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As a Ukrainian at war since day 1 – I don't buy it. They will sell their gas at discount to China until the very end. Military force is the only way to get them to the death zone.
That is probably true, but if they are selling at a loss, it can only go on for so long.
As a Ukrainian at war since day 1 – I don't buy it. They will sell their gas at discount to China until the very end. Military force is the only way to get them to the death zone.
Yes and no. There's a minimum price they need to sell it, and somewhere in between they may not actually make enough between the minimum and sale price to actually fund their military. Nevermind the awesome job you guys are doing blowing up refineries and other industrial facilities. It'll be good when Europe stops importing Russian gas and steps up their seizure of sanctioned ships too.
Sanctions can and will work against Russia. Part of the strain they face today is due to these sanctions, it just takes awhile and in the meantime, unfortunately, there are people dying.
Déjà vu … Since Crimea Invasion Russia’s Economy Is On the Brink of Collapse" – CNN Business, December 2014. "The End of the Putin Era? Russia’s Economy Is Tanking" – Newsweek, December 2014. "Russia Heading for Economic 'Colossal Collapse'" – BBC News (quoting Alexei Kudrin), December 2014. "How the Oil Price Collapse Could Topple Putin" – The Guardian, 2015. "Russia’s Economy Is a Mess" – The Atlantic, February 201…
What is Europe/USA fueled by? Debt. The Bubble. Is that sustainable? I don’t think so. What’s the point of the article? To prove the west’s superiority?
So what's the point of the comment? Your fear that it might be superior?
What is Europe/USA fueled by? Debt. The Bubble. Is that sustainable? I don’t think so. What’s the point of the article? To prove the west’s superiority?
That is the very basis of our currency, and the basic idea is a good one in an idea-heavy economy more reliant on innovation than natural resource constraints. Also, if truly becomes too much we will just have one of the many many currency changes. My grandparents lived with about five (could be as many as seven) currencies throughout their (German) lives, for example.
As long as the real values remain, the factories, the people, the roads, the buildings, that is not a problem overall. It's not like people can emigrate to alien worlds, and on earth the places with the best real economy will be where they will go - have to go.
Money is the carrot dangled in front of us to keep us moving and to create real value things. The carrot can be updated and changed if the current one starts to lose its appeal, it is not what ultimately matters. The point of view of an individual and the big picture are very different things.
Déjà vu … Since Crimea Invasion Russia’s Economy Is On the Brink of Collapse" – CNN Business, December 2014. "The End of the Putin Era? Russia’s Economy Is Tanking" – Newsweek, December 2014. "Russia Heading for Economic 'Colossal Collapse'" – BBC News (quoting Alexei Kudrin), December 2014. "How the Oil Price Collapse Could Topple Putin" – The Guardian, 2015. "Russia’s Economy Is a Mess" – The Atlantic, February 201…
Déjà vu … Since Crimea Invasion Russia’s Economy Is On the Brink of Collapse" – CNN Business, December 2014. "The End of the Putin Era? Russia’s Economy Is Tanking" – Newsweek, December 2014. "Russia Heading for Economic 'Colossal Collapse'" – BBC News (quoting Alexei Kudrin), December 2014. "How the Oil Price Collapse Could Topple Putin" – The Guardian, 2015. "Russia’s Economy Is a Mess" – The Atlantic, February 201…
Yes, it seems like that’s the propaganda. The free speech democratic West, instead of reporting about the objective truth, tells us half truths for their own benefit.
Earlier quoted context omitted.
Yes, it seems like that’s the propaganda. The free speech democratic West, instead of reporting about the objective truth, tells us half truths for their own benefit.
economist.com is a website. It's not, and doesn't represent, the whole of western civilization.