire is now the US, not Russia.
the tables have turned