Everyone can see that the main victims of this pervasive American sanctions are Russia and Russian citizens. Ukraine does not matter at all, they asked for it. The innocent Russian people would have to suffer by this indiscriminate sanction just like the people of North Korea, Iran, Cuba, Venezuela, Myanmar and many others that the Americans called enemies.
It is also apparent that the beneficiaries at the top would be the USA. Superficially they, including the daft allies and lackeys, seemed to be having a whale of a time confiscating Russian assets and funds held in the respective countries, and also seizing private properties from innocent private Russians. How to call this kind of lawless acts? Daylight robbery? Gangsterism, banditry, mafiadom? The thing is that such acts of unrestrained looting are short lived. The Russians would hit back and demand their return plus compensation. For the American Empire, it would be a big tussle of power. For the smaller allies and lackeys, when the Russians throw their punches, they would only get blue blacks and bruises all over their bodies and faces. These silly little countries would be easy meat to be bashed when the time comes. There is no where to run or to hide.
For the moment the Russians would just confiscate everything these allies and lackeys have invested in Russia to offset their losses, including those of American companies. There are more than 300 American and European companies that have been coerced by this American sanction to pull out from Russia, leaving behind practically everything to the Russians. In addition they would be facing lawsuits for breach of contracts. Many of these private companies would suffer big losses and would not be able to enter the Russian market for a long time to come. They are the real losers. And so were the companies of American lackeys and allies, private enterprises and govt investment companies.
Both Russia and those on the American sides would be the losers for sure. And this would drag on for years till the time comes for settling of scores. The aim of the Americans is to destroy the Russian economy and impoverish the Russian people. Not so easy. Russia is not a small little country to be bullied and isolated. Russia in many ways is self sufficient and has many friends, big and small, and would survive and life will go on. The friends of Russia are the rest of the world less the American and European countries and a few lackeys.
Who would suffer most when the dust settled is yet to be confirmed. For sure, the private American and European companies would suffer the most for lost of assets and opportunities to do business in Russia. Now we will see who is able to withstand this economic war called sanction, who will wither and die, and who would recover and be stronger at the end of the day. Definitely it is a two way traffic. The pathetic part would be the allies and lackeys that were dragged through the mud and end up the real losers for being friends of the American devils. One prominent American once said, it is bad to be America's enemy, but it is fatal to be friends of America.
Wait for the Americans to find a silly reason to sanction China. Then they would exclude themselves from 3 of the biggest market in the world. All American and European countries and their lackeys would have to pull out from China and trade with the Americans and Europeans. The 3 big economies of Russia, India and China would continue to trade with the rest of the world and be very happy with that.
Just hope the Americans would not shut their doors to the Europeans and their lackeys. Then they would look so silly to the whole world, cannot trade with Russia, China and India and also got locked out of the American market.
12 comments:
Confiscation and forfeiture are like Barter Trade. Not a big issue.
However,
it is vital to win any war and take-over everything from the Enemy.
Above comment to have neutured corrects to neutered and
beligerent to belligerent.
Pardon me for my mistake.
Still no news from A non yes mouse.
Hope he is well.
Big deal. Russia doesn't have much financial assets. Most of its wealth is in the ground. Those properties, private jets, mega yachts, gold etc are actually not much. Even the $680B of reserves is actually tiny for a large country. Singapore already has about $2 TRILLION in reserves.
And only 2/3 of Russia's reserves is frozen --- it's not even confiscated, yet.
Who dares to confiscate Russia assets? Singapore?
Russia has seen countries and themselves having assets frozen way before this, eg after Crimea and Venezuela, and they are not sitting idly by waiting for the USA to do it further to them. So, it is true that Russians now officially have not much assets overseas for the USA to freeze, save for the Oligarchs. Perhaps the USA can freeze their oil and gas in the ground, or freeze more of the Artic Ice to close up the navigation channels in the Artic.
China still has more than a US$ trillion in USA treasuries, which the USA had been eyeing for a long time. Is China not looking worried I wonder? How much are USA assets in China I also wonder? China has been spending all the US$ collected by them over trade surpluses on infrastructures all around the world. Those US$ converted to assets in other people's name does not worry China even if the USA put it's dirty paws on them.
As we all know, no one did anything about the US$ Hegemony does not mean no one will do something about it forever. And no one can do anything about it before does not means no one will be able to do anything about it going forward. Dynasties and Empires, however untouchable at one time, like the British, still fall eventually. Humans have failings and perfection all round is just a mirage.
Sanctions hurt the "little people" more than they do the politically connected, banksters and high net worth individuals. i.e. the fewer assets you own, the more sanctions will impact you.
Those companies which were sanctioned will fire their labour force...poor buggers all out of job. But the companies will protect their balance sheets and manage their liabilities. If they are "important enough", they will get help from the govt.
But I can guarantee you, the CEO and all his kaki-nangs will get bonuses.⾦ 🥂 The workers will get a "thank you for your service, best of luck in your future endeavors", i.e. the usual meaningless dribble, and maybe a hongbao 🧧(severance/ termination pay). 🖕
The savvy people always find ways around sanctions. Every time an oligarch superyacht gets "confiscated", th media makes a BIG DEAL out of it, and the "unwashed masses" get temporary delight from the event, because the majority are JEALOUS of wealthy people, especially wealthy people who are good at GUANXI with the ruling classes.
