Segzydaniels:
I want to see who will bow who now

Don't be happy about this news. The reason the west is doing all they can to crumble Russia economy is because they want to push Russia to retaliate with nuke. The west want this conflict to lead to world war. But it seems that you and other western zombies won't realize Who your true enemy is till your last moment.

obedience4:


The people in power are saying their economy is in shock.. IMF says by next week Russia might even default on his payment.. The ruble is in an all time low.. The Russian stock exchange has not traded in Weeks.. This financial expert in Nigeria is saying they are laughing that China provided them alternative..
Lol..

why bother with these jokers

Reading a lot of comments here does indicate that there is a lot of shallow reasoning amongst my fellow Nigerians when it comes to International issues.

A lot of persons on this forum are pro UK/US and well that's fine. Especially when you consider the fact that those are the countries they wish to emigrate to, and they have been heavily influenced by their way of life as aggressively promoted by their TV and film media.

Not to digress on the OP's post, I do NOT ever recall the Russians saying that they were "Sanctions proof". What they did say was that they had built a "fortress economy" which will be resistant to collapse as envisaged by the Western powers. They also stated that no matter the sanctions levied on them, they wouldn't budge on their security concerns.

I read a lot of Russian media and also follow the actions that their government has been taking with regards to measures to reduce the impact of the sanctions and ensure that the economy continues to function.

What you are currently seeing is a market induced "supply-demand" crisis, as major imports routes of goods, investments and funds into the economy has been frozen all at once and about 60% of the foreign currency reserves which will have cushioned the effect of the loss of the above inflows have also been frozen. So for the next 3 - 6 months, the economy will be in crisis mode but gradually things will begin to normalize as they develop alternative markets and sources of capital.

One important factor that people fail to realize is that Russia is self-sufficient in the area of resources, food, power, security and for majority of the items imported from the west, they have their own analogues. An example is in the area of computers - few do realize that Russia manufactures it own computers (Elbrus - which are military grade) and they don't run on Integrated Circuits (chips), but rather on Quartz crystals which make it bulky as compared to the more marketable slims computers from Japan/US, but in terms of resistance to EMPs, ruggedity and redundance they are much more better than the HPs, Dells and Toshibas.

Russian economy from Soviet times, has also been focused on three key areas - Military and Military use products, Space and Aircraft Manufacturing and Extractive industries (Oil & Gas). However, they have been weak on consumer oriented products and technologies. This is where they are going to pour in their efforts to really become independent from the West.

Things will be very tough, but once they can pull through, it is bye bye to all those companies that have imposed sanctions and there is no more "Russian market" for them ever again.

Jeromejnr:


We can see that the Russians are not even hiding things like casualties, their shock e.t.c

But western media has been over exaggerating, giving false news and dishing propaganda since this war started.

I even have to tune into Australian news to get a balanced view on both sides.

What is this one saying?

Horus:
Russia’s ruling party, United Russia, said on Wednesday that a government commission had approved the first step towards nationalizing assets of foreign firms that leave the country in the wake of economic sanctions over Ukraine.

United Russia added in a statement on the Telegram messaging app that the commission on lawmaking activity had supported a bill allowing for firms more than 25% owned by foreigners from “unfriendly states” to be put into external administration.

“This will prevent bankruptcy and save jobs,” it said.

Corporate actions to censure Russia over its invasion of Ukraine vary widely, with some firms like US carmaker Ford temporarily shutting down factories but others like British energy company BP promising to exit the country.

United Russia said according to the proposed bill companies who had announced they were leaving Russia could refuse to go into administration if within five days they resumed activities or sold shares, providing that the business and employees remained.

Otherwise, a court would appoint a temporary administration for three months, after which the shares of the new organization would be put up for auction and the old one would be liquidated, it added.

https://newsinfo.inquirer.net/1566069/russia-will-nationalize-assets-of-foreign-firms-that-leave-ruling-party

Put up for auction and buy with worthless ruble

Venezuela is the most belligerent country in the western hemisphere not to have succumbed to western imperialism. Venezuela has the largest crude oil reserve in the world and their biggest sin is standing on their grounds not sell oil in $$$$ except in Gold, and today the Almighty Uncle Thomas is begging Caracas to export more crude oil to the market (secretly and behind the scenes). Our GEN Z think life begins and ends with USA.

