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There is a major fuel shortage so you are just robbing peter to pay Paul. Also fertiliser will be the next problem, we won't be able to grow enough to cover the
by Guthur 4y ago
There is a major fuel shortage so you are just robbing peter to pay Paul. Also fertiliser will be the next problem, we won't be able to grow enough to cover the loss of Russian and Ukraine exports next year. And meat as a source of protein will become a luxury for all those in power.
The western government's had to know this would happen otherwise they are grossly incompetent at their job.
If the west had had the means to project enough force to break the blockade or do anything directly in Ukraine they should have would have done so already. The losses will be unbearable for conflict adverse populations.
Europe can not survive without russian energy and so won't stop buying it, hypocrisy of the highest order. All and mean all of these bureaucractic lunatics are so far detached that I don't think they have an ounce off humanity left.
Starvation is now an inevitability. Russia have played this very very well as the west followed their own play book to the letter and the russians had counters planned for years, hording gold, setting up non USD financial systems. First round of The Game goes to Russia imo.
- karaterobot 4y ago> Russia have played this very very well as the west followed their own play book to the letter and the russians had counters planned for years, hording gold, setting up non USD financial systems. First round of The Game goes to Russia imo. I find this very hard to believe. Things are much worse in Russia and for Russia than they are in Europe or the United States right now, with the future looking bleak.
- Guthur 4y agoReally? can you quantify what that means, are they going hungry, short of fuel, is their currency collapsing, do they have rampant inflation? Or is just that people that got us in this mess are telling you that some how russians are suffering so much that they have to give up. Wasn't that suppose to happen immediately upon the weaponisation of the USD? When will it happen, after we all starve, after all infrastructure in Ukraine is destroyed? To believe that narrative now is beyond my imagination.
- thematrixturtle 4y agoRussia's official forecasts are for inflation north of 20%, GDP down 8% in 2022, and factories are offering free plots of land so people can grow their own potatoes. No shortage of fuel though, since they're having a hard time exporting it now. Although all industry in Russia is heavily dependent on spare parts from the West, meaning things will start breaking down quite soon.
- Guthur 4y agoQuite sure the whole world is at similar inflation levels, pretty sure it's about 30% considering the drop in profits from Western retailers, same revenue, massive drop in profits, the retailers took the inflationary hit but it will be passed on eventually. Just look at your fuel prices (supply issues there as well as monetary inflation). Will this affect russia, of course, but if their level of inflation is rampant then so is the rest of the world. Russia will likely deindustralise, but so will much of Europe, and even more so if Russia turned off the gas tomorrow. Remember this, russia could grind Europe to halt if it cut off the gas, which would be on top of an economic crisis that is already looking pretty bad. There is no alternative to the piped gas for Europe that's fact in any realistic time frame, no infrastructure plus the price would be at an extreme premium (piped gas is very cheap).
- thematrixturtle 4y agoNope, most Western countries have inflation in the 8% range, although as always you can quibble about what's being measured etc. Also, Russia has already turned off the gas taps to Poland, Bulgaria and by the end of this week most likely to Finland. However, European countries can substitute (with varying degrees of pain), while it's physically impossible for Russia to export that gas elsewhere, meaning any cuts to exports hit them hard in the pocketbook. At the end of the day, it's pretty much the world vs Russia right now, and the world will absorb the economic blows better than Russia can.
- nevermindiguess 4y ago
- silversmith 4y agoWhile the quoted poster appears to be getting their news straight from Kremlin, there is something to consider: the average russian is VERY experienced in taking abuse. We're talking about a country where around fifth of the population does not have access to indoor plumbing. Only couple of the largest cities there have living standards comparable to what average HN poster would consider livable. This whole thing is going to cause a financial recession. More so in some regions than others. But as a citizen of a very small country bordering russia - that's okay. As long as it breaks the back of their military, and sets back their military ambitions for a good long while, there's a long list of luxuries I can live without. I want my kids to worry about global warming, not global warming and when's the next time the neighbours re-discover their imperial ambitions.
- nisegami 4y ago>I want my kids to worry about global warming, not global warming and when's the next time the neighbours re-discover their imperial ambitions. I just can't fathom why people bring children into this world knowing they will face existential crises.
- horns4lyfe 4y agoAt whatever time you were born, there were “existential threats”, and yet here you are.
- nisegami 4y agoIt was wrong then too, but my parents didn't have the wisdom to understand that.
- rossmohax 4y ago> Only couple of the largest cities there have living standards comparable to what average HN poster would consider livable. If you really mean it, then you clearly never been to Russia and don't know what you are talking about.