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Posted

Wow. Ruble continues to drop  throughout the day, This was an hour ago. The rate of fall is unprecedented for a currency.

Screenshotfrom2024-11-2622-40-15.png.a52405b139bb490c2f3cf34c4b9b8df6.png

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Posted (edited)

If Trump can manage to help end this to the satisfaction of Ukraine where they retain their full sovereignty on future EU NATO decisions and real security guarantees as opposed to just a temporary frozen conflict I would be happy to see Trump.win the Nobel peace prize. 

Edited by Jingthing
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Posted (edited)
9 hours ago, rabas said:

3, 2, 1, ...  "Do you want nuclear war?  WW3?  MAD?!" 

 

Those who grumble about WW3 simply do not understand that the beauty of this war is that it is a proxy war. Therefore, the exchange of nuclear strikes is completely harmless. Just not for those countries that will be proxy countries.

Edited by zmisha
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Posted
On 5/19/2024 at 11:12 PM, beautifulthailand99 said:

 

This is what people don't get.....money is ultimately "made up".Physical resources are not. Russia has every resource it would ever need. While other countries still lack food and energy independence.

The only thing Russia wants from China is money and some sanctioned tech that the west helped China build at their expense .....on the other hand China needs energy/food/resources.

There is nothing Russia needs from the world, its the other way around the world needs Russia's resources and the more you push Russia into China's vassallage the more powerful their alliance becomes. Democratic,liberal values aren't a given of successfull empires, indeed at their zenith they may even be an agent their downfall.

 

Russia is being forced to cannibalize domestic aircraft to keep services going. It's not getting any parts or software upgrades from Boeing or Airbus. It has no capacity to build its own passenger aircraft, in an economy on a wartime footing.

 

Russia has ceased exporting refined oil products. It needs every drop for Ukraine and the domestic market.

 

The Russian education system collapsed in the mid-eighties. The scientists and engineers from that era are on the cusp of retirement. There has also been a brain drain of younger people escaping the draft.

 

Oil wells in the permafrost are freezing, the Western technicians and advanced equipment needed to keep them operational are gone.

 

In addition, the Russian demographic is declining at one of the fastest rates in the world.

 

You are dead wrong when you say there is nothing Russia needs from the world. It needs human capital, and technology. It currently buys washing machines and refrigerators from the West, for the computer chips to go into its military vehicles. It has zero capacity for making high-end chips of its own.

 

I am reminded of the early Cold War. Russia was buying about 30 optical emission spectrometers from Bausch and Lomb in America. It turned out the spectrometers were then cannibalized for the diffraction gratings, which went into missile guidance systems. History repeats itself.

 

I doubt the ordinary Russians watching their food costs inflating by 10%, or the purchasing power of 100 rubles decline to less than a single dollar, would agree money is "made up". The Chinese don't believe so, they will only pay Russia in yuan.

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