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82
Russia shrugs off sanctions like water off a duck's back. Rubel almost completely back to pre-sanction value. Oh my god, that thing everyone said wouldn't work didn't work! God, I miss Trump. (archive.ph)
posted 4 years ago by GeneralBoobs 4 years ago by GeneralBoobs +82 / -0
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▲ 38 ▼
– Frux7 38 points 4 years ago +38 / -0

Turns out the Russians are sitting on a massive pile of natural resources, and natural resources are important for an economy. Who could have known?

I sworn that their economy would collapse because of the lack of 15 different social media sites where mentally ill men could flash the world their “feminine penis.”

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– TomSeeSaw 20 points 4 years ago +20 / -0

sitting on a massive pile of natural resources, and natural resources are important for an economy

Then you have Canada and the chode PM, who says inflation is a good thing, and we shouldn't use our resources because (1) Belongs to the govt. drugged up natives (2) saving the environment.

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– Gizortnik 6 points 4 years ago +6 / -0

Natural resources don't mean anything if your currency is worthless. Ask almost every poor country which is filled to the brim with exploitable natural resources, and contrast them with places like Japan.

The most important natural resource they have is the giant pile of gold bullion Russia has been collecting over the past decade.

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▲ 6 ▼
– mickmrly 6 points 4 years ago +6 / -0

In poor countries with lots of resources, there are a lot of riches. They are just shared among a very select group of people, with basically nothing for everyone else. Sort of like the west in a few decades really.

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– nikgtasa 1 point 4 years ago +1 / -0

Sort of like russia with all it's oligarchs exploiting the resources and leaving nothing for the populace?

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– mickmrly 1 point 4 years ago +1 / -0

Sort of like almost every country on earth, including Russia, where the rich and connected enrich themselves with taxpayer help for ever basically. I would've thought Chile was a more potent example then Russia to be honest.

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– deleted 3 points 4 years ago +3 / -0
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– Gizortnik 2 points 4 years ago +2 / -0

The most important natural resource they have is white people.

You were so... SO close to not being a retard.

Instead, you insisted on being silly enough to think that white people wouldn't not exploit their natural resources.

Had you not intentionally been an ideologically possessed, you would have recognized that places with extreme resource wealth, actually tend to fail. This is because the population simply extracts the natural resources that they have and sells them, rather than developing complicated industries or economies in order to profit off of trade. Instead, a lot of places that have few natural resources develop powerful civilizations because they are lacking in those natural resources and seek to build an economy that can flourish despite the lack of resources.

This is actually why Portugal, Belgium, England, Venice, Prussia, Japan, and Cambodia had flourishing empires when their size and lack of resources would indicate that they should be a political back-water.

And unfortunately for you, this also explains why jews, as a mercantile class, significantly benefited different kingdoms that adopted them.

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– deleted 1 point 4 years ago +1 / -0
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– DonuteaterReturns 5 points 4 years ago +5 / -0

It turns out having an economy that's physically there makes it very hard to sanction.

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▲ 4 ▼
– deleted 4 points 4 years ago +4 / -0
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– mikhalych 1 point 4 years ago +1 / -0

What, you mean if I give you 10 bucks, and you give me 10 bucks, it doesnt count as a $20 gdp!?

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– deleted 2 points 4 years ago +2 / -0
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– cartoonericroberts 15 points 4 years ago +15 / -0

“How far the Global American Empire has traveled,” proclaims Putin, “to rob us of our poverty!”

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▲ 1 ▼
– Streetshame 1 point 4 years ago +1 / -0

ah, gotta love the old fashioned spartans

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▲ 7 ▼
– RandomFurryDude 7 points 4 years ago +7 / -0

The Average American technically is in like 10 thousand dollars debt, they're hardly better.

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– rantanon9145 6 points 4 years ago +6 / -0

Americans on the other hand are drowning in debt. Their "first world" living-style is bought with borrowed money and time. But the same can be said with many other western nations.

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▲ 2 ▼
– Bahariye 2 points 4 years ago +2 / -0

Debt spending to import foreigners and foreign shit products and gut our domestic economy.

I prefer the future of a Russian child than that of one of the dwindling white Americans. Our kids get robbed and sucker punched, dicks cut off, and excluded from society cause of racism

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▲ 31 ▼
– acp_k2win 31 points 4 years ago +31 / -0

Good, anything that weakens the GAE helps its dissidents

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▲ 24 ▼
– Kaarous 24 points 4 years ago +24 / -0

Putin started building a fortress economy more than a decade ago. When Obummer was elected, in fact.

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▲ 23 ▼
– Adamrises 23 points 4 years ago +23 / -0

Almost like Putin isn't a retarded evil monkey tantrumming, and in fact did have a plan and expected the obvious would obviously happen.

