But the European Central Bank said on Monday morning that Sberbank Europe, a fully-owned subsidiary of Sberbank Russia, which in turn is majority owned by the Russian state, is failing or likely to fail along with its Croatian and Slovenian units.
“There are no available measures with a realistic chance of restoring this position at group level and in each of its subsidiaries within the banking union.”
>my enemy said i am bracing for a future event >my enemyies retards said the event has happened why are you such a stupid sheep
Jack Parker
The have 640 billion dollars in cash of straight foreign reserves and 240 billion dollars worth of gold and control of their foreign bank and a deal with China to do trade in Yuan and a deal to do trade with India in Rupees. They are also going to seize a shitload of Russian assets once the west seizes Russian assets overseas.
James Campbell
*European.
Cameron Nelson
russians have diamond hands
Eli Hernandez
God I love watching you white scum die like this Digits
Dominic Allen
This isn't good. Globohomo only has China left if it gets fucked
Dominic Anderson
the funny thing is if they do start trading with the middle east, india, and china off swift the dollar implodes hard. I'm also still not sure how the west will get oil, gas, fertilizer and wheat now. Sounds like we're the onese in trouble
Matthew Hill
user the Chinese and Russians won't sanction them I'm sorry if you think that China literally is dealing with Iran and fucking India literally said they cant sanction a friend and literally use their wepaon systems
Jaxson Mitchell
Watched an interview with Putin and The Financial Times recently where they asked him why he was hoarding that much money. He knows who run the international banking system so best to put some under the pillow for a rainy day.
Ian Murphy
The central bank can push a button to create rubles to shore up any bank. You're retarded
>The have 640 billion dollars in cash of straight foreign reserves and 240 billion dollars worth of gold That's like 2 months of war
Samuel Adams
At least they can now join the rest of world
Tyler King
Apparently large amounts of these are actually in foreign countries and they have placed sanctions on the central bank. Regardless these are parts of the bank outside of Russia
Joshua Cook
That's nothing. You also forgot that the CB had it's foreign assets frozen. Soon there will be sanctions like those against Iran and all connections are cut. >But China will trade! Yes. Small amounts through illegal backchannels at a steep price for the Russians.
Its over.
Noah Foster
>middle east, india, and china
all of whom also trade with the WEST, the dollar won't implode ever... the federal reserve could print 3.6 trillion dollars with the sole purpose of throwing it out of cargo planes above Kosovo and the dollar would not collapse... but we are headed either towards ww3 or a new cold war
