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Visa, Mastercard block Russian financial institutions after sanctions

reuters.com

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Re: Visa, Mastercard block Russian financial institutions after sanctions

#121

Post by chris123 »

EnOstac6 wrote: post #118

And I cannot send donations from Russia to Meduza.io - Lativan based Russian speaking media targeted at Russia mostly. And other Russian people connot do this too. Since Meduza was declared a "foreign agent" by Russian authorities (there's such a heavily burdening law here), they lost most advertisement and changed their model to donations. I'm afraid they wouldn't survive this. And government-owned media will contin…

This is what the Fiat system do: war, censorship, cancellation, did, education, more destruction and collateral damage. A great book on the topic is called The Fiat Standard, highly recommended.

Re: Visa, Mastercard block Russian financial institutions after sanctions

#122

Post by KineticLensman »

skissane wrote: post #89
lliamander wrote: post #37

Earlier quoted context omitted.

It looks stupid to me too. Which is precisely why I think there's information I'm missing. Like, I've seen arguments that the whole "Ukraine joining NATO" justification is just a pretext. But if that's just a pretext, what's the actual reason? I haven't seen a good answer yet. I honestly don't think we'll know the true story for decades.

> But if that's just a pretext, what's the actual reason? I haven't seen a good answer yet. Because in Putin's mind, "Soviet" and "Russian" are synonyms. In other words, the breakup of the Soviet Union in 1991 was to him the breakup of Russia , and as a Russian nationalist he sees that as a great tragedy. He blames it on the Communists for adopting a constitutional structure which contained within it the seeds of sep…

> Because in Putin's mind, "Soviet" and "Russian" are synonyms.

He's actually going further back than that, to the various Rus empires that predated the modern countries of Russia, Ukraine, etc.

Re: Visa, Mastercard block Russian financial institutions after sanctions

#123

Post by markvdb »

EnOstac6 wrote: post #118

And I cannot send donations from Russia to Meduza.io - Lativan based Russian speaking media targeted at Russia mostly. And other Russian people connot do this too. Since Meduza was declared a "foreign agent" by Russian authorities (there's such a heavily burdening law here), they lost most advertisement and changed their model to donations. I'm afraid they wouldn't survive this. And government-owned media will contin…

You bump into problems donating to Meduza.io from Russia. Same for others.

Is there any way I can help?

Re: Visa, Mastercard block Russian financial institutions after sanctions

#124

Post by nest0r »

chris123 wrote: post #121
EnOstac6 wrote: post #118

And I cannot send donations from Russia to Meduza.io - Lativan based Russian speaking media targeted at Russia mostly. And other Russian people connot do this too. Since Meduza was declared a "foreign agent" by Russian authorities (there's such a heavily burdening law here), they lost most advertisement and changed their model to donations. I'm afraid they wouldn't survive this. And government-owned media will contin…

This is what the Fiat system do: war, censorship, cancellation, did, education, more destruction and collateral damage. A great book on the topic is called The Fiat Standard, highly recommended.

No post body was provided.

Re: Visa, Mastercard block Russian financial institutions after sanctions

#125

Post by GekkePrutser »

sto_hristo wrote: post #34
donw wrote: post #5

sigh Fifty years ago, the dollar had value because America was the one-stop-shop for everything. Cars, electronics, appliances, all of it. Nowadays, that's China. China makes everything, or the parts to make everything, and increasingly to a higher standard than can be produced in the US. Go watch Project Farm and think on those results. The dollar has value now because it functions as a medium of exchange. That's it…

All i'm getting from China is cheap disposable garbage. The rest is made in the West and merely packaged in China, because robots have not been developed enough to put phone in box on their own, and nobody wants to do this job.

Yes a lot of cheap crap comes from China but lots of high quality manufacturing too. Not to mention all the components we use.

Those shiny MacBooks and iPhones were all designed in California but made in China.

Re: Visa, Mastercard block Russian financial institutions after sanctions

#126

Post by KptMarchewa »

mike_d wrote: post #57
lnxg33k1 wrote: post #31

Earlier quoted context omitted.

I agree with almost everything but Russia GDP is a trillion less than the italian one

Measuring Russia by GDP is like measuring a bank robber by their tax return. They have a shit ton of dark money that isn't calculated as part of GDP. Their economy is also in much better shape even with the smaller official calculations, having external debt equal to 38% of GDP compared to 102% for the US.

Who cares about external debt when they are not going to pay it off?

Re: Visa, Mastercard block Russian financial institutions after sanctions

#127

Post by refurb »

Hamuko wrote: post #78
Osiris wrote: post #47

Earlier quoted context omitted.

I just read an article that US intelligence is getting reports that Putin is having outbursts and not acting like his usual calculating self. Given his age, it's certainly within the realm of possibility that he is suffering from cognitive decline.

https://www.nbcnews.com/investigations/frustrated-putin-may-... > Western intelligence agencies have good visibility into Putin right now and are closely watching his moves for any significant behavioral changes, several current and former officials said. Four U.S. officials said there is no intelligence saying he is mentally unstable, but they said he has displayed a different pattern of behavior from in the past. >…

I assume this is about as reliable as “Iraqi soldiers pushed over incubators with Kuwaiti babies in them” (read: not accurate at all).

Re: Visa, Mastercard block Russian financial institutions after sanctions

#128

Post by jounker »

ajsnigrutin wrote: post #97
rosndo wrote: post #95

Earlier quoted context omitted.

Even if you disagree about that, could you really imagine NATO attacking Russia? E: Unfortunately can’t reply below because of HN throttling, but yes, a month ago I moved several of my employees out of Ukraine because of Russian troop buildup on the border. Wars don’t start overnight, everyone who hadn’t buried their head in sand knew this was a likely outcome.

Could you really imagine russia attacking ukraine a month ago?

He said that he had already pulled out his Ukrainian employees. Not only did he believe, he just said that he believed strongly enough that he took concrete steps affecting other peoples lives.

Re: Visa, Mastercard block Russian financial institutions after sanctions

#129

Post by EnOstac6 »

markvdb wrote: post #123
EnOstac6 wrote: post #118

And I cannot send donations from Russia to Meduza.io - Lativan based Russian speaking media targeted at Russia mostly. And other Russian people connot do this too. Since Meduza was declared a "foreign agent" by Russian authorities (there's such a heavily burdening law here), they lost most advertisement and changed their model to donations. I'm afraid they wouldn't survive this. And government-owned media will contin…

You bump into problems donating to Meduza.io from Russia. Same for others. Is there any way I can help?

I don't know. Really.

I just wanted to add another view on some sanctions effects from inside the country that attacked their neighbour (I still have a problem beleiving this).

Re: Visa, Mastercard block Russian financial institutions after sanctions

#130

Post by Ajef »

kirso wrote: post #72

Just talked about this today with a few of my Russian friends. This only prompts Putin ratings to grow. It frustrates the opposition (30% of Russians). But it also makes the supporters hate the west even more. So if all these sanctions are there to frustrate people to create a coup and a revolution - its currently working in the opposite direction. EDIT: I don't mean it as something that I wish, just stating an opini…

> So if all these sanctions are there to frustrate people to create a coup and a revolution - its currently working in the opposite direction.

I do not believe that is the purpose. I think the idea is to make it costly for Putin to go forward. Sadly this is at the cost of the well-being of the russian population.

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