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Most countries expand their economy while at war. Germany included. Look it up; pick your own country and your own war..
That's because war expends the countries financial reserves and turns it into GDP.
Only at the end does the GDP suddenly reverse as the country runs out of funds.
Russia is dying.
Ukraine is not spending their own money. They never had much, anyway.
Article seems pretty optimistic, saying Ukraine can win in a year with financial support, but it does point out the difficulties Russia is having.
"...Oil revenues are higher now than they were before the war, funding Russia’s military output. Russia is now organized on a complete war footing.
Still, its capacity to sustain its current efforts may be dwindling. Russian industry will only be able to produce about one-third of the 152 mm artillery rounds required by its Ministry of Defense for 2024. Supply chain bottlenecks and Western sanctions have driven up the cost of new components by as much as 30 percent. Many of its systems are outdated — six out of seven new Russian tanks used in 2023 were refurbished. While Russia has far outpaced Ukraine’s production of artillery shells, it will start running low on artillery guns next year. Moscow also faces looming manpower challenges and has increasingly relied on convicts and foreign mercenaries to replace its massive battlefield losses...."
..........."...Oil revenues are higher now than they were before the war, funding Russia’s military output. Russia is now organized on a complete war footing.......
For Russia, pivoting to new oil customers was easy. Put it on ships and send it away.
For gas, it is not so easy. Gas needs pipelines, and most of those going to Europe are out of service. As a result, natural gas exports have shrunk 42%. Has to be a little frustrating for a country with the world's largest supply of natural gas.
The war footing economy results in an increased GDP because Russian economic reserves are being used to produce war material. Meanwhile, the high interest rates, and the number of bankruptcies in Russia indicates things are not rosy for ordinary civilians there.
Ukrainian strategy of hitting refineries deep inside Russia seems to be paying off. We've seen Russia go from being a place where the word "war" could not be used to being a place where the economy is on "war footing".
Russia would love to quit. They can't. Quitting now would cost them Crimea.
The traitors in Congress voted for one final robbery of the people's money when it comes to the Ukraine scam. They should ALL be voted out.
Yes, this is indeed likely the last time for this before Ukraine collapses. One last time for the money grubbers. As for Ukraine's security, who cares? The money goes into the "proper" pockets one more time. Now after Ukraine's collapse we'll have the money to spend on our own borders (not holding my breath for this though).
the US yearly DoD budget is over 800 billion dollars EVERY year...60 bil to Ukraine to stop the real Nazis..you know, the ones from Russia, is a bargain..fight them in Ukraine or fight them in Europe..got any kids in the military?..get them ready for NATO fighting if you don't like what's happening in Ukraine..
The traitors in Congress voted for one final robbery of the people's money when it comes to the Ukraine scam. They should ALL be voted out.
Is it really the final package of money for Ukraine though? I was very surprised by Mike Johnson bringing this up for a vote and the rest of Congress who went along with it and voted yes.
The traitors in Congress voted for one final robbery of the people's money when it comes to the Ukraine scam. They should ALL be voted out.
Agreed. We have far too much crime, open borders, horrible schools, expensive colleges, expensive healthcare, homelessness, bad infrastructure, and poverty to be giving away $60 billion to Zelensky 2 years after the war.
Hell, congress could've forgave student loans with all that money sent to Zelensky.
But the left needs this proxy war to go on forever, and will approve another $60 billion next month.
Quote:
CIA director warns Ukraine could lose war with Russia by the end of the year unless US sends more aid
Two news:
1. Russia declared that it will implement "adequate actions" in response to stealing Russia's frozen funds
2. Novomikhailovka is finally taken over by RAF. That's on Kurakhov direction.
The real question me is, "What will the Kremlin do now?"
Their plan was to wait it out while the US elected a new President who would deny all support for Ukraine, thus paving the way for a Russian victory. But that's not going to happen. We'll probably get a new President, alright, but support for Ukraine will stay.
All this means a long war. Russia can't leave. And they can't win, either. They are able to take a village here and there, but only at great human cost and after they have pulverized the country side with artillery.
Meanwhile, the Ukrainians are developing their ability to strike deep inside Russia to great effect. The black Sea fleet is no longer safe, the Russian air force has learned to keep its distance, and many of the 44 Russian refineries have been damaged - to the point where Russia can no longer export some refined products.
It may be a some months away, but I see where Russia can lose everything in the end - Crimea, The Bridge, and a large portion of the Russian economy could be permanently lost.
In other news, China is supplying Russia with automobiles, since Russia is no longer making enough for itself. I should say, China is selling Russia automobiles, not supplying them. That means money and jobs are being transferred from Russia to China. The effect will be the same as in the US, when the US exported jobs and industry to China. But lacking the US's market and appetite for automobiles, the Russian automobile industry, already weak, will die.
The last time the Total Fertility Rate in Russia was above replacement level (2.1) was 1985. Russia had a baby boom, too, after WW2, so as that large group of people die off, Russian population will begin to fall very quickly. Russia has seem some results in their effort to increase baby-making (and baby-stealing, too), but as long as the TFR remains below 2.1 the population will always shrink.
Last edited by Listener2307; 04-21-2024 at 10:25 AM..
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