ST Alpha - "Russia isn't (currently) losing or going bankrupt. oil is paying for almost all of the war, and Putin's happy to throw troops at Ukraine forever. -- nm" (Reading a Post)

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Russia isn't (currently) losing or going bankrupt. oil is paying for almost all of the war, and Putin's happy to throw troops at Ukraine forever. -- nm

Posted by mafic Dec 12 '23, 16:37

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Responses:

Putin has had two close calls with the ruble nearly cratering. He can't survive too many more. It isn't the dollar. -- nm - crash davis 😺 Dec 12, 21:55
A global economist I trust recently stated that China will own Russia forever because its economy has collapsed so much. - David Dec 12, 17:13 8
- I bet China has got mineral rights locked up and are getting ready to drill -- nm - Remlik Dec 12, 17:49 2
  - I mean not entirely how it works. Russia is pretty strict on royalties and foreign control of mineral assets. - mafic Dec 12, 18:04 1
    - ah. thank you. -- nm - Remlik Dec 12, 18:08
- Russia's economy is churning along just fine for the moment. a bit overheated inflation-wise, but weirdly scaling up military production does a - mafic Dec 12, 17:38 2
  - Soaring inflation, impending recession after they just got out of a recession, and all the positive news comes from Russia's economic folks. - David Dec 12, 17:48 1
    - most of Russia's Chinese debt is energy-related, which is pretty easily serviceable for them. Russia isn't in crisis yet. -- nm - mafic Dec 12, 17:56
- Oh. So it's a double secret proxy war against china. -- nm - Beryllium Dec 12, 17:23 1
  - You're joking, but America and Canada are in an economic cold war with China. -- nm - David Dec 12, 17:27
Troops eventually run out. And losing leader makes what troops are left a lot less effective and a lot more disaffected. - TWuG Dec 12, 17:08 5
- sure eventually, but he's banking on being able to outlast the west. depending on the US election next year he might be right. - mafic Dec 12, 17:33 4
  - Sure, and Afghanistan was great for Russia. -- nm - David Dec 12, 17:38 1
    - That was a different time, they had to deal with Milton "Rambo" Friedman. -- nm - Beryllium Dec 12, 17:49
  - did you read the Fiona Hill interview? It's swell. (I'm a fan) -- (link) - mud Dec 12, 17:36
  - The recent history of Russia is "Lose a stupid war, get a revolution" times... 4? -- nm - Reagen Dec 12, 17:35

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