Kingpele:
Una never see shock, the whole world will shock u just as you are presently shocking innocent children, women and elderly people in Ukraine..a sovereign state is like an adult free to make choices according to what they seem best to them,u can't dictate to Adult what to wear or what to do with his life..a sovereign state is sovereign because is an independent state, so a tyrant trying to terrorised them into bending to his wish is evil ,talk more of bringing war into his doorstep. Those supporting evil of putin today just because the west behaved in like manner are shortsighted. Condemning putin evil will prevent such evil, one drunkard here is proposing that USA and co should be sanctioned over past evil and u now see why our leaders are stealing our money

life is not that straightforward.
NATO was form as a military alliance against USSR. after successfully destroying the USSR, they're now coming for the break away components of the USSR. Why do you think they're doing that? the mother component the former USSR will not watch on to see her children romancing with the organization that was formed against her.

The West knew that Russia would react that's why they pushed Ukraine on and still pushing them on. They are not sanctioning Russia because they care about Ukraine. They've planned it all along and this is an opportunity to try and destroy Russia - and Ukraine as well. Watch! After this war, Ukraine will be abandoned

Unruly7:
But how come we don't read about how Ukraine economy is doing

the country at the verge of falling to Russia trop... millions are fleeing the country...no light..no bank... No school and you are still asking how their economy is doing...oga oo

Russians have started crying and the sanctions haven't started to bite hard yet.

China can send them some noodles to help alleviate poverty.

ademola721gmai:

No country is immune from sanctions. But my problem with you guys is supporting an imperialist over another imperialist nation.

One imperialist didn't give everybody a choice. The world was for a first time in while United in the fight against CoViD, then all of a sudden someone decided to invade a sovereign nation.
That action doesn't give others much of a choice other than to condemn it in the strongest way possible.

would Russia have been sanctioned if it didn't invade Ukraine?
or should everybody keep quiet and let them do as they please?

what's your POV exactly?

sotall:


Nairaland Pro-Putin Loudmouths will not agree even if their idol Putin says he is in shock.


I cant wait to see Putin with jerry cans begging Europe to buy Russian oil.

lol your dream self no go talk this mumu thing

emmanuelbrown26:
According to Putin Nairaland crew, West can go to hell and Russia won't feel any heat at all.
When u tell people that somethings can never change, na West and America get power. Hate them like them, their is nothing any other continent can do about it.
People don't know the economic implication of sanction, until they know it, that's when they would understand. Two racist countries.

Bros,the Russians Stock exchange will remain closed until September 2022,if not more!
Let the to pro-Russians carried their Ruble Currency and trade there!
This is Putin War,for the People of Ukraine was just discussing their likelihood of joining EU and then NATO and a Dictator Putin just decided to bomb innocent people.
The proposal has not even been presented to the Europe for consideration and ratification,yet Putin felt Might is Right!
Now,Putin have met Ukrainians Determined People that are now saying,'over their dead bodies for the Russians to rule them'
Sometimes in life,lack of appropriate wisdom can make your enemies to wake up from slumber.
Nonsense pro-Russians People!
Nonsense War!
With Ukrainians we stand!

shugacaneman:
They’re having a good laugh. China has provided them with all the financial alternatives that they want. The SWIFT ban no shake them China gave them another payment gateway.


Only if you know the true reason for this RUS VS UKR war.

China can’t provide shit without the US and west backing to some level.


Putin has a clear option to negotiate bt is giving orders rather than negotiation.

I told people sanctions have levels some were saying abacha government survived US sanctions.

They forget that was a different era and those sanctions were minimal.

Russia’s economy cannot survive this. It will crash completely in a matter months.

[s]

mach7:
Reading a lot of comments here does indicate that there is a lot of shallow reasoning amongst my fellow Nigerians when it comes to International issues.

A lot of persons on this forum are pro UK/US and well that's fine. Especially when you consider the fact that those are the countries they wish to emigrate to, and they have been heavily influenced by their way of life as aggressively promoted by their TV and film media.

