The rouble is soaring and Putin is stronger than ever - our sanctions have backfired

Discussion in 'Latest US & World News' started by Destroyer of illusions, Jul 30, 2022.

  1. Monash

    Monash Well-Known Member

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    Sending rifles alone would be nothing more than a sop. The advanced drones, munitions and armored vehicles etc are another story entirely. They have been used quite effectively - witness the hundreds of dead Russian armored fighting vehicles and thousands of Russian KIA.

    Yes some of the platforms supplied by the West have been destroyed in return but most are still operational if only because the Ukrainians are husbanding resources for their own offensive operations. And depending on the front concerned the Russian invasion has either been pushed back, stalled or otherwise has slowed to a crawl. This is almost entirely due to the addition of Western weapons and intelligence. And to date while yes, stockpiles have been reduced for some types of armament like ATGM's (not all, there are still plenty of TOWs in stock for example) they can be and are being replaced.

    In fact one positive outcome for NATO in fact is that it has finally stirred the more complacent European members of NATO (think Germany for example) to restock their run down munition depots. Remember to that all those munitions have expiration dates (particularly PGMS) and anything not expended in training has to be decommissioned. America has been supplying the oldest gear first.

    Meanwhile Russia was was heavily dependent on Western components for its PGM programs. That supply has been terminated and Russia has been forced into employing relatively inaccurate Cold War era guided weapons as a result. They still have some stockpiles of the more modern stuff - they just can't afford to deploy it because in the short term it cant be replaced. Five years from now thanks to China that may will be different but now is now.

    In summery its only the Western intervention that will enable Ukraine to go on the offensive with any chance of success.
     
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  2. UntilNextTime

    UntilNextTime Well-Known Member

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  3. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    If Ukraine never goes on the offensive, will you start to suspect that you've been strung a yarn?
     
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  4. James California

    James California Well-Known Member Past Donor

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    ~ The Wall Street Journal ~
    Russia’s Economy Is Tanking but the Ruble Soared. Here’s Why.

    • Sanctions against Russia have pushed its economy into what could be the biggest decline in decades, but the country’s currency has gone the other way.
    However, the Russian economy is in trouble. When the ruble is strong, Russian goods become more expensive — making it much harder to sell overseas.
    Inflation is surging due to shortages, with food prices rising by 1/5th compared with a year ago. Turning away from the West has set Russian industry back. Auto production is down 97% because Russian factories can't get the parts they need.
    These are problems that a strong currency cannot fix.
    The Russian budget is heavily dependent on revenues from oil and gas, and that alone seems to be keeping the Russian economy afloat — for now.
     
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  5. Monash

    Monash Well-Known Member

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    They have less far weight to throw than Russia and a long front to fight on, even with western help. The Ukrainians have already conducted local counter offensives earlier in the war in the Kharkiv sector with some success. (By which I mean as much success as the Russians have had lately i.e. small localized gains). Anyone in their shoes is going to take take their time and choose their place very carefully. They only get a couple of shots at this so it has to be done right.
     
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  6. SiNNiK

    SiNNiK Well-Known Member

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    DoI = Baghdad Bob
     
  7. (original)late

    (original)late Banned

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  8. (original)late

    (original)late Banned

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    Ukraine is just the first on Putin's agenda.

    ALL the others are NATO..

    One of the things we've learned from Ukraine is that NATO can roll the Russian army up like a rug. Which means Putin is quite likely to start using nukes...

    The Russian army has to be defeated in Ukraine. The alternative could be nuclear war.

    I know that sounds crazy, but Putin seems unhinged these days.
     
    Last edited: Aug 4, 2022
  9. Torus34

    Torus34 Well-Known Member

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    The ruble vs. the US dollar is well below its value in decades past.

    Regards, stay safe 'n well.
     
    Last edited: Aug 4, 2022
  10. Dirty Rotten Imbecile

    Dirty Rotten Imbecile Well-Known Member

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  11. UntilNextTime

    UntilNextTime Well-Known Member

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    Nope.
     
