The Briefing Room

General Category => World News => Topic started by: Gazoo on March 04, 2014, 07:57:21 pm

Title: Russia warns: could 'reduce to zero' economic dependency on US
Post by: Gazoo on March 04, 2014, 07:57:21 pm
Quote
Moscow (AFP) - Russia could reduce to zero its economic dependency on the United States if Washington agreed sanctions against Moscow over Ukraine, a Kremlin aide said on Tuesday, warning that the American financial system faced a "crash" if this happened.

"We would find a way not just to reduce our dependency on the United States to zero but to emerge from those sanctions with great benefits for ourselves," said Kremlin economic aide Sergei Glazyev.

He told the RIA Novosti news agency Russia could stop using dollars for international transactions and create its own payment system using its "wonderful trade and economic relations with our partners in the East and South."

Russian firms and banks would also not return loans from American financial institutions, he said.

"An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system," he added.

He said that economic sanctions imposed by the European Union would be a "catastrophe" for Europe, saying that Russia could halt gas supplies "which would be beneficial for the Americans" and give the Russian economy a useful "impulse".

http://news.yahoo.com/russia-warns-could-reduce-zero-economic-dependency-us-083926261.html;_ylt=AwrSyCVd_hVT7BUA4C3QtDMD (http://news.yahoo.com/russia-warns-could-reduce-zero-economic-dependency-us-083926261.html;_ylt=AwrSyCVd_hVT7BUA4C3QtDMD)

Just when you thought Russia was standing down. And Obama hops on a kids rug with his teleprompter.

God, help us, please!
Title: Re: Russia warns: could 'reduce to zero' economic dependency on US
Post by: alicewonders on March 04, 2014, 08:25:33 pm
Just when you thought Russia was standing down. And Obama hops on a kids rug with his teleprompter.

God, help us, please!

According to John Kerry, Putin is just saying this out of "weakness".  The sad thing is there is probably a lot of truth in what he says.  I don't think Europe, especially Germany, is going to be very anxious to impose sanctions on Russia. 



"An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system," he added.



I think he's bluffing here, but I find it to be a chilling insight to what his end goal really is. 
Title: Re: Russia warns: could 'reduce to zero' economic dependency on US
Post by: Gazoo on March 04, 2014, 08:27:49 pm
According to John Kerry, Putin is just saying this out of "weakness".  The sad thing is there is probably a lot of truth in what he says.  I don't think Europe, especially Germany, is going to be very anxious to impose sanctions on Russia. 



"An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system," he added.



I think he's bluffing here, but I find it to be a chilling insight to what his end goal really is.

Combined with China he could do this.
Title: Re: Russia warns: could 'reduce to zero' economic dependency on US
Post by: alicewonders on March 04, 2014, 08:34:49 pm
Combined with China he could do this.

You know he's given that a lot of thought. 
Title: Re: Russia warns: could 'reduce to zero' economic dependency on US
Post by: Rapunzel on March 04, 2014, 08:50:57 pm
You know he's given that a lot of thought.

He certainly has.  How many remember his move on Georgia came right on the heels of the olympics games? 

Ukraine is the breadbasket of the former Soviet Union......... Russia "leases" their Black Sea ports from Ukraine.  Not to mention Ukraine has borders with 8 other former Soviet countries... strategically this is a huge coupe for Russia/
Title: Re: Russia warns: could 'reduce to zero' economic dependency on US
Post by: musiclady on March 04, 2014, 09:48:25 pm
"An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system," he added.


Don't bother, Mr. Putin.  Obama's taking care of that all by himself.    **nononono*
Title: Re: Russia warns: could 'reduce to zero' economic dependency on US
Post by: Oceander on March 04, 2014, 11:25:28 pm
now this is bluff and bluster