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Putting The "Costs" Of US Sanctions On Russia In Context

Tyler Durden's picture




 

Despite Treasury Secretary Jack Lew's insistence that "costs" have been imposed on Russia:

  • *LEW SAYS SANCTIONS IMPACT SHOWN IN RUSSIAN STOCKS, FX RATE

It appears from the chart below that - once again - for the elites "when it gets serious, you have to lie."

 

(of course, those wishing to split hairs might say that Russian stocks collapsed before this... but that is not what Lew said - he said Sanctions impact was evident in stocks... and that is not true - the weakness before was EM crisis and war concerns)

 

and if it's not stocks then...

  • *LEW SAYS SANCTIONS CAUSING 'REAL PRESSURE' ON RUSSIA ECONOMY 

We are sure that US will hockey-stick but Russia won't?

 

"costs" indeed...

 

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Fri, 04/11/2014 - 18:40 | 4649362 booboo
booboo's picture

"Look, the smartest negro in the world just jumped out of the plane with the kiddy napsack"

Fri, 04/11/2014 - 18:52 | 4649398 john39
john39's picture

someone better let the emperor know that he is naked before something awful happens...

Fri, 04/11/2014 - 19:57 | 4649534 Hmmmmm
Hmmmmm's picture

I up-voted you for the funniest joke ever reference. I first heard it 47 years ago. The hippie says to the nun " It's OK mam, the world's smartest nigger just Jumped out of the plane with my backpack.

Sat, 04/12/2014 - 05:38 | 4650520 Miles Ahead
Miles Ahead's picture

Hmmmmm, I down voted you because I don't get it.  I read it sober then knocked back a few and came back to read it again.  Anyway, seems pretty raciss to me, haven't learned after 67 years have you.  Well anyway, I decided to flag you as well and we'll let PBTB decide.  Next time rally more of your mates and work harder to get John McCain and/or Mitch Romney in office.  There's the answer.

Sat, 04/12/2014 - 07:32 | 4650586 Keyser
Keyser's picture

Sorry Miles, had to down vote you because you don't get the joke, plus being a dickhead. See how that works?

 

Sat, 04/12/2014 - 08:44 | 4650667 S5936
S5936's picture

You're in WAY over you're head Miles.
Now go take a pill and disappear .

Sat, 04/12/2014 - 12:03 | 4651080 H. Perowne
H. Perowne's picture

You're out of your element, Donny.

Sat, 04/12/2014 - 14:10 | 4651460 headhunt
headhunt's picture

Miles - you obviously had too much to drink, sober up and try again... or is that fog of stupidity always there?

Fri, 04/11/2014 - 18:42 | 4649363 drink or die
drink or die's picture

Yeah, but according to the "news" you can be gay in the US and not in Russia or something.  Better to be gay and broke than straight and rich?

Fri, 04/11/2014 - 19:06 | 4649425 Winston Churchill
Winston Churchill's picture

Stop with despoiling the co opted word gay.Its queer, fag, faggot ,whatever.

I am not biased, one of my sons is a queer.

This PC bullshit is Orwells newspeak.Call a spade a spade FFS.

Fri, 04/11/2014 - 20:12 | 4649581 drink or die
drink or die's picture

Apparently sarcasm is too much to grasp for many.

Fri, 04/11/2014 - 20:24 | 4649607 Winston Churchill
Winston Churchill's picture

Even sarcasm requires using the correct words, else you are just  a foolish dupe for  your

owners.Wittingly ,or unwittingly using their words dilutes any value in your post.It make

you the fool,not them.

Fri, 04/11/2014 - 22:33 | 4649951 drink or die
drink or die's picture

You must be a lot of fun at parties.  

 

I will call things whatever I wish.  People that correct others on what the "correct" terminology is, whether it be PC or not, are annoying cunts. 

Sat, 04/12/2014 - 05:47 | 4650522 Miles Ahead
Miles Ahead's picture

"You must be a lot of fun at parties"  -  good comeback.

