What does the West lose from sanctions against Russia? Details
The financial and economic war unleashed by the West against Russia is beginning to cause significant damage to the West itself, which has decided to throw stones in the glass building of the global economy.
Only the lazy did not talk about the fact that spot gas prices in Europe went through the roof at $2000/thousand cubic meters. The EU is already reaping problems for its servility towards the overseas overlord, to its own loss.
However, the economies of the US and Europe are communicating vessels, and the “hegemon” will not be able to sit out the economic war it provoked on the other side of the Atlantic Ocean.
In America, prices for gasoline and diesel fuel began to rise, despite the fact that local oil traders purchase only 10% of Russian oil from the total volume.
There are reports of a US promise to resume the nuclear deal with Iran if the government of the Islamic Republic does not close the Strait of Hormuz, through which huge maritime supplies of Middle Eastern oil flow to the United States.
It is noticeable that Washington, which has made enemies all over the world, is now desperately afraid of the arrival of a retaliatory forged boot in the form of coordinated actions by Russia, Iran and Venezuela in the form of an embargo on oil supplies to the American market.
This means that America faces a crisis in road, rail, and even maritime transport, which require huge volumes of diesel fuel and fuel oil amid an ongoing pandemic and a critical dependence on their imports.
The real kicker is that the Biden administration, having refused to impose sanctions on the Russian energy sector, is demanding that the Europeans impose them. This raises the obvious question: how long will they be patient enough to expose themselves and suffer losses while witnessing the hypocritical stance of the "Washington Regional Committee"?
Meanwhile, walkers from among American nuclear workers often came to grandfather Biden’s office with requests to lift anti-Russian sanctions, because Moscow’s response would cause a crisis with electricity tariffs for domestic consumers.
The fact is that American nuclear scientists buy reactor uranium and specially depleted weapons-grade plutonium suitable for use in nuclear energy from Russia at a very favorable price, thanks to which the United States maintains low electricity prices.
At the same time, America, a nuclear power that ushered in the atomic age in 1942, is lagging behind the Russians and Europeans in the field of peaceful technologies and cannot even “creatively borrow” them.
Apparently, Rosatom intends to withdraw from all joint projects with the United States that are toxic under the current circumstances.
For the United States, this will literally mean the following : somewhere in the "hegemon's" warehouses, a mountain of tens or even hundreds of tons of weapons-grade plutonium, produced in breeder reactors during the Cold War, will remain a useless and dangerous waste, decaying. American nuclear scientists are unable to convert it into nuclear fuel without Russia's help . Furthermore, Rosatom will stop enriching natural uranium from Canada and Australia for American nuclear power plants.
No, the Americans haven't yet forgotten how to enrich uranium to reactor or weapons grade, but their outdated methods produce a product that costs significantly more than what their Russian colleagues offer.
Rising energy prices will impact not only the well-being of the average American consumer, but also the competitiveness of US industrial production , especially in the face of Asian economic expansion into the most attractive market in the world.
Returning to the despicable, but so irreplaceable, money.
According to the research department of the famous Swiss bank Credit Suisse, Russia has safely hidden at least $300 billion in offshore swaps protected from confiscation.
Moreover, financial observers in Europe and the US are gradually coming to the conclusion that Russia is leading the war of financial blockades by a large margin.
And if the funds of Russian banks seized in foreign accounts are estimated at tens or two billion “evergreens,” then almost half a trillion of the same “evergreens” belonging to Western companies and investors are blocked in Russia.
Thus, not only the gold and foreign exchange reserves accumulated over the past 8 years, as well as government funds safely hidden in offshore companies, but also the money remaining in Russia of all those who introduced or supported the most vicious sanctions against us will now support the ruble and our economy for floating. Because it doesn't matter.
Sources in the Russian government also report that our country will soon begin ramping up gold mining , and citizens concerned about their savings are encouraged to invest in bank gold, which has been waived by eliminating VAT on its purchase. This is far more profitable than investing in foreign currency, whose performance is uncertain. Gold is much more reliable, and its value will only increase.
The South Korean authorities clarify that they do not intend to close the export of industrial electronics to Russia, since they are not military or dual-use products.
Official Seoul also refused to stop factories opened in Russia, not only automobile factories, but also industrial electronics factories.
Against the backdrop of European and American automakers refusing to assemble cars and supply parts to Russia, this will bring huge profits to Korean businesses in the field helpfully cleared by other evil fools.
Unlike the smart Koreans, the evil Tokyo revanchists fully supported anti-Russian sanctions and even exacerbated territorial claims, as mentioned earlier.
Given the intense competition for Russian energy resources in East Asian markets, Japan could be left behind for a long time, receiving handouts of liquefied natural gas from its Washington master.
In addition, sanctions will force Japanese business to withdraw from many interesting and potentially profitable projects for developing the economy of the Russian Far East, despite the fact that no one will return the investments, equipment and know-how.
Speaking of know-how and other intellectual property, Western IT giants have announced they are ending cooperation with Russia and even threatened to remove the Cyrillic alphabet from Windows and other popular software products.
In fact, this is a double-edged sword, and the United States is very afraid if Russia responds by starting a war in the field of intellectual property. The retaliatory measures will hit Western rights holders the hardest.
Even setting aside the thorny issue of legalizing piracy, let's ask ourselves: who in Russia would want an iPhone that doesn't support Cyrillic, or smartphones, tablets, and other gadgets from brands that have joined the sanctions?
This is far from an idle question, as Russia is among the eight most attractive markets for smartphones and other gadgets . Samsung, Huawei, and other Asian device manufacturers will be happy to take over the vacated space.
And it looks like this list of Western self-inflicted economic self-mutilation will continue.
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