  12. Giftedone

    Giftedone Well-Known Member Past Donor

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    Quite the Political Yarn WSJ is singing -- would not be the first time .. in an otherwise fairly good read .. with some actual news once in awhile ..

    Russia has paid for the war .. just in increased oil Profits .. Sanctions have been a disaster ..

    Oil/Gas makes up what % of Russian Economy mate .. and just run the numbers from there .. The Ruble is Strong because "Russia" of all nations .. has more of intrinsic value to back up its debt .. than near every other fist world nation ..

    So how about that Team Vlad .. Sanctions don't hurt him very bad .. Seems the other members don't wanna hold up their end of the bargain .. Sanctions don't work if the vast majority are not in on the party .. Not even close .. the boat leaking like a seive .. getting worse all the time .. Putin being the one twisting the screws .. the EU and USA twisting in pain...
    -
    Got to try out some new weapons technology though didn't we -- see how some of the old fared against the new stuff -- that alone was worth it - worth the price of the war - China would pay Russia double that amount under the table to achieve .. what this show has achieved...

    Or did ya miss it .. in all the fireworks .. rockets red glare -- bombs bursting in air .. the death knell for US Economic/military hegemony ..
     
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  13. USVet

    USVet Well-Known Member

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    The ruple is only kept high by capital controls. This why the black market rate on dollars in Russia is so much lower than the official government set rate. Rule trading went from 12 billion per day down to 2 billion (a lose of 5/6th) and what little does get traded is mostly government spending. The sanctions are hitting the Russian economy hard and you can see that with car and truck production dropping by 97% due to lack of imported parts.
     
    Last edited: Aug 4, 2022
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  14. Giftedone

    Giftedone Well-Known Member Past Donor

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    Tink u been going a bit hard on the corporate kool-aid mate .. Putin done pay for this entire war - just on increased oil profit .. gonna be a wonderful harvest .. grain price will be good ... Putin just fine .. Sure .. Couple of his ponies have their Yachts impounded for a short time .. bargain them back Putin will when come the reckoning

    Tins ya got all backwards from da trut on da ground x ..
     
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  15. James California

    James California Well-Known Member Past Donor

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    ~ Yes and a subscription fee as well. I no longer subscribe. Won't let others share a link ... :blankstare:
     
  16. Giftedone

    Giftedone Well-Known Member Past Donor

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    Will often buy one for the flight .. havn't been flying much lately :)
     
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  17. Poohbear

    Poohbear Well-Known Member Past Donor

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  18. Tofiks

    Tofiks Banned

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  19. Destroyer of illusions

    Destroyer of illusions Banned

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    You don't have to make an excuse.
     
  20. UntilNextTime

    UntilNextTime Well-Known Member

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    All you have are insults, what does that tell you? ..I.
     
  21. UntilNextTime

    UntilNextTime Well-Known Member

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    What the F* do you think those who created the article use? Good one Einstein
     
  22. (original)late

    (original)late Banned

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    It's not hard to manipulate a currency, we've done it many times.

    But to do it as long and hard as the Russians are doing? The damage to their economy will grow over time, with a chance of things getting ugly because of it.
     
  23. (original)late

    (original)late Banned

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    It tells us you like Anti-Semitic BS.
     
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  24. Torus34

    Torus34 Well-Known Member

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    Hi, (original)late.

    Applying pressure to the Russian civilians is not easy. They have a long history of privation and are adept at work-arounds.

    Regards, stay safe 'n well 'n remember the Big 5.
     
  25. (original)late

    (original)late Banned

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    Hi, just plain late is fine. That's my moniker on most forums.

    Yes, but what I see as the problem is that their dictator that has, for the most part, killed politics.

    Our real goal is to trash their war machine, and damage the economy to the point where it will take them a generation to rebuild. That is coming along nicely.
     
    Last edited: Aug 5, 2022

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