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> that it doesn't have the capacity to make itself, including basic military and basic consumer goods, They do have capacity to fully cover their entire milita
by vetinari 4y ago
> that it doesn't have the capacity to make itself, including basic military and basic consumer goods,
They do have capacity to fully cover their entire military needs.
For consumer goods, they are trading with China, India and other countries in a mix of currencies, that includes rouble.
The freezing of their USD and EUR assets was a huge mistake; it demonstrated to the world that such assets are not safe.
- troad 4y agoThis just doesn't reflect reality at all. There are vast drops in the domestic production of things like cars (-85%), motors (-70%), and white-goods (-50%) due to a collapsed import chain. (Russian government source: https://rosstat.gov.ru/storage/mediabank/87_01-06-2022.html https://rosstat.gov.ru/storage/mediabank/87_01-06-2022.html) Key economic indicators are flashing red - e.g. non-tax/oil tax revenues are down 20% YoY (Russian Finance Ministry figures from last week). If these are the official Russian government stats, it's likely the real numbers are much worse. Cars and motors are dual use goods (so the collapse of Russian domestic manufacturing of them is militarily relevant), but even setting those aside and looking purely at single-use military goods, there's persuasive evidence that the Russian military is increasingly reliant on Iranian drones and equipment (https://www.al-monitor.com/originals/2022/10/russias-use-iranian-drones-ukraine-hints-reliance-iran https://www.al-monitor.com/originals/2022/10/russias-use-ira...). Vast numbers of Russian equipment have been confirmed destroyed or captured by observers such as Oryx, and those are just the visually confirmed losses you can check the evidence for yourself (https://www.oryxspioenkop.com/2022/02/attack-on-europe-documenting-equipment.html https://www.oryxspioenkop.com/2022/02/attack-on-europe-docum...). No country would be able to replace those losses without switching to a full war economy, which Russia has not done (and which would only be a necessary but not sufficient condition for replenishing these kinds of losses).