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Old 04-18-2014, 11:14 AM   #1
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VISA/Mastercard exclude Russian banks

The fact that VISA and Mastercard have resorted to such a drastic sanction (excluding Russian banks from their system) is a strong sign of a major financial war between the West and Russia.

Russia is creating their own internal system now and they are expected to 'take revenge':
http://www.primevalues.org/market-wa...al-warfare.htm

They have a lot of gas, petrol, own a bunch of dollars that they could get rid of and so on and so forth...

More so: this might bring the BRICs together and only God knows what they'll do to the dollar and the euro.

I don't know why they attacked Russia with this. It seems dangerous.

I think there's a lot more damage that Russia can do to Europe's and the United States' economy...

What do you think?
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Old 04-18-2014, 12:36 PM   #2
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I think Obama is messing around with the wrong cholo on this one. We have zero jurisdiction there and absolutely no compelling national security interest. This can and will end badly.
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Old 04-19-2014, 02:13 AM   #3
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What took them so long?
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Old 04-21-2014, 07:35 AM   #4
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It's just accelerating the war on the petrodollar. Remember when (just over two years ago) the USA threatened to lock China out of the SWIFT system? Suddenly the BRICS found the will to get past their differences in setting up that BRICS bank. I'm sure this will add more fuel to that fire.
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Old 05-05-2014, 03:12 PM   #5
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They are making the BRICs mad now and they'll kick back!

China-Russia have enough reasons now to team up, the other two might still fear the west or something... but if the 4 BRICs are together, they can rule.

I don't think bugging Russia right now is a good idea, I can't see why the west isn't a bit more careful.
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Old 05-05-2014, 03:35 PM   #6
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I'm with Potemkin on this one. Russia was minding their own business when the people of the Ukraine voted to not join the EU, which pissed off their would-be masters, so they stepped in. After stirring the pot, and getting called out on it when someone leaked some e-mails that spelled it right out, we shifted gears. Now, the separatists are called terrorists and have been painted as the bad guys. Even though the Crimean population voted overwhelmingly to secede from Ukraine and bind themselves back to Russia. The Eurocrats didn't like that so now they're poking Russia with a stick and hoping Putin backs off. Fat chance of that happening.

You see my friends, it's only democracy if the USA says it is, and until then, it's terrorism. Get it now?
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Old 05-06-2014, 12:39 AM   #7
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Originally Posted by Potemkin View Post:
They are making the BRICs mad now and they'll kick back!

I don't think bugging Russia right now is a good idea, I can't see why the west isn't a bit more careful.
It is NEVER wise to stir up a bear from a position of WEAKNESS. The bear will ALWAYS win.

Originally Posted by ancona View Post:
The Eurocrats didn't like that so now they're poking Russia with a stick and hoping Putin backs off. Fat chance of that happening.
Russia will not back off. They know history and they know what will happen if they do back off. The bloodiest lands in the world are the countries that lie between Russia and Germany. Russia and Germany have been fighting over that territory for CENTURIES and it WILL happen again. Putin KNOWS that. He knows that if he does not control that territory, Germany will, and Germany will do what Germany has ALWAYS done - go to war against Russia.

Controlling that territory gives Moscow a 500 mile buffer against any shenanigans that Germany is currently concocting. That is enough buffer where any attacker can be delayed long enough for the Russian winter to set in. Napoleon discovered that the hard way by losing almost all of his troops.

Unfortunately, there is no one in the U.S. government, and damn few of the general public, that knows history and knows that those who fail to learn from history are doomed to repeat it.

You are watching history repeat. Soon blood will again spill there when Germany and Russia go at it again. Putin knows that it WILL eventually happen, so he is doing what he can to give Moscow breathing room when it does happen. Only this time, Russia is more likely to come out on top, mainly because now China et alia have Russia's back and can supply material and manpower from the East. In the past Russia has had to go it alone. Not so this time.
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Old 05-06-2014, 07:50 AM   #8
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Originally Posted by Potemkin View Post:
...
China-Russia have enough reasons now to team up, the other two might still fear the west or something...
China is one of India's largest trade partners (more so than the USA). Brazil has made a lot of noise about the USA's monetary policy since 2008.

http://www.pmbug.com/forum/f4/compet...ment-bank-685/

http://www.pmbug.com/forum/f13/tin-f...ive-vortex-75/
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Old 05-06-2014, 02:13 PM   #9
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Look at the US dollar today. Lowest since october 2011 on the UUP etf.
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