The SC
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You think EU has the choice? You are deluding yourself. If they have a choice , the question wouldn't even ask plus they have a big partner called China.The current “strenght” of the ruble is a facade. Its Russia manipulating the market and manufacturing demands for a currency nobody wants. Putin is taking an enormous risk using its biggest revenue, which is gas, as a bargaining chip to uphold this bridge for the ruble. If he insist that gas is payed in ruble, it will lead to renegotiation of contracts, and that will definitely lead to drastic reductions of the amount of gas being exported to the west - and possibly a total collaps of the the ruble and the russian economy.
The fact is that ruSSia has a $66bn military budget and spends 4% of its GDP in this, moreover, 20% of this budget is embezzled => it's about the same budget as France except France spends less than 2% of its GDP...US cannot finance Ukraine forever especially at $200 million a day. Ukraine depends totally on NATO and US to provide weapons and humanitarian support for its entire population during the war. The cost are only going to escalate if you add in rebuilding costs + inflation. US has enough issues on its own, and Biden miscalculated that Sanctions and fierce resistance will break Russia financially. Much of those assumptions has not materialized. Russia is focusing efforts in the east only, so logistic issues will be more of a challenge for the Ukrainian army. Ukraine army was never configure for an offensive war, so Zelensky's fantasy to recapture the East will never materialize unless Putin is sacked/Russia collapsed. Indication are very abysmal so far for Ukraine. Zelensky also has to consider long term effects of War in Ukraine, which also has deep demographic issues due to losing 6 million refugees, and Donbass, Luhansk and Mariupol area is around 2 million. So ukraine lost 8 million people leaving the country and most never returning. If the war drags on, more and more people will be leaving. With only 25 million people, and such a large geographical size, and shattered infrastructure, Ukraine will be hemorrhaging for a very long time.
There's alot of hope and hubris in your statements. If Russia was so weak, why doesn't NATO declare no fly zone or send in military forces, and or attck Russia directly? Russia has Nukes. North Korea and Iran has survived years after Sanctions, Why wouldn't Russia survive? Russia has complete industrial manufacturing defense supply chain, tanks will be rolling off the assembly line as we speak. The hard part is training, logistics, and tactical integration. Ukraine has no offensive capabilities because NATO would not send offensive weapons (WWIII if offensive attack on Russia). Realistically, Ukrainian Army are not designed for offensive intrusions. As for the 1.2 trillion defense budget, 70% is to pay salaries, and the rest is just inflated fiat currency #s. US capabilities are overwhelming and global, but against nuclear power like Russia, its useless. Poor Ukrainians are the cannon fodder, stop spreading lies to justify senseless sacrifice of Ukrainian civilian + military personnel lives as well as Russian soldiers in this senseless proxy war that's cratering the entire global financial markets right now. Eurozone inflation is already at 8% in germany, like 16% in Lithuania and that's using funny math. US inflation also hitting 8.6%, US deficit is 30 trillion and every dollar spend in Ukraine will have to borrow from somewhere, most likely from China and Japan. Eurozone deficit isn't any better, so as banks globally are raising interest rates. Tax payers from G7 eventually have to pay for the war in Ukraine + interest to China...Let that sink in a bit, rather than spending money to better your own country, you rather pay china and Ukrainians. Lets see how well this plays out. Talk is cheap, I am sure we will see the answers by beginning of next year, so good luck with that.The fact is that ruSSia has a $66bn military budget and spends 4% of its GDP in this, moreover, 20% of this budget is embezzled => it's about the same budget as France except France spends less than 2% of its GDP...
In fact, NATO's cumulated military budget is about 1.2 trillions of US dollars, it's about 2 thirds of ruSSia's GDP and the GDP of NATO/EU countries weights twice the Chinese one for a population around 1 billion...
You don't seem to get how things are going : once the necessary weapons transferred, all that is needed are ammos...
ruSSia has already lost close to half of its modern tanks in less than 3 months and the economy is barely on par with S-Korea...
Make no mistake, the sanctions are hurting and badly, there are many measures that are not short term ones. A central bank can keep a money value by raising interest rates but it's unsustainable on the long run, look at Turkey : they rose the interest rates to 20% to prevent the Lira from falling, but the fact is the economy felt from, if I remember well, $1.2-1.3 trillions to $700bn.
BTW, Medvedev, or was it Lavrov, spoke about economical war... That was wrong! It's a SPECIAL TRADE OPERATION...
