Quote:
Originally Posted by Pointman
Confirmed by Russian media. Putin says the reason for setting nukes on high alert is because high-ranked leaders of NATO countries are talking about Russia in intimidating and aggressive way
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Well, the real reason he’s doing this is because the economic sanctions that are being taken are devastating. They’re very much the equivalent of an atomic bomb for them economically. Basically, Russia will have no access to other currencies, and no way to access their foreign reserves. If those conditions persist, it could cause their economy to collapse completely.
And yes, the Russians have gold. But who do you sell that to? The only logical answer is China. So you load up the railroad to get the gold to the Chinese (a feat in itself considering the security measures and such), and they pay you a discounted rate because you’re a forced seller, and with what? Probably Renminbi. Russia has an enormous problem here. The Russian economy buys things from everywhere else. They can’t do that without Euros/USD, etc.
I think the “west” should be very careful though. They should be giving Russia some access to its money and not just “drop the bomb”. You want to slowly starve the economy because crushing them will cause the escalation we seem to be seeing today. That’s scary.
It’s extremely interesting though. This is the new warfare. Decades ago it was thousands of soldiers rushing in and today it’s basically a flick of a switch.