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originally posted by: the owlbear
a reply to: eisegesis
What about the farm equipment made in Germany and the EU?
And the other agricultural products...I.e. food, grain, fertilizer, etc?
Russians might have to wait in line for beets and potatoes again, but Putin wins this hand.
originally posted by: the owlbear
a reply to: eisegesis
It would benefit the US consumer as prices will have to fall for food since Russian demand is removed and more sits within domestic boundaries. Or most likely, it would sit and rot rather than cut profits...
And that's just US imports...what about EU countries?
Russians are a hearty lot and have starved for less.
U.S. Census Bureau foreign trade data show that exports rose 17 percent from March through May _ the most recent months for which the data is available _ compared with the previous three months, before sanctions were imposed. The value of exports has risen in each consecutive month this year, an unusual trend in a trade relationship that historically fluctuates on a monthly basis.
Robert Kahn, a senior fellow in international economics at the Council on Foreign Relations, said the rise in exports was evidence that Russian companies were stockpiling goods with the expectation that future sanctions would prevent U.S. companies from selling to their country.
Other trade specialists said the figures didn’t necessarily show a consistent trend. With the Russian market for U.S. products relatively small _ just $5.1 billion total in the first five months of the year _ a slight increase in sales of a few big-ticket items, such as cars and airplanes, can drive trade-figure percentage increases higher.
Boeing delivered eight jets to Russian airlines this year through June. The total price of civilian aircraft and parts sent to Russia this year through May was $1.39 billion. The types of planes purchased by Russian airlines, from the 737 and 777 families, cost $76 million to $320 million each last year, according to Boeing.
Exports of cars and trucks, which totaled more than $1.2 billion last year, were up 95 percent in March, April and May compared with the previous three months. While in recent years automotive sales have risen in the spring, the increase is usually smaller. This year’s growth during the March through May period was 90 percent higher than last year’s.
General machinery accounted for another $1 billion in exports in the first five months of the year, with sales fluctuating on a monthly basis. Sales of mining and oil and gas field machinery made up the largest portion, amounting to $227 million.
originally posted by: DJW001
a reply to: Hellas
Putin has said that it is their ability to make sacrifices that makes the Russian people great. They won't mind a 40% decrease in their food supply, so long as they can grow enough potatoes to make all the vodka they need.
In all boils down to him being accused of things he never did and punishing the ones in charge of this defamation. We'll see who loses and who wins..
originally posted by: DJW001
a reply to: Hellas
In all boils down to him being accused of things he never did and punishing the ones in charge of this defamation. We'll see who loses and who wins..
Putin invaded Crimea, which was then part of the Ukraine. That was an act of war. This is not defamation, it is simply truth. If he continues to attack Ukraine, it will not be punishment, it will be imperialist aggression. But to bring this back on topic, it will be good for the Russian people to go hungry; it will help them understand the price of Putin's aggression.
That's BS and you know it! They voted for it and that is it.
originally posted by: DJW001
a reply to: Hellas
That's BS and you know it! They voted for it and that is it.
They voted for it after they had been occupied, and you know it. Why are you trying to derail your own thread? Does it really make sense to decrease your sources of food as you head into a protracted war with your neighbors?
Putin ordered his government to come up with a list of goods to be banned for imports into Russia and to last one year, the Kremlin said. The order says the limits are being imposed "with the goal of guaranteeing the security of the Russian Federation" and calls for undertaking measures to guard against quick price hikes. The decision on U.S. and EU food import bans would be "quite substantial", the veterinary service said.
originally posted by: DJW001
a reply to: Hellas
Stop hitting the booze dude, I just answered you.
Now BACK ON TOPIC!
Maybe I'm just thick, but why would Putin decrease his people's access to food heading into a war? I don't see you explain it, you just pretend its not an issue.
originally posted by: DJW001
a reply to: Hellas
Stop hitting the booze dude, I just answered you.
Now BACK ON TOPIC!
Maybe I'm just thick, but why would Putin decrease his people's access to food heading into a war? I don't see you explain it, you just pretend its not an issue.