Russia is seizing hundreds of commercial jets owned by US and European leasing companies, a further sign of the challenges the country's airline industry faces due to sanctions following its invasion of Ukraine.
Putin was counting on Russia’s foreign currency reserves to bankroll the invasion. But surprise, the Canadian Deputy Minister of Finance had been waiting all her life to pull this trigger. Surprise, fuckers.
You realize Russia doesn’t rely on foreign currency reserves to fund anything right? Freeland pulled the trigger with the gun pointing at herself. The only fuckers who are surprised so far are western bankers who weren’t consulted about this idiocy and the western public whose basic necessities are becoming unaffordable.
The only reason you talk shit here is because you’re not personally affected yet, and you don’t understand what’s coming. We’ll see what tune you’re singing once the recession hits full force.
You apparently don’t realize that Putin admitted those funds were intended to bank roll the invasion through the sanctions. He was clearly surprised at the masterstroke the Canadian Deputy Minister of Finance has been waiting decades to unleash. “Oh no! We’re holding all this cash now! Whatever will we do!” Probably force Russia to use them as restitution in Ukraine, now.
You apparently don’t realize that Putin never said anything of the sort and that Russia’s been preparing their economy for this for years. So far, the “masterstroke” is driving western countries deeper into recession and getting China and India to accelerate dedollarization.
This is going to be the end of the western financial system running the global economy. The only time you can legally freeze assets of a central bank are when UN invokes article 7 or when there is a declaration of war. Neither of these things happened last I checked. Therefore, freezing Russia’s central bank is literal robbery in legal terms that completely delegitimizes western financial system. This is precisely why every western financial institution was categorically against this “masterstroke”. These financial experts actually understand the implications of what was done. Yet, they weren’t even consulted. Instead, they consulted Freeland who is an ideologue like you and completely out of her depth.
Meanwhile, west is still buying energy, commodities, food, and fertilizer from Russia to a tune of over 700 million a day. So, these idiots quickly realized that they can’t even meaningfully enforce the sanctions they themselves created.
I find that crying about the legality of freezing the central bank reserves is ironic given it’s hampering an illegal invasion. You want to go rogue? Enjoy living outside the community of nations. Meanwhile, the invasion is stalling out for lack of computer chips to resupply guided missiles. But I thought you said, Russia was self-sufficient? It’s pure delusion to believe that, in this day and age.
Nobody is crying about the legality of freezing the central bank reserves. What you’re being told is that western financial experts think this was a bad idea because they understand that doing so undermines western financial system.
Meanwhile, Russia has been producing its own chips for all its military equipment since 2014. Something you would know if you actually had a clue regarding the subject you keep yammering about.
Also, waiting to see actual evidence of the invasion stalling. Last I checked, all the Ukrainian forces are encircled in Donbass, and once they run out of food and fuel the Ukrainian army will collapse.
I guess being a westerner you can’t understand why Russia isn’t bombing the shit out of civilians as first order of business and levelling the cities in Ukraine the way NATO would’ve done.
I still don’t see why you feel the need to flaunt your ignorance so extensively here instead of waiting a few months to see what actually happens. Why are you so desperate to document in writing how much of an ignoramus you are?
I really can’t wait to see what you’ll have to say in a few months.
War is an economic activity and Russia’s war chest is frozen. You won’t have to wait that long.
Russia’s what is frozen?
Putin was counting on Russia’s foreign currency reserves to bankroll the invasion. But surprise, the Canadian Deputy Minister of Finance had been waiting all her life to pull this trigger. Surprise, fuckers.
You realize Russia doesn’t rely on foreign currency reserves to fund anything right? Freeland pulled the trigger with the gun pointing at herself. The only fuckers who are surprised so far are western bankers who weren’t consulted about this idiocy and the western public whose basic necessities are becoming unaffordable.
The only reason you talk shit here is because you’re not personally affected yet, and you don’t understand what’s coming. We’ll see what tune you’re singing once the recession hits full force.
You apparently don’t realize that Putin admitted those funds were intended to bank roll the invasion through the sanctions. He was clearly surprised at the masterstroke the Canadian Deputy Minister of Finance has been waiting decades to unleash. “Oh no! We’re holding all this cash now! Whatever will we do!” Probably force Russia to use them as restitution in Ukraine, now.
You apparently don’t realize that Putin never said anything of the sort and that Russia’s been preparing their economy for this for years. So far, the “masterstroke” is driving western countries deeper into recession and getting China and India to accelerate dedollarization.
This is going to be the end of the western financial system running the global economy. The only time you can legally freeze assets of a central bank are when UN invokes article 7 or when there is a declaration of war. Neither of these things happened last I checked. Therefore, freezing Russia’s central bank is literal robbery in legal terms that completely delegitimizes western financial system. This is precisely why every western financial institution was categorically against this “masterstroke”. These financial experts actually understand the implications of what was done. Yet, they weren’t even consulted. Instead, they consulted Freeland who is an ideologue like you and completely out of her depth.
Meanwhile, west is still buying energy, commodities, food, and fertilizer from Russia to a tune of over 700 million a day. So, these idiots quickly realized that they can’t even meaningfully enforce the sanctions they themselves created.
He’d spent years preparing for the lukewarm sanctions and half-hearted resistance of his first invasion. He clearly did a “uh oh”:
https://www.allsides.com/news/2022-03-18-0548/his-invasion-ukraine-bogs-down-putin-admits-western-sanctions-are-killing-his
I find that crying about the legality of freezing the central bank reserves is ironic given it’s hampering an illegal invasion. You want to go rogue? Enjoy living outside the community of nations. Meanwhile, the invasion is stalling out for lack of computer chips to resupply guided missiles. But I thought you said, Russia was self-sufficient? It’s pure delusion to believe that, in this day and age.
Nobody is crying about the legality of freezing the central bank reserves. What you’re being told is that western financial experts think this was a bad idea because they understand that doing so undermines western financial system.
Meanwhile, Russia has been producing its own chips for all its military equipment since 2014. Something you would know if you actually had a clue regarding the subject you keep yammering about.
Also, waiting to see actual evidence of the invasion stalling. Last I checked, all the Ukrainian forces are encircled in Donbass, and once they run out of food and fuel the Ukrainian army will collapse.
I guess being a westerner you can’t understand why Russia isn’t bombing the shit out of civilians as first order of business and levelling the cities in Ukraine the way NATO would’ve done.
I still don’t see why you feel the need to flaunt your ignorance so extensively here instead of waiting a few months to see what actually happens. Why are you so desperate to document in writing how much of an ignoramus you are?