Sanctions for some…

Great Reset Little Known Facts 49 Comments

As any student of history would know, sanctions typically leak like sieves. That’s why a war strategy based on them is likely to go nowhere.

While Japan has joined other western allies in sanctioning Russia over its invasion of Ukraine, the Asian nation has stopped short of taking strict measures on oil and natural gas. The government has said that Russia’s Sakhalin-2 export project is a key source of Japan’s liquefied natural gas supply, and the production and import of its oil is required for stable operations.

 

49 Replies to “Sanctions for some…”

    1. Well, we could be Bono-ing, if our Bobo in chief hadn’t decided on energy poverty for us.
      We could be one of the most prosperous nations (or western provinces) Instead, we have a leave it in the ground strategy, as our own government sanctions our own country from itself. Meanwhile the Mexicans are ramping up to energy self sufficiency and enough left over for export to countries like Germany, who have already signed agreements with and have begun building 3 new NLG export terminals in Mexico..

      https://www.bakerinstitute.org/research/mexicos-energy-self-sufficiency-work-progress-or-pipe-dream

      Perhaps Japan should consider some more modern reactors not so close to the ocean, they could go all electric.. Isn’t that the way the world is going , anyways? I know somewhere that has lots of uranium as well.. Oh, wait…

  2. The only people being sanctioned are the citizens of western nations, and it ain’t Putin doing this to us.

    1. Intellectual laziness. Russia had the worst economic growth in the G20. -3.7% last quarter and -4.1% the one before. No other country in the G20 had negative growth in either quarter.

      Oil price and supply is stable. Europe has found alternative sources for gas and is fully stocked. Speaking of gas, bulk prices in Europe have reached pre war levels.

      1. Allan, your entire cognitive process consists of nothing but tired cliches and CNN talking points, if I wanted to be pfilled with that kind of BS, I would subscribe to cable.
        Now FO.

        1. Resort to ad hom after I completely annihilate your BS narrative that you didn’t even bother spending a minute researching?

          I accept your surrender.

          2. Allan it isn’t the eighties any longer…….. our enemies are much closer.
            Quit acting like one.
            Russians aren’t friggin spoiled rotten.
            Thanks have a nice day.

      3. “Russia had the worst economic growth in the G20. -3.7% last quarter and -4.1% the one before.”

        I find it interesting that Russia – shunned by the Western World – continues to reliably report its GDP.

  3. JT sez “No business case for Northern Gateway and LNG Canada pipelines”. Why would we ever want west coast energy exports?

  4. Sanctions against Russia won’t work because most countries know that this isn’t a 100% “Russia bad invader” scenario as the west is portraying. I’m sure Japan knows NATO provoked this war.

    1. Intellectual laziness. No, NATO didn’t provoke the war. Another lame Kremlin narrative.

      Yes the sanctions are working. Worst economic performance in the G20 by far AINEC. Could they be working more? That would be nice.

      1. Trump critiqued and constrained NATO’s expansion … and there was NO war and NO invasion of Ukraine. That’s fact. Stubborn things … facts.

        1. Russias war in Ukraine started in 2014 and has been ongoing since then.

          Facts.

          The planning of the current escalation happened during Trump.

          Facts.

          2. Hahahahaha … yeah … “the planning” …

            Hint: The USA has been “planning” for worldwide thermonuclear war since 1948

    2. “…I’m sure Japan knows NATO provoked this war…”

      It’s almost like they have seen something like that happen before.

  7. Bullshlt data Allan just like Bidens million job creation numbers that were actually only 10K once the election was over. The only reason there is a war between Russia and Ukraine is that the Uniparty is protecting their laundromat, and needed a foil to further grift 100s of billions that will not benefit Ukraine in any way shape or form.

    Meanwhile we continue to lose our economic livlihood in the West.

    What the rate of inflation in Russia Allan? Id rather have a bit of economic contraction and have the value of my lifes work not diminished by 30% annually

    Raising interest rates at the fastest pace ever to battle engineered supply chain issues only serves to harm the average canadian and will not solve the supply chain issues.

