Would you take an economic hit to help Ukraine?

Would you take an economic hit to help Ukraine?

  • Yes

    Votes: 8 25.0%
  • No

    Votes: 21 65.6%
  • Cheese on toast

    Votes: 3 9.4%

  • Total voters
    32
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Bruce Wayne

Player Valuation: £100m
With Russia predictably annexing Crimea there has been much discussion over what Britain can/should do in response. One option is to freeze Russian assets in Britain. It's hard to know how much Russian money is invested in Britain, but it's quite probably a lot.

Would you take an economic hit to help Ukraine? At what price is democratic values?
 

There are no democratic values, just a dog eat dog world. Hopefully we'll do what's best for Britain.

We've been fighting wars for the last decade on the premise of people being free to make choices about their future in Iraq and Afghanistan.

The people of Crimea have spoken loud and clear that they want to be Russian. We should respect that.

It might even help mend our catastrophic relations with Russia
 
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I think we should stop poking our noses into just about every conflict that seems to crop up in the world and worry about sorting out our own country.
 
I suspect we will all be taking an "economic hit" if relationships between Russia and EU continue to deteriorate.

Just by way of an immediate example, raw timber prices have increased in eastern Europe since the troubles started - Ukraine exports a large amount of timber into the EU. With no guarantee of future supplies, other suppliers have increased their prices.

However the biggest problem will be security of gas supply, especially later in the year as winter approaches. Gas prices in Europe are increasing at a time when energy prices in the US are falling - our competitiveness takes a further knock...
 

They may freeze a few Russian billionaire bank accounts but that will be as far as they go.

Truth is Russia has Britain and Western Europe over a barrel because of the amount of gas and oil they produce for us, lose this key supply line and prices will sky rocket. We simply cant afford the risk of this being cut off given the fragile state of our economies
 
Why should Britain do anything? The people of Crimea have voted to re-join Russia, so who are we seeking to assist?

Do you think the referendum was a fair one? Sounds like anyone that might have voted against the move boycotted it. I thought the whole issue was that no one apart from Russia regards the referendum as at all legitimate.
 
Do you think the referendum was a fair one? Sounds like anyone that might have voted against the move boycotted it. I thought the whole issue was that no one apart from Russia regards the referendum as at all legitimate.

Whether the referendum was legally or morally correct is a separate issue, but those who chose to vote voted overwhelmingly to re-join Russia, which is patently the groundswell of opinion anyway, which was apparent before the poll.

So who are we seeking to assist and why? We can pontificate about the rights and wrongs of Russia's actions, but I don't know why we should be seeking to create a new cold war here.
 
We should absolutely stay out of it. Situations like always have deep-running causes and there are always two sides to every conflict. It's never black and white as the press paint it.

But aside from that, we don't want to be (more) like the US - fingers in every foreign pie, sticking our noses in where it has no business. Defend our own borders, stay out of the business of policing the world.
 

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Crimea has a large % of ethnic Russians living in it. The area itself has always been traditionally pro Russian - a look into the history of the region it is not hard to see why

The way Russia has gone about things is wrong, Putin has been ruthless and over aggressive however I am almost certain the majority of people there want to break away from Ukraine. The result of a proper democratic referendum may not be as lopsided as 95% + in favour but you would easily get over 50% of the backing.
 
It seems like the US, UK and the EU are very selective when they bang on about 'democracy' and the right to vote'. The government ruling in Kiev now was not elected, but was immediately recognised by the West. It didn't matter that at the heart of those wanting to get rid of the democratically elected president, were a bunch of ultra nationalists and fascists. When all the old symbols, and the flag of the Nazi collaborating Ukrainian Insurgence Army appeared, and are still prominent today, this set alarm bells ringing amongst the Russian population. I think a similar alarm would be set off if the Swastika appeared on the German flag.

Whether the politicians in Westminster like it or not the people of the Crimea have voted to join Russia. British politicians can't have it both ways when they go on about self determination for nations and the sanctity of voting to determine Gibralta's and the Falklands future. Westminster keeps claiming that it is right for the Falkland Islanders and Gibraltarians to determine their future, by a vote, then the same should be fine for those in the Crimea to vote on their future and with which country they want to align with. There is the smell of hypocrisy wafting out of Westminster that implies there is one rule for some and other for others. There again it didn't stop those in Westminster from showing their hypocrisy when the democratically elected Morsi was disposed in Egypt and the army returned.

The one thing that Westminster will not do and that is tamper with the City of London's money making racket, in particular Russian finance. And they certainly won't stop Russians buying property in London, a major reason fueling London property prices. The US are calling for economic sanctions because it does not affect them, it is their way of damaging the City of London. Those at Westminster knows there are high stakes for taking economic actions against Russia and they are not about to bite off their noses to spite their faces.
 

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