People assume because our leaders are that stupid it means all of them must be.

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– nikgtasa 1 point 4 years ago +1 / -0

Where was his brilliance when his army couldn't capture villages in ukraine?

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– Adamrises 1 point 4 years ago +1 / -0

I'm glad you live in a world where there are only two states, brilliant and stupid/retarded. It means I can categorize you pretty easy.

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– GimmeFuelGimmeFire 12 points 4 years ago +12 / -0

Fortuitous timing given Obama basically fomented the Maidan coup in Ukraine.

"Russian reset" my ass

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– rantanon9145 7 points 4 years ago +7 / -0

This. Putin is corrupt, not stupid. Biden on the other hand is both, and then some.

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– nikgtasa 1 point 4 years ago +1 / -0

Fortress economy with inflation 20% a year and sanctions every 8 years.

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– JustHereForTheSalmon 22 points 4 years ago +22 / -0

It's almost like you don't make moves like invading a country without stacks of contingencies.

Just like how Democrats believe if they raise taxes, rich people would just pay them instead of raising prices or figuring out how to hide it elsewhere.

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– deleted 3 points 4 years ago +3 / -0
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– Baron_Bubbles 19 points 4 years ago +19 / -0

Russia’s sale of oil and gas has also continued to dampen the impact of sanctions, which has prompted calls from Ukraine and its supporters to fully embargo Russian energy exports.

What a twist!

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▲ 6 ▼
– Gizortnik 6 points 4 years ago +6 / -0

Now you understand why Russia has one of the world's largest reserves of gold bullion, surpassing 2,000 tons.

Yes, actually gold is a hedge against inflation.

Now here's the bad part. What's happening to us isn't from stupidity. It's from maliciousness. The sanctions help to rationalize the supply-shortages, scarcity, and price hikes caused by inflation (the printing of money). Those are being done in order to introduce a Digital Currency as part of the great reset.

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▲ 3 ▼
– realerfunction 3 points 4 years ago +3 / -0

but we still have to suffer for the holy ukraine

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– deleted 2 points 4 years ago +2 / -0
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– lolfail9001 2 points 4 years ago +2 / -0

Back to pre-sanction value

Pretty easy to do when you deliberately prevent anyone from actually exchanging rubles for dollars. Last I checked black market exchange rate was at least 15% higher.

That said, you are right, this thing does not really work in any term. Though prevention of manufacturing equipment imports does hit pretty hard, I already felt obvious after shocks.

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▲ 1 ▼
– nikgtasa 1 point 4 years ago +1 / -0

Prices at least 30% up, ruble is at least 10% down in banks if you try to buy other currency, countless laid off and massive banking sanctions prevent honest people from working. Fuck off with that propaganda.

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▲ 2 ▼
– GeneralBoobs [S] 2 points 4 years ago +2 / -0

Considering that Russia's economy is based almost entirely off oil and gases, there economy was always a hair pin away from popping, and western companies are fucking everyone over, not just the Russians, Russia's doing pretty fucking well. In fact, if they start to localize their economy, they'll do better than most of the rest of the world. This is the chance to end the globohomo bullshit and start manufacturing in each of the large countries again. Trade is essential, but you have to have something to trade.

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▲ 25 ▼
– deleted 25 points 4 years ago +25 / -0
▲ 22 ▼
– Xzal 22 points 4 years ago +22 / -0

No no, it IS a real currency. It's backed by something (gas, oil, resource).

It's that the dollar and petrodollar as a global currency isn't any more.

They've separated the dollar away from gold and silver and they've shot themselves repeatedly over oil pipelines to justify going to war.

The UK fucked up their economy back in the 70s shutting down most industrial plants for service based industry and London centrism.

Germany and the EU did the same, switching to service based distribution.

Service based currencies like the euro and pound are held up by sheer fucking will of those who use the currency and laws that make it illegal to NOT use the currency.

For example in the UK trading labor, for food, counts as a taxable income, even if money isn't involved.

Russia is sensible in that they kept it based on a tangible resource and allow the citizenry a little leeway. By not forcing the citizenry to use the ruble for EVERYTHING they don't have to control it's inflation etc so tightly.

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▲ 34 ▼
– cartoonericroberts 34 points 4 years ago +34 / -0

service based industry

I've never understood how the west thinks it can have a society of people serving each other coffee.

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– DefinitelyNotIGN 13 points 4 years ago +13 / -0

The western economy is a lot like a large group of people in a circle, all sitting on each-others' laps. So long as everyone is sitting, the whole structure is stable, despite not a single one of them actually sitting on anything independently supported. But if a single person stands up, the entire circle collapses.

