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Thread: Putin says Russia should aim to sell energy in roubles

  1. #41
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    Re: Putin says Russia should aim to sell energy in roubles

    Quote Originally Posted by Dittohead not! View Post
    All this during the Obama administration, the one that is so wussy (according to the right wing) that Putin feels free to go ahead and invade Ukraine?

    I don't recall hearing a lot from the lamestream media about that for some reason.
    True enough. I've never understood that criticism either. I think that between the predator drone campaign on steroids, Libya, Syria, Ukraine and China, he's gone pretty far.
    Killing one person is murder, killing 100,000 is foreign policy

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    Re: Putin says Russia should aim to sell energy in roubles

    Quote Originally Posted by Montecresto View Post
    True enough. I've never understood that criticism either. I think that between the predator drone campaign on steroids, Libya, Syria, Ukraine and China, he's gone pretty far.
    It does seem that he has.

    But, you see, Obama is a Democrat, and a liberal one at that. By definition, then, he must be a peacenick. Moreover, the has gone on an "apology tour" (according to the RW) and hates America. He may even be a Muslim out to get us. That negates any troop surges, any drone attacks, anything.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Putin says Russia should aim to sell energy in roubles

    As I have said before, many times;

    None of this would probably be happening had the rebels not overthrown the legally elected (though corrupt) leader of the Ukraine.

    I am not sure why they did it...little doubt that direct/indirect encouragement from the West (especially from America, IMO) had a big hand in it.

    The Crimea would still be part of Ukraine, the east would not have broken away, the civil war would not have begun and MH17 would not have been shot down...all because the rebels could not wait a few years to legally oust their legally elected leader.

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    Re: Putin says Russia should aim to sell energy in roubles

    Quote Originally Posted by Montecresto View Post
    It amazes me, the risks that the US is willing to take in this, and the pressure that the US has put upon the EU to punish Putin with sanctions that could likely punish themselves in the process. And maybe it could be argued it is justified if Putin was really guilty as charge, however he isn't. It was the US/EU, that facilitated the overthrow of the Ukraine government installing a pro-Western government that only naivety would expect Russia could tolerate.

    Risky business here.
    Yes, I've always wondered what in the hell we have to gain in Ukraine. They're a basket case, they are Russia's problem, and our involvement is just plain wrong and stupid. I've always thought that the message to Putin should be: "Buddy, do as you wish in your own backyard; don't mess with NATO territory, though. We'll tolerate your incursions in places like Georgia or Ukraine, but not in places like Latvia and Estonia, so, be careful when you pick your battles. As long as you don't step on our toes, let's continue to do business."

    Unfortunately when we have a president who is inept in foreign policy, we get entangled in this kind of mess.

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    Educator GreatNews2night's Avatar
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    Re: Putin says Russia should aim to sell energy in roubles

    Quote Originally Posted by DA60 View Post
    What?

    The petrodollar practically guarantees the U.S. dollar remains the world's reserve currency. It means all countries must hold U.S. dollars to trade many commodities (like oil/gas). Plus, this forced use of the greenback makes it extremely stable and trusted.

    If you end the petrodollar, then many/most countries will probably dump their dollars (since they won't need them any longer) which will undoubtedly drop it's value greatly...maybe hugely.
    This loss of stability will probably cause it's value to drop even more.

    IMO, the petrodollar is HUGE for America. It allows her to 'print' virtually endless amounts of money with little fear of an immediate collapse in her currency's value.
    Take that away, and suddenly everything gets very iffy....along with inflation growing greatly (just ask Japan about the latter).

    IMO, America is running a potentially big risk with this sanction game of chicken they are playing with Russia.
    The thing is, such outcome is inevitable regardless of the Ukraine crisis. It's where the world is going, with the rise of the BRICS. The petrodollar has its days numbered. The decline of the American empire, like all empires, is inevitable and irreversible.

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    Re: Putin says Russia should aim to sell energy in roubles

    Quote Originally Posted by DA60 View Post
    ...all because the rebels could not wait a few years to legally oust their legally elected leader.
    A few years? Elections had been set for May. More like a few weeks.

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    Re: Putin says Russia should aim to sell energy in roubles

    Quote Originally Posted by GreatNews2night View Post
    A few years? Elections had been set for May. More like a few weeks.
    My understanding was presidential elections in Ukraine are every 5 years - which would be in January, 2015.

    EIther way, I was wrong as it would be only a few months the rebels would have had to wait.

    That makes the coup even more ridiculous...unless they thought they would lose the election - and if true, then it just makes them little more then thugs.

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    Re: Putin says Russia should aim to sell energy in roubles

    Quote Originally Posted by GreatNews2night View Post
    Yes, I've always wondered what in the hell we have to gain in Ukraine. They're a basket case, they are Russia's problem, and our involvement is just plain wrong and stupid. I've always thought that the message to Putin should be: "Buddy, do as you wish in your own backyard; don't mess with NATO territory, though. We'll tolerate your incursions in places like Georgia or Ukraine, but not in places like Latvia and Estonia, so, be careful when you pick your battles. As long as you don't step on our toes, let's continue to do business."

    Unfortunately when we have a president who is inept in foreign policy, we get entangled in this kind of mess.
    Think of how many countries have been gobbled up by NATO expansion eastward. Which is what the Ukraine is about right now, only completely natural that Russia is resisting this.
    Killing one person is murder, killing 100,000 is foreign policy

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