20 sats \ 20 replies \ @TomK OP 13 Feb \ parent \ on: US-Senate Passes $95 billion Bill For Wars In Ukraine And Israel news
Yes. But at this point they're doubling down on their policy errors. Russia/China literally only needs to hold their position in Ukraine and elsewhere. We are eating ourselves economically
Russia is currently spending around one third of it's budget on military. That's not sustainable long term, unless they want to become North Korea.
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Yes, Russia is even more economically dependant on fossil fuel exports than was USSR. It's basically mafia with big gas station that pretends to be a sovereign nation. But Ukraine is doing good hits on their oil infrastructure near Black and Baltic seas, likely that export route will be non-functioning soon.
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then tell me what competencies, resources and economic advantages the eurozone has? is it the high national debt? the completely messed up currency? the ailing banking system? the failed climate policy? the deindustrialization of the continent? the massive flight of capital out of the eurozone?
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EU is dying organization IMHO. But still there are competencies. For example, most of the equipment used by Russian industry (factories) is German.
About currencies - rouble is even worse than euro. And, at the end of the day, we all believe, all roads will end to the Bitcoin anyway.
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unfortunately, what is still not understood is that the brics bloc covers its currencies with gold. europe has a problem with the collateral of its currency. it has nothing to offer except climate moralism, with the help of which it tries to keep the whole world at its table (net zero insanity). europe has an energy problem. that is the cause of its failure. and that is precisely why it can no longer decide kinetic conflicts for itself.
And yes: in BTC we trust!
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what is still not understood is that the brics bloc covers its currencies with gold
No, it does not! Central bank having some gold reserves doesn't mean it's currency is backed by it.
And I would not even call BRICS a "block". Common, there is both India and China there which literally have military skirmishes on border from time to time.
Can You provide data, please? Because Russia only has 30% Debt/GDP
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And it has nothing to do with debt / GDP ratio.
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How they are losing? There are problems, but they aren't losing. Ukraina did mostly unsuccessful counter-offensive by not gaining much territory, but Russia managed anyway to lose few times more soldiers during that period. Military theory says that normally attacker loses are at least 3 to 1 vs defender's (more in urban warfare), here it was opposite.
60 billion aid USA plans to give to Ukraine is less than 10% of it's military budget, which could be no more than 2% of total federal budget. And it's not money they are sending, but mostly ammunition and military equipment, lots of that comes from already existing stores.
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You are too emotional. I am watching this proxy war from a neutral perspective. First: You need to accumulate spending of the Nato states to compare it with Russia's efforts. Secondly, Ukraine is running out of manpower as it is losing multiples compared to Russia. Listen to Col. McGregor to get an idea and stop the mainstream media bs, they are not neutral. But if it makes You feel better, believe whatever You like.
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Ukraine is running out of manpower as it is losing multiples compared to Russia
Source of such data? Russians are definitely losing more, they are sending mass human wave attacks and counterattacks with criminal convicts and badly trained conscripts and use barrier troops, so that those units cannot retreat. Nothing has changed in their attitude towards people in last few hundred years.
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