    1. Another round of intellectual laziness. The data comes from the Bank of Russia.

      Regarding GDP growth and inflation, I’m inclined to believe you do not understand the difference between nominal GDP growth and real GDP growth. Almost nobody talks about the first which is GDP growth in dollar terms without removing inflation.

      Say real GDP growth is 2% over a year and inflation is 5% over a year. Nominal is real GDP plus inflation. So it would be 7%. Negative real GDP – like in Russia – means inflation was larger than nominal GDP growth.

      Thus concludes today’s lesson on economics. Now, I have money to make. Millions on welfare depend on me.

      1. Russia. Near number one in HIV, alcoholism, heroin, child abandonment and abortion, skilled labor flight, lowest male longevity, 2nd fastest population decline. Has 6% of the patent generation as US. Economy the size of Finland. Doesn’t manufacture one single world class good or service.

        You can list a hundred metrics and Russia is in the pits with 92 of them. Taken as a whole, Russia is in terrible shape.
        Presently on the Venezuela, Cuba, N.Korea success path. Which is odd because Putin/Lavrov have long expressed affection for the leadership of those paradises.

        But yeah. Doing great. It’s citizens are either killing themselves, their potential children or fleeing.

      2. So if the cost of goods in Russia is declining by 10% – getting cheaper for consumers and their savings buying more today than yesterday – and real GDP is 4% – Russia would have a nominal GDP of -6% growth?

        And Canada whos economy is contracting by eg. -5% but has 30% inflation is experiencing 25% growth?

        I know which one Id rather be in.

        As a public sector employee allan you contribute nothing to the economy.

        1. The last numbers published say Russia is at a rate of 12%. If their real GDP is -4% that means nominal GDP is 8%. But since inflation is outpacing nomin, they ate moving backwards

          Your numbers for Canada are also incorrect.

    1. Or, their data likely represents the best case scenario. Even with that, they are in a deep recession which is entirely the making of Putin

  10. “The best way to destroy the Russian economy would be to make Biden their president.”
    And it is funny how all these now Russia haters seem to forget that Russia is a Communist/Socialist country.

  11. National interests, sanctions.. How much are you willing to suffer living with a alcoholic to keep the family together?.. The lofty goals of family up against a black eye and a empty bank account?.. You tell me..

  12. “And it is funny how all these now Russia haters seem to forget that Russia is a Communist/Socialist country.”

    Please point out the good guys in this war and why they are good.

    It’s no different from any other war. The little people are caught defenseless in the middle. Con men make fortunes, people die.

    So who are the heroes Alan?

  13. I’d prefer a more pragmatic approach. If the US used their abundant resources (shale mining among them) they would have to ability to remain energy independent for nearly 200 years. This would negate about $300 Billion in petroleum imports annually. It would help level out the trade deficits and jumpstart domestic manufacturing. Economic growth would increase in the US by more than 2% just based on the energy industry (not even including the follow-up flow of new business and manufacturing) The energy costs in the US would be significantly lower, consumer confidence would spike…and excess processing could be sold off to allies.

    Russia is so dependent on their petroleum industry to pad their economy, that they would likely regret their inclusion in OPEC +. Oil barrel pricing would dip significantly. Russia would face a logistics nightmare of 1. having to rely on China and the Pacific Rim as their primary customers. 2. They would, also, have to put aside their own prejudices of China and deal directly with them as their new biggest consumer. That, alone, would be entertaining as hell to watch. Who would screw over whom first?

    1. America could become truly energy independent, producing all its natural gas and oil. BUT, it also makes a lot of weapons and sells those weapons to middle east countries that produce oil. You buy our oil and we buy your weapons. AND you can take a small profit to supplement your meager government salary. At least that is how I think it works. As long as oil & gas is worth something you want to be in the middle east, if you plan on ruling the world.

  14. That sanctions do not work perfectly is hardly the point. If they slow the flow of goods then they are working as intended.

  18. If the world (euros) gave a damn about sanctions they wouldn’t have pegged ruskie oil @$60. They made sure the fix is in.

    $25/bbl would have sent a message. $60 means they want to play along. A meaningless gesture.

  19. “…I’m sure Japan knows NATO provoked this war…”

    It’s almost like they have seen something like that happen before.

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