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▲ 4 ▼
– ParadigmShift2070 4 points 4 years ago +4 / -0

the fake and gay economy

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▲ 8 ▼
– Auntie_Mildred 8 points 4 years ago +8 / -0

I believe it is mostly propped up by a "trade" based economy. Our economy only works as long as our bankers class is the middlemen in the world's business. As soon as the "trade" sector gets cut out, the service sector will collapse instantly

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▲ 5 ▼
– TomSeeSaw 5 points 4 years ago +5 / -0

Western society doesn't serve coffee. They get immigrants to do that.

Much rather spend their time spending mom n pops money on their sister's OnlyFans, and the last boy tampons.

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▲ 5 ▼
– Gizortnik 5 points 4 years ago +5 / -0

Because they are told to. Imagine having the world's largest economy and being told that the economy is now a "service sector economy" to explain why all the manufacturing jobs in the world's largest economy are gone.

The people in charge know it's bullshit. That's not the point.

The American economy isn't being reorganized for people to serve each other coffee. It's being reorganized so you serve the elite coffee.

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– TheModernDaVinci 1 point 4 years ago +1 / -0

At the same time, I think there is something to be said that the elite continue to make the same mistake they always have on almost every topic: They assume they are the only one who gets to make a move.

Because at the same time that they have been locking everything down and being despotic to try and force their own agenda, the US is actually undergoing pretty significant reshoring and reindustrialization. Mostly because while the ultra-massive multinationals (think Walmart, Apple, etc) try to stay in China, most of the smaller multinationals are coming back because they are fed up with shipping cost, and new industries area also starting up. A lot of it stuff that is actually important to modern society (rare-earth metals, semiconductors, etc).

And this is beyond anything with the Feds or the Elite. Its being done by local governments and other businessmen. Texas is poaching industry from other US states (especially California), Arizona is using its wide open spaces for drawing in factories that must be large scale by their nature, Alabama is building a shipyard in Mobile to compete with Newport News, and S. Carolina has actually been bringing in a ton of foreign investment for factories. And so far, all of these states have been more than willing to tell the Feds to get fucked if they complain.

So unless the Elite have a better plan, the US just might resist their attempts to kill it, yet again.

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▲ 4 ▼
– the_nybbler 4 points 4 years ago +4 / -0

That wouldn't work, but in fact some people get coffee and others get blowjobs.

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▲ 12 ▼
– Hardcore_Facestab 12 points 4 years ago +12 / -0

Here in Denmark, there was a case that a carpenter or another skilled tradesman decided to build something on his house. Like any other tradesman he would do it himself, because why the fuck not?

Well, someone somehow complained about it, courts got involved too, then the tax men came creeping out of the woodwork saying that because he was "trained" in it. it was under the table work and needed to be paid income tax on it... For working on his own damn house...

Using your own labor for your own good is not allowed, the tax leeches wants their blood.

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– deleted 11 points 4 years ago +11 / -0
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– TakenusernameA 6 points 4 years ago +6 / -0

Its a real currency, but its not a real global currency, that is it isnt tied to the globalhomo financial system.

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– deleted 1 point 4 years ago +1 / -0
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– SuspendBeforeYouBan 8 points 4 years ago +8 / -0

Russia had the whole USSR thing. When Putin got in he increased the economy almost by 100% then the global financial crash happened and Russia has been stagnant since. This is mostly because of the sharp oil crash that happened a few years late and then sanctions placed on Russia over Crimea. I think Russia has done alright with all things considered. There's certainly corruption and mismanagement in Russia for sure but they weren't exactly starting in a good spot. The USSR was hardly what I was call Russian either. It was more like foreign influences taking control of the country. The real Russians died by the tens of millions because of the USSR.

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– GimmeFuelGimmeFire 6 points 4 years ago +6 / -0

Foreign from where? Frankfurt Germany?

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– enevold 6 points 4 years ago +6 / -0

oh vey!

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– SuspendBeforeYouBan 4 points 4 years ago +4 / -0

Russian President Vladimir Putin said that at least 80 percent of the members of the first Soviet government were Jewish. “I thought about something just now: The decision to nationalize this library was made by the first Soviet government, whose composition was 80-85 percent Jewish,” Putin said June 13 during a visit to Moscow’s Jewish Museum and Tolerance Center.

https://www.timesofisrael.com/putin-first-soviet-government-was-mostly-jewish/

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– DonuteaterReturns 4 points 4 years ago +4 / -0

Now that you mention it, Russia's stability has a lot to do with the USSR. The Soviet economy, flawed as it was, was always focused internally. Soviet materials made Soviet goods for Soviet people. This means the modern Russian economy is less dependent on foreign trade, since there's usually a Russian made option.

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– deleted 4 points 4 years ago +4 / -0

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