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Russia threatening catastrophic economic repurcussions for USA over sanctions.....

21K views 113 replies 70 participants last post by  Trent Rock  
#1 ·
It sounds to me like the Russians are playing hard-ball here. I can't help but wonder if this wasn't part of the plan all along.
I'm very concerned that they're thinking along these lines. We already know that Russia has long been one of the loudest voices for ending the Dollar's reserve-currency status. I don't belive this is mere bluster, they know our economic vulnerabilities, (better than most Americans) and sound like they're willing and able to exploit them.
This is a serious shot over the bow, anyone want to guess who blinks first? :(

http://www.lewrockwell.com/2014/03/no_author/russia-responds-to-the-threats-of-us-sanctions/

“We would find a way not just to reduce our dependency on the United States to zero but to emerge from those sanctions with great benefits for ourselves,” Glazyev said, adding that Russia could stop using dollars for international transactions.

“An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system.”
 
#2 ·
It has crossed my mind, since this statement was made, that all the protests, the recorded phone by OUR Ms. Nuland, saying "F the EU"... and even Russia's power grab of Crimea...

are all intended to divert attention away from what are the "last days" of the international financial system. This way: everyone can point fingers at each other... without any real proof... and when the necessary restrictions, inflations, shortages, taxes and other draconian financial changes take place: it'll happen overnight, and the mea culpa will be: it was in the national security interest.

It costs a lot of money to throw land armies around; there is ALWAYS a financial benefit to be fought for, when they are. (and sometimes, hidden costs, too)
 
#5 ·
Not only can we not do anything to each other militarly without almost certainly going to full blown war, if Russia sinks our dollar, that would cause what to china's economy? If we impose sanctions on them, it hurts the EU.
The worlds economy's being so intertwined leave little options for anyone aside from saber rattling tough talk.
 
#7 ·
These are curious statements coming out of Russia.

Foreign Treasury holdings, by country:

http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

I'm wondering if a sale of $138 billion in Treasuries could crash the market. I would think the Fed would step in and and buy them resulting in a blip on the markets. This represents less than 1 percent of the Treasuries outstanding and is equal to less than 2 months' worth of QE.

Sanctions on Russia would probably hurt US business more than Russia. Ahh, good old globalism.
 
#44 ·
I'm wondering if a sale of $138 billion in Treasuries could crash the market.
Probably not, but if China saw it as an opportunity to rid themselves of some of their holdings, well, it could be interesting.

China holds almost 10 times what Russia does. I'm sure that would make a difference if they sold it.
 
#14 ·
Isn't it true that Russia has some significant oil pipe lines in and through the Ukraine ?
So they have a vested interest in something more than money,,,oil .
Russians have always treated the Ukraine people as lower class , I don't see this working out well.
So far as US involvement , our credibility is pretty weak ,with all the debt we owe them, it doesn't seem we have much authority to tell Russia any thing.
 
#19 ·
#21 ·
Lots of things on the world scene that I simply do not have the knowledge, education, or whatever to fully understand. But I have long thought that the only way the US gets by with constantly running a ridiculous budget deficit as well as keeping the money presses running hot all the time is that the dollar is the world's reserve currency and everybody wants them. So we get by with constantly de-valuing them by printing more and more because we "own" the dollar. But when the world is no longer willing to trade in dollars then nobody wants them. And there are several countries, Russia and China among them, who have been quite vocal in their desire to have the world go to another reserve currency. I'm just an old country boy from the hills, but even I can see that scenario will be quite devastating to our financial system. And I fear it may be closer than we realize.
 
#23 ·
DC's responses have been so off-base that I'm starting to think we're being set up for the Newer World Order. Maybe terrorism is running its course as rationale for being global police, massive military spending, bases across the world, etc.

I believe we're going to (a) have Hillary Clinton as president, (b) the new bogeyman will be Russia, and (c) the military industrial complex will be flush with cash again.

No matter that a portion of Ukraine is culturally Russian, Russian speaking, and other countries in that region (Yugoslavia, Czechoslovakia, etc.) FAILED and split apart. The reasoning is so simple that I'm convinced DC must be deliberately blind -- not accidentally. They can't be this stupid. Devious in a reptilian sense, sure. But not this stupid.

Some of these borders are late vestiges of former European empires (Austro-Hungarian, etc.) others are vestiges of hurried work after WWI - WWII. But the problem is obvious. If a country is 50% ethnicity A and 50% ethnicity B (juggle the numbers however you want), there is no single government that will be a clean fit to both sides. Especially if you have different histories, cultures, and languages represented. They really aren't mean to be flying the same flag. There's a reason a former empire died. I believe it sensible that part of the Ukraine should simply go to Russia, peaceably, and the problem is largely solved.

But as others pointed out, there's evidence (http://www.zerohedge.com/news/2014-...ehind-kiev-snipers-it-was-somebody-new-coaltion-stunning-new-leak-reveals-truth) that the US is instigating hanky-panky, our banksters are too happy to "lend" a helping hand (lending, in the literal sense -- controlling + subjugating), and I'm sure the m.i.c. is always looking for another drawn-out decades-long reason for existence.

It'll be the new bogeyman, and Hillary (probably CIA) will be leading the charge.

But I'd say this map speaks for itself:
http://en.wikipedia.org/wiki/File:SituaciĂłn_etnolinguĂ­stica_de_Ucrania.png
 
#33 ·
Oil and water...

I believe we're going to (a) have Hillary Clinton as president, (b) the new bogeyman will be Russia, and (c) the military industrial complex will be flush with cash again.
She might be the Pres in 2016. BUT. Demoncrats and the military expanding. NOT!

We're poking a stick in Putins eye and Obama want's to cut our military to pre WW2 levels? He wants to dump the A-10 Warthog too.


Sierra Dave
 
#32 ·
This is what happens when we have an America hating A-Hole in the White House, and he surrounds himself with idiots like Hillary and Kerry. They don't have enough brains between them to fill a coffee cup, and what's more they hate their country and just want to bleed it dry. Then you have Geo. Soreass and Blumeturd doing all they can to destroy us. With the ineptitude of the Republican (leadership ?), Boner, McCane, Gubber, we are in the ****.