Earlier quoted context omitted.
I feel like this definitely needs to be expanded. What makes you think that? Their currency is stronger than before the war (despite internal fragility) They have the entire continent of Europe by the balls on oil/gas They've made an absolute killing in the energy sector this year due to the fear and scarcity they have created. They're making steady gains in their war in Ukraine They have the ear and economic heart o…
All of these are illusions. The currency is propped up by the government because it's not freely exchanged anymore. Europe is making a massive turn away from Russian energy despite the medium-term pain. The Russian military has achieved very little in five months of warfare. And China genuinely doesn't care about Russia. If the Russian Federation were to balkanize into smaller states, the Chinese leaders certainly wo…
And the Ruble remains strong because Russia is insisting on taking payments in Rubles, and Europe agrees or will freeze to death this winter.