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  #21  
Old 03-04-2014, 07:50 AM
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Samm Samm is offline
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Quote:
Originally Posted by Dondilion View Post
Samm, lets stick to the financial and monetary sanctions for the moment. One does not need to make a case about US involvement in Kiev.

What I am interesting in is the possible effect of Russia's retaliation in the
financial world. Is it substance or just puff? Can you answer that question?
Or can anybody on this board answer that question?
Of course it is a real threat and their BRICS partners are in agreement of their response to a threat of sanctions against Russia. If China dumps our debt our position of world reserve currency is over. That is what I have been saying since I got here but some would rather play childish games. I have to assume they have nothing to lose. I do.
http://thebricspost.com/ukraine-cris.../#.UxXZQLmYbIU
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  #22  
Old 03-04-2014, 07:53 AM
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finnbow finnbow is offline
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Quote:
Originally Posted by Samm View Post
Of course it is a real threat and their BRICS partners are in agreement of their response to a threat of sanctions against Russia. If China dumps our debt our position of world reserve currency is over. That is what I have been saying since I got here but some would rather play childish games. I have to assume they have nothing to lose. I do.
http://thebricspost.com/ukraine-cris.../#.UxXZQLmYbIU
China agrees with Russia with respect to an armed invasion of its neighbor. Imagine that.

Feckin' shill.
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  #23  
Old 03-04-2014, 07:54 AM
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Dondilion Dondilion is offline
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Originally Posted by finnbow View Post
From the POV of someone who wants to strengthen Russia's bargaining position over Ukraine, yes it makes sense. For those trying to resist Russia's aggression, no. It can easily be read as a lobbying effort to undermine the concerted effort by the West that Russia fears most, something that S(h)amm and her paymasters/mentors seem to support. What you see depends on where you stand.
In your opinion can it (effect of Russian financial retaliation) occur as stated by the Russian.
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  #24  
Old 03-04-2014, 08:02 AM
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finnbow finnbow is offline
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Quote:
Originally Posted by Dondilion View Post
In your opinion can it (effect of Russian financial retaliation) occur as stated by the Russian.
I'd say "as threatened by the Russians" (and passed along by willing accomplices like S(h)amm). I think any such effort by the Russians would have far greater negative impacts upon their economy than ours or the world's in general. Their economy and their currency are both basket cases. That's why they (and their shills) are making such threats. It's all they got.

It's often said that they're a Third World economy with a First World army.
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  #25  
Old 03-04-2014, 08:02 AM
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Samm Samm is offline
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With BRICS holding the majority of our debt the "leaders" of this country have easily put us in a position of economic collapse globally.
http://en.wikipedia.org/wiki/United_States_public_debt
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  #26  
Old 03-04-2014, 08:04 AM
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Dondilion Dondilion is offline
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Quote:
Originally Posted by Samm View Post
Of course it is a real threat and their BRICS partners are in agreement of their response to a threat of sanctions against Russia. If China dumps our debt our position of world reserve currency is over. That is what I have been saying since I got here but some would rather play childish games. I have to assume they have nothing to lose. I do.
http://thebricspost.com/ukraine-cris.../#.UxXZQLmYbIU
That is the kind of answer I am hoping to get from you.

However I do not think China is going to dump our debt for now.
China is too dependent on our market at this time.

Last edited by Dondilion; 03-04-2014 at 08:14 AM.
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  #27  
Old 03-04-2014, 08:09 AM
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BlueStreak BlueStreak is offline
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Quote:
Originally Posted by Dondilion View Post
That is the kind of answer I am hoping to get from you.

However I do not think China is not going to dump our debt for now.
China is too dependent on our market at this time.
Interdependency..........

Dave
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  #28  
Old 03-04-2014, 08:11 AM
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Samm Samm is offline
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Quote:
Originally Posted by Dondilion View Post
That is the kind of answer I am hoping to get from you.

However I do not think China is not going to dump our debt for now.
China is too dependent on our market at this time.
http://www.bloomberg.com/news/2013-1...-reserves.html
We are no longer the valuable consumer we once were. It has continued to go down steeply into 2014 but I don't have the updated chart on file.
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  #29  
Old 03-04-2014, 08:12 AM
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Dondilion Dondilion is offline
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Quote:
Originally Posted by finnbow View Post
I'd say "as threatened by the Russians" (and passed along by willing accomplices like S(h)amm). I think any such effort by the Russians would have far greater negative impacts upon their economy than ours or the world's in general. Their economy and their currency are both basket cases. That's why they (and their shills) are making such threats. It's all they got.

It's often said that they're a Third World economy with a First World army.
That means that if there is effective control and will they can easier sustain
assault on the economy.

Currency devaluation is disastrous if you are extremely import dependent.
Russia is huge. This is a chance for the Russians to develop internally.
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  #30  
Old 03-04-2014, 08:17 AM
4-2-7 4-2-7 is offline
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Quote:
Originally Posted by finnbow View Post
China agrees with Russia with respect to an armed invasion of its neighbor. Imagine that.

Feckin' shill.
By definition you fall to this category as well.

Shill
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