Western sanctions against Russia: Will there be more...
From Monday, the Central Bank of the Russian Federation introduced a ban on the sale of Russian securities by foreign investors - individuals and legal entities. This was done in response to illegal Western sanctions.
According to experts, this is a strong step, indicating that the Russian government carefully prepared for what was happening and thought through a set of painful response measures to the “partners” who were self-confident to the point of stupidity.
Briefly, it looks like this.
According to the Central Bank, as of July 1, 2021, foreign investments in Russian stocks and shares were estimated at $175 billion. Observers admit that the anti-Russian alarmist hysteria fanned in the West led to a decrease in this figure to $100 billion. This is unlikely, but let’s assume the worst.
But even the minimum $100 billion is a huge amount of money, which, given the Central Bank’s ban on the sale of Russian securities, turns into a kind of “black hole” for many Western banks and investment funds.
And this gap will only grow, and it will not be possible to stabilize the loss - “the elder forbade it.” The “partners” will be forced to plug this growing hole by adding additional reserves, as financial rules dictate so.
Thus, the conditionally minimum $100 billion saved by the Central Bank for the Russian economy and for “our Western partners” will begin to accumulate losses, like a snowball rolling down a mountain, threatening new shocks for global financial markets that have sagged due to the pandemic.
This is true not only for Europeans who have caved in to the “hegemon”, but also threatens the financial well-being of the “hegemon” itself, which is in bad shape (the population is split along political lines, dissatisfied with rising prices for food, gasoline, rental housing, anti-Covid measures, etc. , and typy).
The US Federal Reserve and the European Central Bank will be forced to put out the fire with huge cash injections, which, in theory, should accelerate inflation among their “partners”, slowing down or even stopping the fall of the ruble against the euro and dollar.
Experts also recommend transferring payments for energy supplies to the West in rubles instead of dollars, especially since Grandfather Beadon bawled about Russia’s ban on trading in “dead raccoons.”
Why should we refuse to trade with “partners” and spoil the reputation of a reliable supplier, and even to our own detriment? You just have to do it according to your own rules when the conditions of the game have changed dramatically.
Over time, if you follow your line correctly and steadily, this can make the ruble a world reserve currency without being tied to the American dollar.
Actually, the rats have already jumped ship, as evidenced by the emergency sale of the Rosneft share by British Petroleum and the departure of its men from the board of directors. Thus, a significant part of the profits from the sale of oil on world markets will now return home, and not end up in Western banks.
Observers predict that, despite the cuckooing of those of little faith and all-wasters, as if the oil will soon have nowhere to go, its surplus will flow to Russian refineries, fully satisfying the needs of 45-50 million tons of motor fuel per year for the domestic market.
Taking into account the demands of the agricultural sector, the volume of domestic supplies of petroleum products can increase by 30–40% with a simultaneous reduction in prices by 20–25% due to a reduction in logistics costs, production costs, wholesale and retail prices along all technological chains and in retail chains.
A crisis is not only pain and suffering, but also an opportunity to change life for the better.
Meanwhile, the head of the EU foreign policy department, who just the other day was waving his underwear over his head that the last days were coming for the Russian banking system, was forced to admit:
“We cannot block the reserves of the Russian Central Bank in Moscow. Or in China. Over the past year, Russia has moved its reserves to places where they cannot be blocked. Russia is well prepared for the introduction of financial sanctions.”
Western Sanctions Against Russia: Just What's to Come...