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Back To The Future? Kremlin Proposes Taking Profits Of Private Companies To Survive Sanctions
Tsarizm.com ^ | 8/10/18 | L Todd Wood

Posted on 08/10/2018 9:50:50 AM PDT by Pavegecko

Russia is considering confiscating the profits of large private, natural resource companies in a bid to escape the pain from possible new sanctions coming out of Washington, inflicted on the Kremlin in response to the Skripal poisonings in the United Kingdom.

Putin’s economic advisor suggested siphoning the profits of those natural resource companies not yet hit with sanctions. The Russian president responded, “Agreed,” according to the Russian news outlet, The Bell.

(Excerpt) Read more at tsarizm.com ...


TOPICS: Business/Economy
KEYWORDS: blogtrash; russia; russiasucks; sanctions; socialism

1 posted on 08/10/2018 9:50:50 AM PDT by Pavegecko
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Comment #2 Removed by Moderator

To: Pavegecko

This looks like retroactive taxation to me.

That won’t be good for productivity.


3 posted on 08/10/2018 9:58:04 AM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: Pavegecko

Red to his core, once a communist, always a communist.

No wonder the Democrats are so critical of Putin, he’s stealing their playbook.


4 posted on 08/10/2018 10:22:33 AM PDT by RedMonqey ("Those who turn their arms in for plowshares will be doing the plowing for those who didn'tÂ’t.")
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To: rrrod
Putin pecker puffers need to find new heros to worship.

If you are OK with "Russian election meddling" as the excuse to cut Russia out of the US dollar system entirely, then go for it.

The problem with American economic sanctions is that they have a fading timeline of effectiveness. They will have to be permanent, and go to the extent (which we may be at now) where Russia is cut off from the US dollar system completely. I guarantee you, Russia will not collapse from this, and thus, we will have created a model for countries to de-dollarize completely.

5 posted on 08/10/2018 10:23:54 AM PDT by PGR88
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To: PGR88

I never mentioned meddling. Don’t have to. Putin and his thugs need to isolated or destroyed.


6 posted on 08/10/2018 10:30:36 AM PDT by rrrod (just an old guy with a gun in his pocket)
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To: Pavegecko

The same plan the socialist dims have for the USA if they get power again


7 posted on 08/10/2018 10:37:13 AM PDT by Figment
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To: Pavegecko

IOW theft, pure and simple.


8 posted on 08/10/2018 10:48:20 AM PDT by onedoug
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To: rrrod
We have been isolating and attempting destruction of the USSR and now new Russia since 1945.

Time for change is fleeing by. Sad, that people can hate that long.

9 posted on 08/10/2018 11:00:29 AM PDT by duckln
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To: PGR88

American sanctions on more and more nations is resulting in them dedollarizing, which is bad for us. This card has been overplayed and will lose effectiveness.


10 posted on 08/10/2018 11:40:45 AM PDT by Trumpisourlastchance
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To: Pavegecko

Back to communism.


11 posted on 08/10/2018 12:40:04 PM PDT by I want the USA back (If free speech is taken away, dumb and silent we are led, like sheep to the slaughter: G Washington)
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To: Figment

But Socialism works in Europe.


12 posted on 08/10/2018 1:01:21 PM PDT by nuke_road_warrior (Making the world safe for nuclear power for over 20 years)
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