But it would be nice if gays would stop co-opting "gay".   Getting so a serious jazz singer cannot even sing Lush Life anymore without the band snickering behind his back (opening line: "I used to visit all the very gay places, those come what may places").

And it's really a shame, as that song is a masterpiece by America's most gifted songwriter.

Sat, 04/12/2014 - 06:25 | 4650545 jeff montanye
jeff montanye's picture

language is a virus and viruses mutate.

Sat, 04/12/2014 - 11:24 | 4650929 Winston Churchill
Winston Churchill's picture

Maybe you are on the wrong site.

This is Fight Club , not a cocktail party.

We come here to get away from conventions/conventional thinking.

Fri, 04/11/2014 - 18:43 | 4649368 SheepDog-One
SheepDog-One's picture

Lulz....well obviously your monitor needs to be flipped upside down, then Fed ass hats assertions can be seen as correct.

Fri, 04/11/2014 - 18:42 | 4649371 caShOnlY
caShOnlY's picture

ZH has to get a picture of Baghdad Bob for the front page when posting these kind of articles.

Fri, 04/11/2014 - 18:42 | 4649372 McMolotov
McMolotov's picture

Maybe if we attack Russia with more smirking banana selfies we can regain the upper hand.

Fri, 04/11/2014 - 18:49 | 4649388 the phantom
the phantom's picture

Cue the McCain and his tyrannosaurus arms.  Russia just needs a few more fist shakes from that troll.

Fri, 04/11/2014 - 18:50 | 4649392 NOTaREALmerican
NOTaREALmerican's picture

Did you just accidentally (uh) expose our secret Anthony Weiner cyber weapon?!  

Fri, 04/11/2014 - 18:55 | 4649406 McMolotov
McMolotov's picture

Damn you, I had purged that fucker from my memory, and now he's back.

Fri, 04/11/2014 - 18:48 | 4649382 Son of Captain Nemo
Son of Captain Nemo's picture

And why Jack "Jew's" statement will ring hollow when the finish line amounts to Russia having a stable currency backed by GLD, SLV and oil and the U.S. still carries the mantra that the USD is backed by the full faith and credit of the United States Government as we attempt to start a war in their neighborhood!

I'll place my money and future on Russia.

Fri, 04/11/2014 - 19:09 | 4649432 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

USD is backed by the full faith and credit of the United States Government

At this point I'd have more confidence in a currency backed by shoelaces, wax paper, and the incredibly gauche seashell-and-dyed-coral ashtrays sold in Florida tourist trap gift shops.

Fri, 04/11/2014 - 19:16 | 4649440 Son of Captain Nemo
Son of Captain Nemo's picture

"At this point I'd have more confidence in a currency backed by shoelaces, wax paper, and the incredibly gauche seashell-and-dyed-coral ashtrays sold in Florida tourist trap gift shops."...

TFS

I would even give the Treasury and Federal Reserve credit for at least trying if they would even go that far.

Fri, 04/11/2014 - 23:05 | 4650083 naughtius maximus
naughtius maximus's picture

I'm not saying this is what I want but I am saying if you are american you will lose everything if there is an offical hot war. Either that or pack your bags and become naturalized. good luck.

Fri, 04/11/2014 - 18:49 | 4649389 Kaiser Sousa
Kaiser Sousa's picture

FUCK OFF "LACK JEW....."

DEATH TO THE MONEYCHANGERS......

Sat, 04/12/2014 - 12:45 | 4651219 franciscopendergrass
franciscopendergrass's picture

Lol at lack jew.  Funniest thing I heard all week.

Fri, 04/11/2014 - 18:51 | 4649393 buzzsaw99
buzzsaw99's picture

let the wookie win

Fri, 04/11/2014 - 19:22 | 4649454 Charles The Ham...
Charles The Hammer Martel's picture

Combined population within NATO 900 million

Combined Population of RussiaIndiaChina Economic borg system 2.642 billion

RussiaIndiaChina= The Wookie

 

Come to think of it, based on these numbers how in the blazes to we have even an ounce of leverage?

