War in Ukraine

How long will this hold true once Western influences get a hold of things? Especially if Biden Family maintains influence.

Why Is The Left Ignoring Ukrainian Gun Rights? | ZeroHedge

There has been a media frenzy over Ukraine. Strangely enough, missing from the coverage of the war in Ukraine is that Ukraine recognized the importance of an armed population.

Ukraine has recognized this importance, so much so that they recently just issued 10,000 automatic rifles to the civilian population. All anyone needs to do is receive one is show their ID.
Ukraine is calling on its citizens to join the fight against Russia, and its military says all they need is ID

So when it is convenient, these guys are all for arming the citizens and use of IDs.

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The problem with gun control in America is they are in the hands of lunatics that aim them at other Americans because they feel they have lost reality, and the hands of people who have NO idea wtf they are doing with a gun. They will leave them laying around in the couch cushions. If an invading force was committing war crimes against us, we would bare arms really damn quick.
 
Wonder if @Rasputin_Vol will be posting that "Got any more of them sanctions" meme again?

Not so funny anymore.
Meanwhile, have you paid attention to these "sanctions"? They still have Nordstream 1 and other pipelines running. There is a curious situation going on that appears to be that Europeans still haven't gone as far as they would like us to believe.
 
Russian Ruble down about 20% today.

Additionally, the Moscow Exchange (IMOEX.ME) delayed its opening time by three hours, with forex and money market trading commencing from 10am local time on Monday. The bourse is also suspending trading on the forex repo market.

The financial beat down continues.
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Hello hyperinflation.

Russia’s central bank on Monday more than doubled the country’s key interest rate from 9.5% to 20% as its currency, the ruble, hit a record low against the dollar on the back of a slew of new sanctions and penalties imposed on Russia by Europe and the U.S. for its invasion of Ukraine.

Also

In a statement Monday, the Russian finance ministry and the central bank announced plans to order domestic exporters to sell their foreign exchange revenues starting on Feb. 28. The move will order exporters to sell 80% of all their forex revenues received under export contracts.

Over the weekend, the U.S., European allies and Canada agreed to cut off key Russian banks from the interbank messaging system, SWIFT, which connects more than 11,000 banks and financial institutions in over 200 countries and territories. The EU also announced Sunday it was shutting its airspace to Russian aircraft.

The volatility in Russian markets “does show that the freezing of the Russian central banks assets, which was decided over the weekend by the EU as well as the other western countries led by the U.S. — it shows what a significant move that is,” David Marsh, chairman of economic policy think tank OMFIF, told CNBC’s “Squawk Box Europe” on Monday.

“That is actually much more significant than the SWIFT action, which was breaking a taboo by Germany when it joined in on that over the weekend,” he said, referring to sanctions that cut several Russian banks out of the global SWIFT payments system.

“It does mean that there is going to be this enormous scramble for dollars in Russia — we’ve seen the queues outside the banks and so on.”

# # #

I believe the net/net here is that IF Russia is largely unable to use its significant central bank reserves that it had built up in preparation of the Ukrainian invasion, and IF it can't figure out a workaround (I've heard crypto is a possibility), then it likely would be forced to simply print new Rubles to pay its bills.

This situation could lead to hyperinflation and a collapse of the Ruble.

If this happens, I suspect the Oligarchs are off the Putin train.

Again, lots of IFs here. This is all new territory here to try to strangle the central bank of a large economy like Russia.

Russian ATM line yesterday...

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Putin may not last a week longer. People in his regime may force him to step down or kill him. I am not sure if Russia would go Democratic though as another warlord/oligarchy in Putin's inner circle may take over.
You can bet whenever Putin is out that's exactly what will happen, while telling the people their a kinder , gentler version.
 
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