Moscow retaliates against Western sanctions with export bans • Hacker News Board

Re: Moscow retaliates against Western sanctions with export bans

#71

Post by sandworm101 » Thu, Mar 10, 2022, 5:40 PM UTC

jquery wrote: post #47

sandworm101 wrote: post #30

The Iron Curtain cut through the heart of Europe, dividing east from west. Curtain 2.0 looks to be forming only around Russia, walling it off from all of Europe. Things will be so much worse for people on the inside this time. It will be like Soviet Russia without the Warsaw Pact to support it. It is one thing to be without Twitter and Hollywood movies, but can Russia feed itself? Can any country? Modern industrial a…

All of this stops the day Russia stops attacking Ukraine, it’s not like Russia is a helpless victim here. Edit: I agree there will be reverberating consequences. Criminals have to pay their debt to society. Russia is already deep in a hole. Even if this war stops today, their economy is set back many years. The economic might of the peaceful world is being used to make an example of a warmongering nation. But Russia…

I'm not sure about that. Even if every Russian tank turned around and went home, the sanctions will still be there for a while. There is already a call for seized Russian assets to be used for rebuilding efforts. Russia's credit rating will not bounce back quickly. And countries from Canada to Germany are looking to ween themselves off of Russian energy products. Damage has been done.

Re: Moscow retaliates against Western sanctions with export bans

#72

Post by hdjjhhvvhga » Thu, Mar 10, 2022, 5:40 PM UTC

vlovich123 wrote: post #62

dsr_ wrote: post #48

Earlier quoted context omitted.

More to the point, as soon as that aircraft lands at an airport outside Russia (or, perhaps, China), a nice young person with a briefcase will be explaining to the FBO that the aircraft is the property of Foobar Leasing, and should not be refueled while the repossession process is under way.

They're not flying outside Russia or China. Problem solved.

They will start falling apart sooner or later anyway.

Re: Moscow retaliates against Western sanctions with export bans

#73

Post by everyone » Thu, Mar 10, 2022, 5:41 PM UTC

" a government commission on Wednesday approved the first step towards nationalising assets of foreign firms that leave the country."

I guess smash everything before u leave?

Re: Moscow retaliates against Western sanctions with export bans

#74

Post by codezero » Thu, Mar 10, 2022, 5:41 PM UTC

Demiurge wrote: post #42

mulmen wrote: post #12

Earlier quoted context omitted.

Russia was always in control of when this ends. They can simply leave Ukraine.

So, if Russia leaves Ukraine now, all the sanctions will be dropped? :)

After they pay the bill for the damage they caused, yes I’d expect they would be dropped. I don’t think they will leave or pay the bill so we won’t get to check that guess anyone time soon. I also agree with the, can I call it cynicism? that this was a unilateral action with no intention of reversal.

Re: Moscow retaliates against Western sanctions with export bans

#75

Post by jccooper » Thu, Mar 10, 2022, 5:41 PM UTC

smhenderson wrote: post #15

Anyone know what impact these two items from the article would have on western companies? allowing Russian airlines to register jets leased from Western firms as their own property In response, a government commission on Wednesday approved the first step towards nationalising assets of foreign firms that leave the country. It seems to me the companies involved probably knew this was possible/probable when they pulled…

Seized foreign assets are often used for recompense in such situations. It can take a while to work through the courts, though.

Re: Moscow retaliates against Western sanctions with export bans

#76

Post by avtolik » Thu, Mar 10, 2022, 5:42 PM UTC

ComradePhil wrote: post #40

mulmen wrote: post #12

Earlier quoted context omitted.

Russia was always in control of when this ends. They can simply leave Ukraine.

Quoted post unavailable.

Yeah, but no. NATO is just an excuse. Putin has said numerous times that the fall of the USSR was a mistake and Ukraine belongs inside.

Re: Moscow retaliates against Western sanctions with export bans

#77

Post by jquery » Thu, Mar 10, 2022, 5:43 PM UTC

ComradePhil wrote: post #40

mulmen wrote: post #12

Earlier quoted context omitted.

Russia was always in control of when this ends. They can simply leave Ukraine.

Quoted post unavailable.

Ukrainians have the right to self-determination.

Anyway it doesn’t matter, Putin is empire building, he made that very clear in his speech before the invasion. NATO is just an excuse to give his war of aggression the thinnest veneer of legitimacy to Russians who eat the daily Kremlin propaganda.

Re: Moscow retaliates against Western sanctions with export bans

#78

Post by tomComb » Thu, Mar 10, 2022, 5:43 PM UTC

somenameforme wrote: post #55

kriops wrote: post #2

Maybe someone can enlighten me, but is this not the equivalent of saying "You can't fire me - I quit"? Are there any practical consequences from this besides symbolism?

During the Irish Potato Famine, Irish companies continued to export large quantities of food, which some have argued would have been sufficient to have turned the widespread and deadly famine into little more than an economic hiccup. The headline of this article is untrue, evidenced even by the article itself. The one quote they provide from Russia is, "These measures are a logical response to those imposed against R…

I highly doubt that these measures will make it so that "the impact of the sanctions on people's day to day necessities is minimal."

For one thing, the stuff that they export will often not be a good match for needs, and it will be in the wrong place at the wrong time. Re-organizing their economy to adapt to the sanctions and achieve something like self sufficiency (with the help of Chinese trade) will be an enormous task.

Re: Moscow retaliates against Western sanctions with export bans

#79

Post by tguvot » Thu, Mar 10, 2022, 5:45 PM UTC

sandworm101 wrote: post #30

The Iron Curtain cut through the heart of Europe, dividing east from west. Curtain 2.0 looks to be forming only around Russia, walling it off from all of Europe. Things will be so much worse for people on the inside this time. It will be like Soviet Russia without the Warsaw Pact to support it. It is one thing to be without Twitter and Hollywood movies, but can Russia feed itself? Can any country? Modern industrial a…

>but can Russia feed itself

I saw some article on this topic, apparently 100% of "material" for inseminating cows is imported. Also like 80% of wheat seeds and majority of potato seeds (or whatever). Something similar with chicks

Re: Moscow retaliates against Western sanctions with export bans

#80

Post by dalbasal » Thu, Mar 10, 2022, 5:45 PM UTC

sandworm101 wrote: post #30

The Iron Curtain cut through the heart of Europe, dividing east from west. Curtain 2.0 looks to be forming only around Russia, walling it off from all of Europe. Things will be so much worse for people on the inside this time. It will be like Soviet Russia without the Warsaw Pact to support it. It is one thing to be without Twitter and Hollywood movies, but can Russia feed itself? Can any country? Modern industrial a…

They can probably feed themselves. Growing calories is something we're good at, especially Russia.

The hard part is dealing with a scenario where there is plenty of wheat, but people have no money to buy it.

Ireland, in the 1840s suffered a horrific famine. Grain was being exported the while time. Food existed. People couldn't afford it.

During the US' great depression, people were hungry while agricultural products piled up, rotted in or burned to defend a price floor.

I don't think Russia will starve, but economics is hard. There are a lot of ways this can get really bad.