Ukraine - Russia Conflict
- Thread starter randomradio
- Start date
Paddy, I certainly hope UK betters this by a factor of 10 at the very least to demonstrate UK's true support to Ukraine's cause , for looking at the French contribution , it's hard to tell if it's aid or alms they're offering.
Let's for once see the UK put it's money where it's mouth is. @BMD
That will just make China's exports weaker.
This is what the consequences of a missile arrival in the Bryansk region '' #Russia '' look like. The video shows a significant crater and damaged military equipment
so what, doesnt that argument hold good for dollar too?
countries export to gain dollar which in turn is used to buy goods from other countries. Now when your currency becomes a legal tender in international trade there will be less need for dollars.
Of course pervert capiltalists will harp that less exports means less job growth. But they wont tell you the flip side that ppl will have more buying power due to stronger currency and govt will be able to finance/subsidize more projects/programs.
More money doesnt necessarily translate to results on the ground. I suppose russia would be better off subsidizing/arming allies/chamchas that can keep west busy.
It can't though. That much should be obvious. Russia's projected GDP for 2022 is $1400bn, $143bn is over 10% of that. And this won't even yield a stronger military, this is just the extra cost of the war. This isn't like some kind of Afghanistan or Iraq style insurgency, this is a full-blown stalemated symmetrical war, with a far higher cost that Vietnam even, both financial and in terms of body count. $143bn is only ~0.03% of the combined GDPs of the US and EU alone, sans Canada, Australia, Japan and ROK occasionally contributing, and Turkey too. The more people Russia sends into the war, the more its GDP falls, since it means less people working in the economy and more economic liabilities, even without including the mass exoduses.
There's only one way this ends. Russia is playing poker with a bad hand that everyone can see.
US exports are very different to Chinese exports. US tends to export mostly extremely high end stuff that has few competitors. China exports mostly tat that could be bought from umpteen other countries, like Vietnam or Indonesia for instance.
More buying power means they'll buy more from other countries. Stronger currency means you can buy more from abroad, but at home, where China conducts projects and programs using in house staff, things will cost the same. This is the problem Russia has. There are now less Roubles to the dollar, but Russia is getting Roubles for oil, so it has less dollars for every barrel sold, and back in Russia everything still costs more Roubles than before anyway, and it has to pay government staff salaries to cover that.
The reason China wants to buy oil in Yuan is likely because its currency is tanking, so it is trying to get it back to where it was in March.
US Dollar to Chinese Yuan Renminbi Exchange Rate Chart | Xe
USD to CNY currency chart. XE’s free live currency conversion chart for US Dollar to Chinese Yuan Renminbi allows you to pair exchange rate history for up to 10 years.
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“No one can really explain… why Russians are fighting so ferociously for it.”
Explainer: Why is Russia Trying So Hard to Capture the Small Ukrainian City of Bakhmut? - The Moscow Times
Russian forces have been attempting to seize Bakhmut in Ukraine’s Donetsk region for at least seven months.www.themoscowtimes.com
One possible reason for Russia pouring so many men and resources into the battle is that it has become a question of military prestige — after months of trying to take the city, Moscow is reluctant to admit defeat.
Ah, typical psyops. Dismissing crucial Russian victories.
Once Bakhmut falls, the Ukrainian position in the entire region north of it will become untenable. The Russians will get easier access to the E-40 road that connects to Slovyansk as well.
They're undermining the USD, you fool. Is that so difficult to understand? If regional powers start transactions in their own currencies who's going to underwrite the massive US debts by subscribing to trade only in USDs. Yuan is the new petrodollar.US exports are very different to Chinese exports. US tends to export mostly extremely high end stuff that has few competitors. China exports mostly tat that could be bought from umpteen other countries, like Vietnam or Indonesia for instance.
More buying power means they'll buy more from other countries. Stronger currency means you can buy more from abroad, but at home, where China conducts projects and programs using in house staff, things will cost the same. This is the problem Russia has. There are now less Roubles to the dollar, but Russia is getting Roubles for oil, so it has less dollars for every barrel sold, and back in Russia everything still costs more Roubles than before anyway, and it has to pay government staff salaries to cover that.
The reason China wants to buy oil in Yuan is likely because its currency is tanking, so it is trying to get it back to where it was in March.
US Dollar to Chinese Yuan Renminbi Exchange Rate Chart | Xe
USD to CNY currency chart. XE’s free live currency conversion chart for US Dollar to Chinese Yuan Renminbi allows you to pair exchange rate history for up to 10 years.
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Didn't we ask you to refrain from commenting on matters geopolitical & economics? Must we kill ourselves dinning it into skulls as thick as yours to explain what's essentially a simple point?
If all this were so easy to comprehend every second generation peasant & other menials would become a diplomat or an economist. I think Biden's setting an extremely bad precedent in this regard.
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"I came to realize that I had left Russia for a place that was just like Russia"
Russians and Chinese shouldn't be running off to the US for asylum. They will obviously be treated harshly.
You've said that so many times. Do you not ever tire of being wrong? The fact is, Russia is desperate, they've been so long without any victory that they need something, anything to try sell the war. They've lost 4 cities since they started trying to take this one. Am I wrong? Kharkiv, Izium, Lyman, Kherson. And they've lost several city's worth of soldiers trying to take it too.
They're treated the same as any other applicant from the third world.... providing red flags don't turn up.
An increase in arms spending will put a lot of pressure on Europe to arm itself. And they can't afford that now, something they could have just a year ago.
The intensity of proxy wars will increase, but it won't be as impressive as hurting the EU's economy via the energy sector.
So people escaping conflict zones are essentially treated on par with immigrants from any other part of the world. And this fool is perfectly fine with it. He doesn't see the contradiction in his position with international law at all.
Goodness knows why this fool's presence isn't restricted only to the music songs & jokes thread.
For Russia it is expensive, because it's on its own and has a generally poor economy.
Europe is already well enough armed to take on Russia, the increases in defence spending that have already happened will further emphasise that. The Russian military is an exhibition military, it seems impressive in crowd displays but here is the result, a well funded, but much smaller fighting force can grind it to a halt. Imagine if the armed forces of 30+ European nations were fighting this war on the ground alongside Ukraine.
Damage at Klintsy military base, Bryansk region, Russia as a result of overnight strike.