And gallant, honourable warfare, don’t forget that!
GreenShimada@lemmy.world
on 22 Apr 19:01
nextcollapse
Whatwhatwhat??? The country that officially organized their olympians to take all the performance enhancing drugs lied about how bad money things hurt? I’m totally, super so surprised!
tomatolung@sopuli.xyz
on 22 Apr 19:11
nextcollapse
According to Nilsson, the real inflation rate in Russia is closer to the key interest rate of 15% than to the Russian Central Bank’s official estimate of 5.86%."
The Russian economy can only go on one of two scenarios: long-term recession or shock," Nilsson said. “In either case, it will continue on a downward trajectory towards financial disaster.”
Every headline telling me how close they are to broke, or collapse or ruin…. Makes me realize how much I don’t understand about economics and geopolitics because these headlines have been the same for the last two years.
I’m not saying it’s inaccurate but when I’m broke, I’m broke and I can’t keep paying rent for another two years.
I see 1000 men dead/wounded a day, 200 vehicles, ships, etc every day and yet with a gdp the same as New York state they seem to have unlimited resources. How would New York alone fund a war for 4 years and run a country and have an entire military. None of it makes sense to me how they are still fighting.
HuudaHarkiten@piefed.social
on 22 Apr 22:52
nextcollapse
You gotta read past the headline with these. I’ve been reading the same headlines for years as well, but when you read the article itself its very often about something specific and if they make predictions they have been pretty accurate so far.
The headlines are decided by the editors of the publication and is designed to get clicks, as I’m sure you know. I also knew this, but it really was made clear with these “russia is on the brink of collapse” headlines.
And what comes to the difference between you being broke and country being broke.. the country doesn’t really get to a point where theres no money at all. They will always have some from taxes and whatnot. But there will come a time when they can’t afford to do certain things. Keep buying drones from china, keep roads maintained, health clinics running, keep fire engines maintained and working… Thats when the collapse starts to happen. The country will still have some money, but when enough stuff stops working, people will stop working and find something else to do.
Tar_alcaran@sh.itjust.works
on 23 Apr 04:12
collapse
How would New York alone fund a war for 4 years and run a country and have an entire military. None of it makes sense to me how they are still fighting.
The glib answer is that Russia isn’t New York.
Russia can’t run out of money, they can just print more money. Unfortunately, that causes massive inflation, because you’re spreading the same amount of value over more coins, so each coin gets less value.
Russia was also very rich. They have absolutely massive oil and gas reserves, so they can sell products for cash, usually in dollars. And they’ve done that for decades. Sure, most of that money was private, but once the owner is found guilty of crimes against the state, its suddenly government money.
Russia also isn’t really one country. You should picture “Russia” as being Moscow and Saint Petersburg, and eeeeverything as their colonial holdings. All the money, political power and influence and resources are in the two cities, and everyone else is basically a pleasant.
Russia also used to be a lot stronger. The Soviet Union was much bigger and included all of Ukraine and more. During that time, they made an absolutely insane amount of weapons. There were literally multiple dozens of military bases that were just giant carparks full of tanks and guns. Many of those were made in Ukraine by Ukrainians.
That’s how Russia keeps going. They’re printing money to supplement their now empty Scrooge McDuck warehouse of money. They’re basically using destitute dirtfarmers as soldiers, using military equipment made during the cold war. And nobody important gives a shit because they barely consider them to be Russians anyway. And the people getting presses into the military have no idea what’s happening, because how could they?
Russia won’t run out of money, or tanks, or missiles. They’re just making more. They won’t run out of soldiers because it’s a huge country.
What will happen is that they run out of most things. And for a large part, that already happened. Advances have slowed hugely due to not having enough tanks and APCs. Logistics have broken down and they’re using horses in some places. Trained, professional soldiers have been rare for years already. They don’t even have radios so they’re using civilian stuff. But they won’t run out, they’ll just get less and less effective.
But an ineffective military of millions can still kill people.
Airfried@piefed.social
on 22 Apr 23:40
nextcollapse
We knew how bad the situation was economically but we also knew sanctions would have a much delayed effect. Economists have explained that plenty back when it seemed sanctions wouldn’t do much at first. As far as I’m aware, Russia transformed into a full on war economy since. That delayed things even further but it will make the fallout even worse for the country. Putin really doesn’t care if Russia even still exists when he goes down.
MousePotatoDoesStuff@lemmy.world
on 23 Apr 05:58
collapse
“Après moi, le déluge” - Vladimir XV.
applebusch@lemmy.blahaj.zone
on 23 Apr 02:45
nextcollapse
The number of “economic experts” I’ve heard claim the Russian economy is fine and isn’t collapsing anytime soon is insane, and it is always based on those fake numbers, without regard for reports about what is really going on.
There’s a reason Russia is selling out of their gold reserves again, and it’s not that the Russian economy is in good shape.
The Russian economy has been in steep recession for more than a year, but they have faked the numbers to look like they are not.
Unfortunately many governments have trusted the “experts”, and that has influenced policies towards Russia, and probably prevented actions that could have helped push Russia over the edge sooner. Like the lame ineffective efforts against the Russian shadow fleet.
It probably also prevented pressure from Europe on USA (Biden) to allow Ukrainian attacks on oil refineries, something Ukraine wanted to do, but only began doing after USA stopped helping with military equipment. And quite frankly Ukraine is doing better now without help from USA, than they were doing with USA help but with conditions attached like Ukraine wasn’t allowed to attack into Russia AT ALL! Preventing Ukraine from attacking Russian supply lines, and artillery that was on Russian ground. Biden was a huge millstone around the neck of Ukraine even more than Trump! Despite the early help from Biden was crucial in the beginning of the war. Biden was apparently afraid of Putin, and what he will do when he loses.