Little do they realise that people with those connections, networks, and immense resources have planned for such events because when you are that wealthy, sooner or later SOMEONE is going to come for your "stuff"---govts, lawsuits, blackmailers, divorce lawyers, loser relatives and disgruntled offspring, ex-business partners, scammers, gold-diggers...the list is vast. The mere smell of money 💰incentivises opportunistic people to get creative. 🤣
Yah sure, they will lose some assets, but not all.
The superyacht Equanimity used to belong to Jho Low, champion scammer of 1MDB. He is scott free with the rest of the money, Najib Razak kena terok.
Fun Fact: I just heard that Najib Razak is making a "come back". Just like Trump! 🤡
De-Dollarisation Process in Full Steam, Long-Standing Anti-Colonial Grievances Reemerging
News that Saudi Arabia is considering accepting yuan for Chinese oil sales prompted another round of bellyaching from Western politicians who've seemingly come to realise sanctions on Russians are only pushing the many nations towards Russia and China.
In a segment on Fox News Sunday, Senator Ben Sasse claimed "the Saudis pricing some of their [oil] commodity in Chinese currency, or signalling that that's where they're headed…is a big, bad thing".
Much of the world is looking to bolster oil reserves amid what the International Energy Agency warned on Wednesday could be "the biggest supply crisis in decades", as evidence mounts that US and EU efforts to keep Russian gas out of Western vehicles and residences may ultimately backfire.
Sasse, who demanded on Fox that the US "rearm" the Ukrainian regime "constantly", and insisted that "defeating Vladimir Putin" is the only way to stop China from being able to "displace the dollar", is just one high-ranking American politician expressing alarm over the continuing de-dollarisation process encouraged by the wide-ranging sanctions on Russia.
But outside the confines of Europe and the US, calls for global financial and oil distribution systems to move beyond the US dollar have grown louder since Washington effectively banned Iranians and Venezuelans from international trade over the last 4 years.
The US dollar has served as the global benchmark for international oil sales since the 1970s, when the United States struck a deal with Saudi Arabia to standardise oil prices in dollar terms, an arrangement which led to the creation of the so-called "petrodollar". Per Quartz, 80% of global oil transactions are currently denominated in US dollars.
Now, it seems the American push to eliminate Russian supplies from global oil markets may have finally been a bridge too far for a number of influential nations in the Middle East, Asia, Africa, and Latin America.
Regional powerhouses like India, South Africa, and Mexico have all issued public statements declining to take the West's side regarding Moscow' special military operation in Ukraine, indicating a growing willingness among rising Global South nations to finally take the plunge and look past the US monopoly on global trade relations.
On Thursday, South African President Cryil Ramaphosa openly declared his support for the Russian Federation's denazification and demilitarisation efforts, noting that the current situation "could have been avoided if NATO had heeded the warnings from amongst its own leaders and officials over the years that its eastward expansion would lead to greater, not less, instability in the region". But that could just be the tip of the iceberg.
Arguably more distressing for Western governments are the potential economic ramifications of pushing traditional non-NATO allies away. Russian oil exports to India have quadrupled this month.
The fact that the world's third-greatest oil producer and third-greatest oil consumer are pursuing their own trade relations, outside of the realm of potential Western interference, is "a sign of the vast reshaping of global energy flows" they say has taken place since the beginning of the Russian special operation in Ukraine.
And it's now looking increasingly likely that Russia and India will go beyond a mere expansion in volume of oil sales, and move towards dropping the dollar together.
For much of the so-called "Third World", official statements indicate the value of pursuing their own strategic interests now outweighs the risks of potentially jeopardising relations with the West. In such countries, where the ongoing de-dollarisation process inspires more relief than hysteria, long-standing anti-colonial grievances are reemerging.
India in QUAD was never a good idea to me. Beside buying arms from Russia, India now is going to buy oil as well. What does that tell us? If India, like Japan and Australia, are colonies of USA, joining QUAD to confront China is sensible enough. Japan will not and can not get over the WW2 baggage of atrocities committed against China, and which is still weighing on the Japanese mentality and being exploited and capitalised to no end by the USA.
Why would any country want to pay exorbitant high prices for oil when Russia and others are willing to sell them at a good discount? Many countries cannot afford the high prices as they could not print money out of no where and get away with it.
Simple economics demand that they pay as low a price they could get for oil. And the Americans, the only oil producer and exporter, would not be selling them cheap.
There is no way out for poorer countries to go but to buy Russia, Iranian or Venezuelan oil.
The simple minded daft Americans were so desperate to sanction Russia that they forgot to use their little brains to take into account the impact on the rest of the world.
Serve them right as sanctioning Russia is just too much for the rest of the world to take.
Tell that to Vivian . .
USA's deep states are the cunning Foxes. USA is the mastermind of the Ukraine war with Russia. USA wanted to force resources: moneys, talented peoples, businesses from Europe. The war can only stop when USA have enough of the resources. The obstacles is Russia and her friends. The puppets zelensky was the super salesperson of USA Arm industry. He was elevated to God status by USA to make his sale jobs unresistable by naive peoples . USA are the one to start the fire and expect others to stop the fire. Very smart.
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