Look, our board ass clown puts his own countries finance minister to dust :1orglaugh
Sanctions don't work
Must be the notorious free education at Siberian Nose Picking Institute of technology.

Russia says inflation could reach 17% in 2015 - Business Insider

Apparently I've just hit you nerve, clown :)

...and have a nice weekend :winkwink:

http://cdn.ebaumsworld.com/mediaFile...0/81848261.jpg

Some eastern european shitstain typing this from his tiny grandmother's apartment hit my nerve? :1orglaugh Get real son. :1orglaugh

Oh and enjoy your traditional russian weekend activities

http://cdn.acidcow.com/pics/20101228...ussians_23.jpg

so maybe that "internal spending" you talk about would include saving Russian companies that were effected by sanctions? obviously that's not the case either, right?

lets not play guessing games... just tell us where almost $150B of reserves went to during the past year?

wow this thread went full denial already


Look at it this way.... The US started producing a bunch of oil, OPEC has dropped oil prices to fight it fucking Russia in the process. At $15bn a month Russia has under 2 years till bankruptcy at this rate

Once the US starts raising its interest rates the dollar will strengthen causing the oil price to drop further speeding up this too...

So yea, sanctions are no big deal, they may have caused some minor impact but compared to totally destruction of Russia's economy they have not done much

Why don't you click at wikipedia link I gave you above? The Rosneft fackup with TNK-BP has happened in 2013. What sanctions are you talking about? Now get a report on Daily data | Databases | Bank of Russia for previous years (say for 2013) What do you see there? Right, you see this:

I don't want to be a pain in the ass, but you know, there were no "sanctions" in 2013. How come?

Correct. But not just because of the States of course. OPEC and Russia are still raising their oil production, so the oil price is go down. It's like shooting in the foot.

what does data/events from 2013 have to do with anything? When real question is: what did your central bank do with the $150B that disappeared from their balance sheet in the past year? You are claiming it wasn't used to support the RUB and companies effected by sanctions, right? What do you think it was used for then?

The oil price in past year has dropped in 2x times. The same happened to ruble and CBR spent billions trying to stabilize it w/o any success (in fact it's impossible to stabilize ruble w/o stabilization of oil prices). What "sanctions" are you talking about?

Try to guess. It's getting more and more funny actually :)

I feel like an old teacher speaking to a kid. The oil price vs Russian ruble - google for it ;)

Hmm. I don't know should I smile or should I feel for you right now... Don't you read my posts at all, or my English is too bad for you?

you leader is psychopath who wants to fuck with world, what do you expect? :1orglaugh

Yes he is. But how does it relate to this topic? :upsidedow

you can spin it however you want, doesn't matter what the reason is, it could be oil, it could be sanctions, or both, it doesn't matter...

the fact remains that your central bank sold $150B of USD in the past year in order to stabilize RUB... to this day they are pissing away $15B/month trying to desperately keep Russian currency/economy from collapsing...

which you claim they didn't... which is obviously wrong...

there is no reason to believe things will improve any time soon either, so you are about 2 years (or less) from a complete meltdown...

It does, actually. As the thread title says. Look at this graph again:

http://static1.businessinsider.com/i...18.01%20am.png

I don't see any sanctions there. Do you? This is an answer for your "could be". The stats are objective and they are not based on subjective "maybe", "could be", "let's imagine" etc.

You know how Obama's "sanctions" fairytale works for Putin propaganda here in Russia? He is happy to use that speech of your stupid president about "torn to pieces" Russian economy as an excuse for his own illiterate internal policy. When people here ask "WTF is going on with ruble?" He says it's because of Obama sanctions - blame him for your troubles. Like it's not because Putin has destroyed Russian economy which now almost fully depends on oil prices only. To sum it up: your useless clown president does a good job for Putin and his brainwashing machine.

I don't like Putin, and as long as Obama gives him head, I don't like him too. Is that clear enough for you now?

I actually do see sanctions there, as I explained in another thread:
"in Feb sanctions started, and magically 10% gap between RUB and oil price appeared... in middle of June that gap is most clear... oil is up 5% while RUB is down 5%..."

so while the effect is not huge, it does add about 10% to RUB's decline...

You are missing the point of the sanctions. The sanctions are not meant to destroy the Russian economy or in general harm the average Russian. This is not their purpose but yes to some effect they will have impact on daily Russian life but not a lot.

The purpose of the sanctions is to harm Putin's inner circle and his brosef's. It's meant to make things hard on the Russian Oligarchs whom run and own your country. Ask them how they like the sanctions, I bet you they aren't very happy. This is why Putin has eased up on Ukraine, because yes, they are working for their intended purpose. :2 cents:

And it does add +20% to it's growth during last two months. Ok, I've got it :)

actually the sanctions are intended to stop the ruskie aggression on Ukraine.

thus my question asked and unanswered, i'll answer it here:

the sanctions are working because the ruskie aggressors are still at the negotiating table.

Yes they are meant to force Russia aggression to end, but not by intention of doing great harm to their economy or raising the price of milk. It's more about putting pressure on Putin himself by making the Oligarchs unhappy with his actions.

The Russian Oligarchs are not too interested in penis waving, or trying to rebuild the USSR. They are interested in making lots of money on the backs of their populace and anything that cuts their profits are not going to make them happy. They are business men whom want to make lots of money. making no money makes them grumpy and puts pressure on Putin's soviet era dreams..

Actually I knew that from the very beginning. The USA is not a major, second or even third trading partner for Russia (about 3-4% only which is nothing). You have no power to affect Russian economy somehow, and course your sanctions work against Putin-friendly oligarchs only. But why Obama has told that "the Russian economy is torn to pieces"? Now his speech works for Putin's propaganda here. Is he an idiot? Why don't you impeach that stupid chatterer already? He can't do a single thing w/o a public fackup. Even Bush Jr. was a way smarter than him.

right. i was just making sure OP understands that. it's not about russian people, it's not about ruskie oligarchs, it's about stopping putie and ruskie aggression on Ukraine.

he seems to completely not get that.

Brassmonkey is going to have some stiff competition for Troll of the year award. Russian assclown is really pushing it.

You're also a liar too then because you bash on America quite often here....

Hybrid SEO takes a dark path of Pooteen.