War costs money. The war costs Russia $25 billion per month. Putin wants to exterminate Ukraine, he wants to restore the border of USSR. He threatens to nuke EU, US, anyone that stands on his way. $200 million bill per day for the US tax payers is manageable.US cannot finance Ukraine forever especially at $200 million a day. Ukraine depends totally on NATO and US to provide weapons and humanitarian support for its entire population during the war. The cost are only going to escalate if you add in rebuilding costs + inflation. US has enough issues on its own, and Biden miscalculated that Sanctions and fierce resistance will break Russia financially. Much of those assumptions has not materialized. Russia is focusing efforts in the east only, so logistic issues will be more of a challenge for the Ukrainian army. Ukraine army was never configure for an offensive war, so Zelensky's fantasy to recapture the East will never materialize unless Putin is sacked/Russia collapsed. Indication are very abysmal so far for Ukraine. Zelensky also has to consider long term effects of War in Ukraine, which also has deep demographic issues due to losing 6 million refugees, and Donbass, Luhansk and Mariupol area is around 2 million. So ukraine lost 8 million people leaving the country and most never returning. If the war drags on, more and more people will be leaving. With only 25 million people, and such a large geographical size, and shattered infrastructure, Ukraine will be hemorrhaging for a very long time.
This 3-day special military ops will continue to years. Unless Putin can kill until the last Ukraine man and women. If superpower USSR failed to defeat afghan rebels how will much weaker Russia defeat an all out resistant Ukrainians? Zelenskki receives military support by 40 countries. Putin finances the war alone by selling coal, oil, gas. The time of war of aggression is long over.The fact is that ruSSia has a $66bn military budget and spends 4% of its GDP in this, moreover, 20% of this budget is embezzled => it's about the same budget as France except France spends less than 2% of its GDP...
In fact, NATO's cumulated military budget is about 1.2 trillions of US dollars, it's about 2 thirds of ruSSia's GDP and the GDP of NATO/EU countries weights twice the Chinese one for a population around 1 billion...
You don't seem to get how things are going : once the necessary weapons transferred, all that is needed are ammos...
ruSSia has already lost close to half of its modern tanks in less than 3 months and the economy is barely on par with S-Korea...
Make no mistake, the sanctions are hurting and badly, there are many measures that are not short term ones. A central bank can keep a money value by raising interest rates but it's unsustainable on the long run, look at Turkey : they rose the interest rates to 20% to prevent the Lira from falling, but the fact is the economy felt from, if I remember well, $1.2-1.3 trillions to $700bn.
BTW, Medvedev, or was it Lavrov, spoke about economical war... That was wrong! It's a SPECIAL TRADE OPERATION...
What does Manageble mean? Do u understand $30 trillion deficit? Biden poll # is like 70% disapproval on economy and 61 % disapproval overall. Democrats will be in deep dodooo in midterm elections. If u do live in Germany, and shop groceries, you know food inflation is like 100% compare to last year and overall inflation is like 30-50% and climbing fast.War costs money. The war costs Russia $25 billion per month. Putin wants to exterminate Ukraine, he wants to restore the border of USSR. He threatens to nuke EU, US, anyone that stands on his way. $200 million bill per day for the US tax payers is manageable.
If you live next door to a hooligan and rapist will you be more worried of food inflation or safety of your family?What does Manageble mean? Do u understand $30 trillion deficit? Biden poll # is like 70% disapproval on economy and 61 % disapproval overall. Democrats will be in deep dodooo in midterm elections. If u do live in Germany, and shop groceries, you know food inflation is like 100% compare to last year and overall inflation is like 30-50% and climbing fast.
The fact is that ruSSia has a $66bn military budget and spends 4% of its GDP in this, moreover, 20% of this budget is embezzled => it's about the same budget as France except France spends less than 2% of its GDP...
In fact, NATO's cumulated military budget is about 1.2 trillions of US dollars, it's about 2 thirds of ruSSia's GDP and the GDP of NATO/EU countries weights twice the Chinese one for a population around 1 billion...
You don't seem to get how things are going : once the necessary weapons transferred, all that is needed are ammos...
ruSSia has already lost close to half of its modern tanks in less than 3 months and the economy is barely on par with S-Korea...
Make no mistake, the sanctions are hurting and badly, there are many measures that are not short term ones. A central bank can keep a money value by raising interest rates but it's unsustainable on the long run, look at Turkey : they rose the interest rates to 20% to prevent the Lira from falling, but the fact is the economy felt from, if I remember well, $1.2-1.3 trillions to $700bn.
BTW, Medvedev, or was it Lavrov, spoke about economical war... That was wrong! It's a SPECIAL TRADE OPERATION...