Not to digress on the OP's post, I do NOT ever recall the Russians saying that they were "Sanctions proof". What they did say was that they had built a "fortress economy" which will be resistant to collapse as envisaged by the Western powers. They also stated that no matter the sanctions levied on them, they wouldn't budge on their security concerns.

I read a lot of Russian media and also follow the actions that their government has been taking with regards to measures to reduce the impact of the sanctions and ensure that the economy continues to function.

What you are currently seeing is a market induced "supply-demand" crisis, as major imports routes of goods, investments and funds into the economy has been frozen all at once and about 60% of the foreign currency reserves which will have cushioned the effect of the loss of the above inflows have also been frozen. So for the next 3 - 6 months, the economy will be in crisis mode but gradually things will begin to normalize as they develop alternative markets and sources of capital.

One important factor that people fail to realize is that Russia is self-sufficient in the area of resources, food, power, security and for majority of the items imported from the west, they have their own analogues. An example is in the area of computers - few do realize that Russia manufactures it own computers (Elbrus - which are military grade) and they don't run on Integrated Circuits (chips), but rather on Quartz crystals which make it bulky as compared to the more marketable slims computers from Japan/US, but in terms of resistance to EMPs, ruggedity and redundance they are much more better than the HPs, Dells and Toshibas.

Russian economy from Soviet times, has also been focused on three key areas - Military and Military use products, Space and Aircraft Manufacturing and Extractive industries (Oil & Gas). However, they have been weak on consumer oriented products and technologies. This is where they are going to pour in their efforts to really become independent from the West.

Things will be very tough, but once they can pull through, it is bye bye to all those companies that have imposed sanctions and there is no more "Russian market" for them ever again.

[/s]


safe ur breath bro.

Kingpele:
Una never see shock, the whole world will shock u just as you are presently shocking innocent children, women and elderly people in Ukraine..a sovereign state is like an adult free to make choices according to what they seem best to them,u can't dictate to Adult what to wear or what to do with his life..a sovereign state is sovereign because is an independent state, so a tyrant trying to terrorised them into bending to his wish is evil ,talk more of bringing war into his doorstep. Those supporting evil of putin today just because the west behaved in like manner are shortsighted. Condemning putin evil will prevent such evil, one drunkard here is proposing that USA and co should be sanctioned over past evil and u now see why our leaders are stealing our money

life is not that straightforward.
NATO was form as a military alliance against USSR. after successfully destroying the USSR, they're now coming for the break away components of the USSR. Why do you think they're doing that? the mother component the former USSR will not watch on to see her children romancing with the organization that was formed against her.

The West knew that Russia would react that's why they pushed Ukraine on and still pushing them on. They are not sanctioning Russia because they care about Ukraine. They've planned it all along and this is an opportunity to try and destroy Russia - and Ukraine as well. Watch! After this war, Ukraine will be abandoned and your support or condemnable has absolutely no impact in this power tussle

goodheart01:


The thing tire me. Guys like MangekyoAlt useni1 SarkinYarki and DoggoneDogg my men wey sabi argue any how

Wait and see. America and Uk are sanctioning themselves. Their citizens will soon start eating grass. Just 6months. Wait and see

Jeromejnr:


We can see that the Russians are not even hiding things like casualties, their shock e.t.c

But western media has been over exaggerating, giving false news and dishing propaganda since this war started.

I even have to tune into Australian news to get a balanced view on both sides.

JeromeJnr the mugu. Australia is no longer part of the Western world again abi? This guy is too ignorant and jobless that he must talk in something he knows nothing about. Geopolitics is beyond you my boy.

Jeromejnr:


We can see that the Russians are not even hiding things like casualties, their shock e.t.c

But western media has been over exaggerating, giving false news and dishing propaganda since this war started.

I even have to tune into Australian news to get a balanced view on both sides.

Australia is part of the west.

Part of the 5 eyes country sef

US and d west will be coming after Russia soon. Just watch out part two of Russia disintegration. It's not gonna be funny at all. Weakening their economy was d beat strategy and soon they will vome after their nuclear plants.
Their oligarch and top military will be embroider in serious war crime cases and Russia would have been worse than Zimbabwe by then.