Fri, 04/11/2014 - 18:53 | 4649404 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

LOL... priceless

Fri, 04/11/2014 - 19:00 | 4649420 LooseLee
LooseLee's picture

I doubt Putin is putting his stawk portfolio at the top of his 'things to do list'. Only people who depend on 'financialization' do such things. Sadly, for those whose life/career depend on it, 'financialzation' has had its satanic run on humanity and is in the process of 'contraction'. May all who live by this FRAUD die by this FRAUD...

Fri, 04/11/2014 - 19:15 | 4649439 NOTaREALmerican
NOTaREALmerican's picture

Re:  May all who live by this FRAUD die by this FRAUD...

Unfortunately,  if there is market crash, the Elysium Class (the top 1%, 3 MILLION people) will be happily living on their already purchased Villas in Tuscany and wineries in New Zealand and their kids will still inherit the earth.    Those who will get wiped out will be the Elysium Support Class (the top 20 - 1% range) which has their IRA's and 401/3's fully invested.    The bottom 80% wouldn't be affected at all, as they are the Trash Class - which was written off decades ago. 

Fri, 04/11/2014 - 23:05 | 4650086 naughtius maximus
naughtius maximus's picture

Live by the fraud, have others to die for your fraud. Hey its worked for at least 13 years.

Fri, 04/11/2014 - 19:04 | 4649424 Doubleguns
Doubleguns's picture

Mutual assured destruction in full effect. The Chinese are cheering even though they do not have a dog in this fight.

Fri, 04/11/2014 - 19:37 | 4649487 socalbeach
socalbeach's picture

This so-called crisis could end being a lose-lose situation for both the U.S. and Russia.  Russia will have even gained so long as things don't escalate. Whoever is in charge of US foreign policy obviously doesn't have the overall interests of the US in mind.

Fri, 04/11/2014 - 23:07 | 4650089 naughtius maximus
naughtius maximus's picture

when someone is insane they don't do good for anyone. I know from my own experiance. 

I got better

Sat, 04/12/2014 - 06:34 | 4650550 jeff montanye
jeff montanye's picture

those in charge of u.s. foreign policy have not had the overall interests of the u.s. in mind since the john kennedy assassination at the absolute latest and (glance at the shades of harry truman and john foster dulles) probably well before.

Fri, 04/11/2014 - 23:55 | 4650180 PADRAEG
PADRAEG's picture

n/a

Sat, 04/12/2014 - 00:02 | 4650193 nah
nah's picture

so all Russia makes is oil and wepons

.

maybe they will starve

Sat, 04/12/2014 - 00:25 | 4650229 dunce
dunce's picture

This administration must not know what "serious" is because they lie all the time.

Sat, 04/12/2014 - 02:11 | 4650373 Bunga Bunga
Bunga Bunga's picture

Falling stock prices make Russian companies owned by oligarchs go bankrupt. Putin can nationalize them for pennies on the dollar. Putin says thank you!

Sat, 04/12/2014 - 06:39 | 4650555 jeff montanye
jeff montanye's picture

true, but as the chart in the post shows, russian stocks are not falling, unlike those in the u.s..

Sat, 04/12/2014 - 07:04 | 4650575 TPTB_r_TBTF
TPTB_r_TBTF's picture

How about we rework that statement a little:

Falling stock prices make companies owned by retirement funds go bankrupt.  Obama and other Fascists can nationalize them for pennies on the dollar.  The MyIRA says thank you!

 

Sat, 04/12/2014 - 07:42 | 4650600 Land Snark
Land Snark's picture

The "flexability" of bathhouse Barry will be no match for Putin. He's got the gas and the mojo. It's the KGB vs. the Chume Gang.

Mon, 04/14/2014 - 01:45 | 4655953 Ursa Major
Ursa Major's picture

Thanks to the stupidity of the West, Inc. and their inability to understand the even the basics of geopolitics, or to control the political factions making their "policy" Russia is being moved into a real stategic alignment with the one country who can seriously threaten their empire - China!

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