Business & Finance Economic Fallout: Pandemic, Brandon, Money Printer Go Brr, Ukraine.
- Thread starter Floridaman
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1st country that does it successfully wins the currency war.
No, that's why they aren't doing it with Rubles. They're using this special 'coin' to do it with.
Doesn't matter, now that a lot of places are banning Russian gold imports.
Russia will not be able to rely on it's mineral wealth to dodge sanctions, and more and more countries are cutting off all business with Russia.
Morphic Tide
Well-known member
The problem is that the ones who aren't comprise a very large amount of the rest of the world's mineral wealth, meaning that to "cascade" the sanctions per usual would mean gutting our own access to electronics. We can't actually get away with embargoing the entire continent of Africa, we need their stuff.
@Morphic Tide
What do they gather that we can't get elsewhere?
What do they gather that we can't get elsewhere?
Morphic Tide
Well-known member
Between Russia itself, China, and significant chunks of Africa, there's a variety of base materials, mostly rare earth metals, losing nearly or actually a majority of their supply if going all-in. The energy supply complications could well be compounded by Lithium stockpiles to store "renewables" output, even if we can source the materials to build and replace "green energy" without them.
In which case I'm OK with replacing Green Energy. It's a scam as of right now. So...this will potentially push us into more nuke and natural gas plants.
nuclear power is probally honestly the best solution we have.
PsihoKekec
Swashbuckling Accountant
There are going to be regular rolling blackouts before politicians even start thinking about it and well, that is not an infrastructure you can build overnight. Also the shortage of lithium and rare earths will hit the electronics industry hard, hopefully my computer and phone will last a long time.
Terthna
Professional Lurker
Honestly, I doubt they'd consider it even then. They're like compulsive gamblers; they'll keep doubling down long after they've already lost everything.
Simonbob
Well-known member
The Deep State isn't, mostly, the politicians. It's the mass of bureaucrats, and they're even more insulated from consequences.
So, yes, doubling down is very likely, I think.
Robovski
Well-known member
I also consider "doubling down" to be the hallmark of our current generation. People are less and less likely to offer a polite apology and seek understanding or redress but instead will double down and go harder than before and justify themselves with some reasoning (no matter how flawed of hypocritical) and/or dismissal (eg Fuck those guys, what a bunch of idiots...) because of tribalism or an inflated sense of self importance.
Not that I can say I am immune but at least I try to catch myself in the act at times. It is pervasive and corrosive to people just getting along in society and I expect this is by design so all us plebs are constantly making each other miserable and divided, but now we are getting into conspiracy land...
Simonbob
Well-known member
I've got to admit, I can be a bit like that.
I try for honesty in all ways, but I'm only human.
Just like we all here.Well,except kgb and deep state creatures which could lurk here.
Personally i doubt it,we are not important enough to send agents here.Those who support Moscov&deep state here must be only not very smart.
Arch Dornan
Oh, lovely. They've sent me a mo-ron.
Two New Countries Apply To Join BRICS. Details Here
Iran has submitted an application to become a member in the group of emerging economies known as the BRICS, an Iranian official said on Monday.
www.ndtv.com
The new club ladies and gentleman.
posh-goofiness
Well-known member
BRICS Summit Reaffirms That Russia Not As Isolated As NATO Suggests | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com