If you wanna hide something from a black man,put it in writing.some of you all just read headlines

Kingpele:
Una never see shock, the whole world will shock u just as you are presently shocking innocent children, women and elderly people in Ukraine..a sovereign state is like an adult free to make choices according to what they seem best to them,u can't dictate to Adult what to wear or what to do with his life..a sovereign state is sovereign because is an independent state, so a tyrant trying to terrorised them into bending to his wish is evil ,talk more of bringing war into his doorstep. Those supporting evil of putin today just because the west behaved in like manner are shortsighted. Condemning putin evil will prevent such evil, one drunkard here is proposing that USA and co should be sanctioned over past evil and u now see why our leaders are stealing our money

Lol

TheABOMINATION:


Don't be happy about this news. The reason the west is doing all they can to crumble Russia economy is because they want to push Russia to retaliate with nuke. The west want this conflict to lead to world war. But it seems that you and other western zombies won't realize Who your true enemy is till your last moment.

Hey kiddo, go back to your school and stop quoting me

obedience4:
That was how many dumb people in niraland were saying about Iran.. When the sanctions started.. That they have China and Russian..
Look at the Iranian economy. This is a country like Russia whose economy is tied to exportation of gas and crude.. .
Iranian economy is nothing to write about..
Now they will be sitting in the table next week to negotiate after many years of initial gra gar..
Those that don't understand economics. Don't understand how trade work's

What is wrong with Iran economy? Even with sanctions they are doing better than the two biggest economies in africa combined.ordinary read ,you cannot

.

When the whole world cook for one country, it will not finish it.

emmanuelbrown26:
According to Putin Nairaland crew, West can go to hell and Russia won't feel any heat at all.
When u tell people that somethings can never change, na West and America get power. Hate them like them, their is nothing any other continent can do about it.
People don't know the economic implication of sanction, until they know it, that's when they would understand. Two racist countries.

China will soon abandon them........who knows RUBLES even before the war. Who the Bleep is Russia. Dollars controls world economies.

shugacaneman:
They’re having a good laugh. China has provided them with all the financial alternatives that they want. The SWIFT ban no shake them China gave them another payment gateway.


Only if you know the true reason for this RUS VS UKR war.

When almost 52 countries in Europe and america refused to do business with Russia and just one china provide swift for Russia, then you think their economy will balance,

bros think am well.

Ogaga87:
The favours Nigeria with the price of crude oil going up and helping us offset our debt...


Since Russia has refuse to accept wrong doing, they will see more shock

Upset which debt a lot of the money will go into payment of subsidies .

emmanuelbrown26:
According to Putin Nairaland crew, West can go to hell and Russia won't feel any heat at all.
When u tell people that somethings can never change, na West and America get power. Hate them like them, their is nothing any other continent can do about it.
People don't know the economic implication of sanction, until they know it, that's when they would understand. Two racist countries.

Mumusaphire:
But Putin online warriors said it doesn't affect them in anyway because he will Allie with china. Funny people full everywhere. Even there work won't be the same because plenty people will lose their jobs.

sotall:


Nairaland Pro-Putin Loudmouths will not agree even if their idol Putin says he is in shock.


I cant wait to see Putin with jerry cans begging Europe to buy Russian oil.

BritishNaija:
According to Putin boys on nairaland, Russia is sanction proof.

"You must be very happy and loyal to the Western World who sold your ancestors like animals and make them work in their farms as slaves and torture them to death...

Your ancestors must be cursing you wherever they are and ashamed their great grand children are still senseless and loyal to the West, unlike the Russians who never colonized you.

I am very sure you are not wise enough to digest what I just typed". Village People Spokesperson.

Mumusaphire:
But Putin online warriors said it doesn't affect them in anyway because he will Allie with china. Funny people full everywhere. Even there work won't be the same because plenty people will lose their jobs.

Thousands of Russians working for and in those Western companies and businesses would have already become jobless by now.
It is a huge financial calamity on Russians.
Putin did not see this coming. He shot himself in the foot.

Unruly7:
But how come we don't read about how Ukraine economy is doing

You don see fowl wey e yansh open....?

Don't worry, Putin yansh don dey show small small... But we go soon know whether e dey red or black.