Thread: Economic sanctions

Well Switzerland has probably still got money belonging to the Khmer Rouge, Hun Sen, the Nazis, half the Middle East, etc. so protecting ill-gotten gains is not something unusual for them.

Originally Posted by OhOh

"Those were the days"

So you are finally acknowledging that Russia is fucked.

Originally Posted by bsnub

So you are finally acknowledging that Russia is fucked.

That will never happen Tovarish!

Our resident Comical Ali

Kyiv economy will contract by 35% in 2022, compared with a 4.5% fall in Russian GDP

Ukraine’s economy will shrink at a rate eight times that of Russia this year as a result of the war triggered by Moscow’s invasion in February, the World Bank has estimated.

In its latest report on Europe and central Asia, the Washington-based institution said the Ukrainian economy would contract by 35% in 2022, compared with a 4.5% fall in Russian GDP.

Earlier estimates had suggested the Kremlin faced a bigger economic hit this year, but the World Bank said the impact of sanctions had so far been less severe than forecast.

Kyiv has been making military advances in recent weeks, and since April the Ukrainian economy has shown signs of growth. Yet the Bank said recovery would be slow and the cost of repairing the damage inflicted by the war would be enormous. It put the cost at a minimum of $349bn (£303bn) – more than one-and-a-half times the country’s prewar gross domestic product.

Ukraine was already Europe’s poorest country even before the war began in February this year, but more than seven months of conflict meant a third of its population of 44 million had been displaced and 60% were living below the national poverty line.

FULL- Ukrainian economy will shrink at rate eight times that of Russia, World Bank forecasts | World Bank | The Guardian

Yet another Ukrainian victory.

Originally Posted by sabang

Kyiv economy will contract by 35% in 2022, compared with a 4.5% fall in Russian GDP

Well just fancy that when their nasty neighbour is in the middle of invading them.

You really are gormless.

The Ukrainians should be proud of themselves. They have surpassed the Israelis as the worlds greatest beggars.

^^ Aren't their nice neighbours in the middle of propping them up?

Originally Posted by sabang

The Ukrainians should be proud of themselves. They have surpassed the Israelis as the worlds greatest beggars.

Hmm

Israelis do not beg

They are more of the "demander" type

Figures- Clownboy is very demanding, and is djooish too. Runs in the family.

Originally Posted by sabang

Aren't their nice neighbours in the middle of propping them up?

It'll cost the europeans enormous sums.

You can't fill bottomless holes of corruption

Originally Posted by sabang

The Ukrainians should be proud of themselves. They have surpassed the Israelis as the worlds greatest beggars.

Not even close to what the US gave to Russia to fight real Nazi's.

Even before the United States entered World War II in December 1941, America sent arms and equipment to the Soviet Union to help it defeat the Nazi invasion. Totaling $11.3 billion, or $180 billion in today’s currency, the Lend-Lease Act of the United States supplied needed goods to the Soviet Union from 1941 to 1945 in support of what Stalin described to Roosevelt as the “enormous and difficult fight against the common enemy — bloodthirsty Hitlerism.”

World War II Allies: U.S. Lend-Lease to the Soviet Union, 1941-1945 - U.S. Embassy & Consulates in Russia

Originally Posted by sabang

Figures- Clownboy is very demanding, and is djooish too. Runs in the family.

Make up your mind, does he need de-Jewification or de-Nazification? You really are a bit scrambled these days when you are more loyal to Putin than his own propagandists.

Originally Posted by pickel

$180 billion in today’s currency

That's petty cash compared to what this will cost Europe.

Originally Posted by helge

That's petty cash compared to what this will cost Europe.

What did it cost Europe the last time a tyrannical dictator started a war? Much cheaper to nip it in the bud now, no? Or we could go on appeasing.

Originally Posted by pickel

What did it cost Europe the last time a tyrannical dictator started a war?

I have no idea.

Just commenting on your 180 billion number.

Originally Posted by helge

I have no idea.

I'll give you a hint then. It cost a lot more. Because of appeasement.

You can bet they'll have their begging bowl out for the reconstruction bill too. Those corrupt oligarchs gonna be like pigs rolling in shit.

Originally Posted by sabang

You can bet they'll have their begging bowl out for the reconstruction bill too. Those corrupt oligarchs gonna be like pigs rolling in shit.

I think you know which country has the most corrupt oligarchs. But it's okay, Russia will pay the bill.

Originally Posted by pickel

I'll give you a hint then. It cost a lot more.

Well thanks, Pickel

That the bill for WW2 was "costly", would be my guess also

Harder to put a price on death,suffering and sorrow.

Originally Posted by pickel

I think you know which country has the most corrupt oligarchs.

I think we were talking about the rebuilding of Ukraine, and I certainly do not hope we are going to reimburse Russia for their expences, so you bringing up corrupt russian oligarchs, are somewhat irrelevant in this instance.

Originally Posted by OhOh

Not given lent, (Lend lease)

Which is also now the case with Ukraine.

Originally Posted by pickel

Which is also now the case with Ukraine.

:snigger:

And would that be fair ?

Ukraine is fighting as much a war for the US as the Soviet Union fought for the ...US

In fairness, Russia is being rather generous in giving military equipment and supplies to Ukraine.

Originally Posted by harrybarracuda

giving military equipment

I suspect the 16% being hit by the Russian and allies military equipment exploding, would not name it as such.