randahl ,
@randahl@mastodon.social avatar

The Moscow stock exchange can no longer trade in dollars and Euro, and the Russian stock market is declining fast, and Russian banks are preventing customers from logging in, after the US unleashed extensive new economic sanctions.

Have a great weekend Vladimir! 😘

https://www.bbc.com/news/articles/ckvv1wydkwqo.amp

Joe Biden Reaction GIF by The Democrats

Evewriter203 ,
@Evewriter203@mastodon.social avatar

@randahl
Members of G7 Summit Unleashed $50 billion for Ukraine in new financing by bringing forward the interest earned on immobilized Russian sovereign assets held in the European Union and other jurisdictions.

Vladimir is having a "Pleasant" weekend.

randahl OP ,
@randahl@mastodon.social avatar

@Evewriter203 that is certainly. an interesting development, Genevieve.

We saw what 61 billion from the US could do, so I cannot wait to see how 50 billion more will change the initiative on the battlefield.

Doreen32128 ,
@Doreen32128@universeodon.com avatar

@randahl This should hurt!

xs4me2 ,
@xs4me2@mastodon.social avatar

@randahl

And take some tea! 👍

RiaResists ,
@RiaResists@mastodon.social avatar

@randahl please let this action end this war.

drdpov ,

@randahl it seems you are overrating those sanctions."stock market declining fast" - if you actually check, the worst happened to a moex with only ~3%, while some even show growth. And btw banks allowing logging in just fine

Moreover, usd/rub rate also doesn't have huge growth (on p2p market it is currently ~93 for sell and 94 for buy)

All i want to say is that those sanctions are still useless and only create nice picture for american voters.

energisch_ ,
@energisch_@troet.cafe avatar

@randahl why only now? this should have been done right from the start, when Putin's thugs invaded Ukraine.

randahl OP ,
@randahl@mastodon.social avatar
BubblegumYeti ,
@BubblegumYeti@mastodon.social avatar

@randahl looks like the GOP will have to be happy with yuan then.

billjurgensen ,
@billjurgensen@universeodon.com avatar

@randahl I'm in favor of this action.

VulcanTourist ,
@VulcanTourist@mastodon.social avatar

@randahl

Those sanctions should have been in place two years ago. Why weren't they?

profdc9 ,
@profdc9@mastodon.social avatar

@randahl If Putin sends too many people to the front, there won't be enough to fire on protestors who can't afford bread. I think I've seen this movie before.

memphismary ,
@memphismary@mastodon.social avatar

@randahl YESSSSSSS!!!

maddad ,
@maddad@mastodon.world avatar

@randahl

Nice work Joe 👍 😎

cykonot ,
@cykonot@mas.to avatar

@randahl ruble firesale, renminbi expansion

Put all the capital in china to bust unions, then undo all the trilateral amoral politicking of the 20th century which was meant to prevent 1/6th of the world's land (russia) from coming together with 1/5th of its population (china). Already building out connecting infrastructure.

Feels like China is the big winner here, speaking realistically. If only the "adults in the room" hadn't put all the factories there.

https://www.bignewsnetwork.com/news/274407862/yuan-to-replace-dollar-as-russia-main-foreign-currency---central-bank

Blinxeto ,
@Blinxeto@mastodon.social avatar

@randahl

Where the sanctions don’t work Qrowd?

otownKim ,
@otownKim@toot.community avatar

@Blinxeto @randahl on truth social 😂😂

otownKim ,
@otownKim@toot.community avatar
megatronicthronbanks ,
@megatronicthronbanks@mastodon.social avatar

@randahl So, back to the 80s when the Ruble wasn't recognised currency?

forteller ,
@forteller@tutoteket.no avatar

@randahl Why are there any more sanctions to introduce now? Why didn't this happen earlier?

randahl OP ,
@randahl@mastodon.social avatar

@forteller mainly because introducing sanctions is a really complex task.

HistoPol ,
@HistoPol@mastodon.social avatar

@randahl

against (and others)

...but chiefly b/c if you implemented all sanctions at once, it would

a) severely disrupt (maybe even crash) your own or allied nations' economics and

b) as in any kind of warfare, you don't fire all Artillerie shells at once: you need further non-military means to escalate/retaliate.

That said, not banning oil and gas exports right away, including banning all Western ships from transporting it, impounding ships...

@forteller

LaNaehForaday ,
@LaNaehForaday@universeodon.com avatar

@randahl 😘

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