pull down to refresh
10 sats \ 43 replies \ @kristapsk 17 Mar \ on: EU agrees to liquidate Russia's confiscated assets to finance supply of weapons econ
How it's lost? Russia will collapse in a few years economically continuing this war. They already are spending about 30% of annual budget on it. War economy is growing, real economy collapsing in Russia. It's not sustainable. Soviet Union couldn't manage it, Russia is weaker economically.
Completely wrong assessment
Russian economy has grown since conflict.
Europe is dependent on Russia for natural gas.
reply
Russian economy has grown since conflict.
War economy is growing, real economy collapsing.
reply
Which industries are collapsing in Russia right now?
reply
There are issues all the time. Recently they had chicken egg crisis (LOL), for example. https://www.newsweek.com/russia-eggs-crisis-prices-sanctions-1856439
reply
reply
Russian share of war industry in economy is order of magnitudes bigger than European.
reply
reply
EU has diversified it's natural gas sources and share of Russian imports are falling. https://www.spglobal.com/commodityinsights/en/market-insights/blogs/natural-gas/022624-russia-ukraine-war-europe-russian-gas-lng
With the majority of Russian pipeline deliveries halted, only a handful of countries still import piped gas from Russia’s Gazprom, among them Austria, Slovakia, Hungary and non-EU Serbia.And although Russian LNG supplies to Europe remain relatively robust, they still account for only a small share of Europe’s overall gas imports.Now, with the EU giving member states the right to restrict Russian imports at the national level and Austria looking to speed up an exit from Russian gas, the remaining Russian volumes in Europe face an uncertain future.The EU has already seen its Russian gas and LNG imports plummet, falling from 155 Bcm in 2021 to 80 Bcm in 2022 and to 43 Bcm last year, according to European Commission data.In its place, Europe is importing significantly more LNG, while traditional pipeline suppliers -- such as Norway, Algeria and Azerbaijan -- are doing their best to maintain high levels of exports.
reply
Who is exporting LNG to EU if not Russia?
Eastern Europe is still dependent on Russia for natural gas
reply
reply
America is biggest supplier of LNG to EU 27?
reply
Yes
reply
What about Ukraine economy, both real and war?
The longer this conflict drags on, more devastation for Ukraine.
If Ukraine joins NATO or EU then Russia will go nuclear
reply
Ukrainian economy of course is not in a good shape right now. But they don't have much choices here if they want to continue to exist as a country and not be part of Russian Federation.
then Russia will go nuclear
Russian ar threatening to use nukes all the time. For example, they said before that American tanks in Ukraine will be "red line". But nothing happened after Abrams deliveries. Same with F-16 jets, which will be delivered soon. Putin also wants to live.
And if you allow one dictator to do nuclear blackmail to get what he wants, basically all current international order collapses and sooner or later you will likely end up with nuclear war anyway. See history, Hitler in 1930s.
Actually nuclear blackmail is sign of weakness. Only two countries are doing this - Russia and North Korea.
If they try to use nuclear, even tactical in Ukraine, 90% Russian Black Sea and Baltic Sea fleets will cease to exist in half an hour, will be destroyed with conventional (non-nuclear) means.
reply
Putin is not Hitler
Putin is only interested in eastern Ukraine as a buffer zone.
He wants Ukraine to be neutral, no NATO or EU membership
reply
No, that's bullshit. He wants to restore Empire. They have officially annexed de iure from their perspective parts of Ukraine already in Russia, including ones they haven't even conquered.
If you listen to their TV shows, they are openly speaking that just existence of Ukraine as a country threatens Russia and that Poland and Baltics should be conquered next. And you can't speak at mainstream TV channels in Russia a messages that haven't been approved by Kremlin.
reply
Putin doesn’t care about Baltic states or Poland. Ukraine is a different story because of its proximity and history
reply
He definitely cares about every inch of territory that was part of Soviet Union.
Ukraine doesn’t have the manpower and artillery to win this war. The best they can hope for is a stalemate or ceasefire.
reply
You are so wrong on that. You should study the state of 'western' economies and societies. Start with the Eurozone...
reply
Eurozone has problems, but Russian economy is in worse shape. I often hear argument of they having resources and that is what matters, but people forget that Russians don't have their own tech for that, it's all Western tech, so they will have more and more problems there.
reply
Your argumentation is 10 years behind reality. the Russian army is technically at least on a par with NATO and Russian industry has also caught up a lot thanks to the sanctions policy. in addition, Russia is embedded in a new corset of cooperation. it is impossible to win a war against a nuclear power and the world's largest energy and raw materials giant.
reply
Russian army is technically at least on a par with NATO
You mean the planes which engines just fall off during the flight? :) https://www.youtube.com/watch?v=lZMc9QvK7lM
reply
Is it Boeing?? Lol. You have no idea what's going on. Are You german?
reply
No, it's Ilyushin Il-76.
I'm Latvian, born in Soviet Union, understand Russian thinking and attitude towards life, have Russian friends, including friends living in Russia (they support Ukraine in this war).
reply
You were born in 1989 or earlier?
reply
Earlier.
I heard recently that Russia banned Latvian language for 80 years. Is this true or fiction?
reply
Not officially banned, but there have been Russification policies in Latvia under Russian occupation since 19th century. During Soviet occupation after WWII lots of organized colonization by Russian speakers happened (Latvians were 75% in Latvia in 1935, 52% in 1989, now it's 62%; in comparision - 10%, 34%, 27% for Russians). It was often that you couldn't speak Latvian in a shop or workplace. It's still happening actually, but not so widespread.
reply
English, who can't even get an aircraft carrier out of the harbor
Russians are no better in this regard currently, Admiral Kuznetsov isn't seaworthy.
German army that remains at about the same level as in 1950
It's actually worse. Ukrainians in the first week of war destroyed more Russian tanks than Germany has in working condition. And ammunition from DDR times they sent to Ukraine was at the same unmaintained unreliable shape as ammunition DPKR is sending now to Russia (some 50% success ratio on fire).
But then again, Russians are now forced to put old T-62's from conservation to the front lines, so it's not great for them either. And their need to buy ammunition and equipment from Iran and North Korea says something.
Ukrainians are brave and can fight, they just need support with weapons and ammunition.
Russian army is technically at least on a par with NATO and Russian industry has also caught up a lot thanks to the sanctions policy
LOL, you are living in illusion world.
Russians cannot increase their energey and raw material mining much. And Ukrainians are hitting them hard in this regard, they have recently shown their ability to hit oil refineries up to 900 km accross the border with drones at will. https://www.youtube.com/watch?v=_dN5JzP1g0o