Don’t worry. Pedonald will keep bombing Iran so that he has an excuse to keep the sanctions against Russia lifted, so that they can keep selling their oil which helps their economy.
threaded - newest
I am shocked. Would have never seen it coming. They are known for their virtuous, uncompromising truthfulness.
And gallant, honourable warfare, don’t forget that!
Whatwhatwhat??? The country that officially organized their olympians to take all the performance enhancing drugs lied about how bad money things hurt? I’m totally, super so surprised!
No regret at all.
Putin is most likely still receiving these doctored and believing them too.
Every headline telling me how close they are to broke, or collapse or ruin…. Makes me realize how much I don’t understand about economics and geopolitics because these headlines have been the same for the last two years.
I’m not saying it’s inaccurate but when I’m broke, I’m broke and I can’t keep paying rent for another two years.
I see 1000 men dead/wounded a day, 200 vehicles, ships, etc every day and yet with a gdp the same as New York state they seem to have unlimited resources. How would New York alone fund a war for 4 years and run a country and have an entire military. None of it makes sense to me how they are still fighting.
You gotta read past the headline with these. I’ve been reading the same headlines for years as well, but when you read the article itself its very often about something specific and if they make predictions they have been pretty accurate so far.
The headlines are decided by the editors of the publication and is designed to get clicks, as I’m sure you know. I also knew this, but it really was made clear with these “russia is on the brink of collapse” headlines.
And what comes to the difference between you being broke and country being broke.. the country doesn’t really get to a point where theres no money at all. They will always have some from taxes and whatnot. But there will come a time when they can’t afford to do certain things. Keep buying drones from china, keep roads maintained, health clinics running, keep fire engines maintained and working… Thats when the collapse starts to happen. The country will still have some money, but when enough stuff stops working, people will stop working and find something else to do.
The glib answer is that Russia isn’t New York.
Russia can’t run out of money, they can just print more money. Unfortunately, that causes massive inflation, because you’re spreading the same amount of value over more coins, so each coin gets less value.
Russia was also very rich. They have absolutely massive oil and gas reserves, so they can sell products for cash, usually in dollars. And they’ve done that for decades. Sure, most of that money was private, but once the owner is found guilty of crimes against the state, its suddenly government money.
Russia also isn’t really one country. You should picture “Russia” as being Moscow and Saint Petersburg, and eeeeverything as their colonial holdings. All the money, political power and influence and resources are in the two cities, and everyone else is basically a pleasant.
Russia also used to be a lot stronger. The Soviet Union was much bigger and included all of Ukraine and more. During that time, they made an absolutely insane amount of weapons. There were literally multiple dozens of military bases that were just giant carparks full of tanks and guns. Many of those were made in Ukraine by Ukrainians.
That’s how Russia keeps going. They’re printing money to supplement their now empty Scrooge McDuck warehouse of money. They’re basically using destitute dirtfarmers as soldiers, using military equipment made during the cold war. And nobody important gives a shit because they barely consider them to be Russians anyway. And the people getting presses into the military have no idea what’s happening, because how could they?
Russia won’t run out of money, or tanks, or missiles. They’re just making more. They won’t run out of soldiers because it’s a huge country.
What will happen is that they run out of most things. And for a large part, that already happened. Advances have slowed hugely due to not having enough tanks and APCs. Logistics have broken down and they’re using horses in some places. Trained, professional soldiers have been rare for years already. They don’t even have radios so they’re using civilian stuff. But they won’t run out, they’ll just get less and less effective.
But an ineffective military of millions can still kill people.
We knew how bad the situation was economically but we also knew sanctions would have a much delayed effect. Economists have explained that plenty back when it seemed sanctions wouldn’t do much at first. As far as I’m aware, Russia transformed into a full on war economy since. That delayed things even further but it will make the fallout even worse for the country. Putin really doesn’t care if Russia even still exists when he goes down.
“Après moi, le déluge” - Vladimir XV.
<img alt="" src="https://lemmy.blahaj.zone/pictrs/image/dc472044-ea68-4264-8565-14e93c33a9de.webp">
Can’t wait until Trump’s Treasurer pick starts cooking the books for the US. Then we can get this crazy ride burned down sooner rather than later.
The number of “economic experts” I’ve heard claim the Russian economy is fine and isn’t collapsing anytime soon is insane, and it is always based on those fake numbers, without regard for reports about what is really going on.
There’s a reason Russia is selling out of their gold reserves again, and it’s not that the Russian economy is in good shape.
The Russian economy has been in steep recession for more than a year, but they have faked the numbers to look like they are not.
Unfortunately many governments have trusted the “experts”, and that has influenced policies towards Russia, and probably prevented actions that could have helped push Russia over the edge sooner. Like the lame ineffective efforts against the Russian shadow fleet.
It probably also prevented pressure from Europe on USA (Biden) to allow Ukrainian attacks on oil refineries, something Ukraine wanted to do, but only began doing after USA stopped helping with military equipment. And quite frankly Ukraine is doing better now without help from USA, than they were doing with USA help but with conditions attached like Ukraine wasn’t allowed to attack into Russia AT ALL! Preventing Ukraine from attacking Russian supply lines, and artillery that was on Russian ground. Biden was a huge millstone around the neck of Ukraine even more than Trump! Despite the early help from Biden was crucial in the beginning of the war. Biden was apparently afraid of Putin, and what he will do when he loses.
Fork found in kitchen, more at 5…
Don’t worry. Pedonald will keep bombing Iran so that he has an excuse to keep the sanctions against Russia lifted, so that they can keep selling their oil which helps their economy.