It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: nugget1
This maybe the route Putin will have to go, he may end up possibly selling parcels of Russian land to the Chinese?
That's what the US is doing! You could switch 'USA' for the word 'Russia' and it would still apply.
You can't believe anything our Government says about Russia or Ukraine, you just can't.
originally posted by: FloridaManMatty
originally posted by: nugget1
This maybe the route Putin will have to go, he may end up possibly selling parcels of Russian land to the Chinese?
That's what the US is doing! You could switch 'USA' for the word 'Russia' and it would still apply.
I’ll go one step further and predict that Xi and the CCP choose to take on a fight that they can actually win and will ultimately pull a fast one and invade eastern Russia.
originally posted by: FloridaManMatty
I’ll go one step further and predict that Xi and the CCP choose to take on a fight that they can actually win and will ultimately pull a fast one and invade eastern Russia. Not only will this get them a LOT of land a resources, it would also help them curry favor with much of the rest of the world in the process.
originally posted by: BasicResearchMethods
originally posted by: FloridaManMatty
I’ll go one step further and predict that Xi and the CCP choose to take on a fight that they can actually win and will ultimately pull a fast one and invade eastern Russia. Not only will this get them a LOT of land a resources, it would also help them curry favor with much of the rest of the world in the process.
Less likely than it was in the late 60s. Much less likely.
China is playing the long game. It won't risk alienating the BRICS and developing world by picking a fight with Russia,
originally posted by: BasicResearchMethods
a reply to: Kurokage
There are more reliable sources than the Express.
The Express is where you go if you want to know what happened on an afternoon quiz show.
Frankly, I’d argue that any nuclear weapons they DO have are Soviet-era and have been maintained about as well as their reserves of tanks and rifles (either not very well or not at all). Nukes are expensive to maintain. Putin and his ilk have been embezzling every penny they can find for the last 25 years.
High interest rates, like the 21% rate Russia recently set, can have both benefits and drawbacks, depending on the economic goals and context.
Potential Benefits
1. Curbing Inflation: High interest rates make borrowing more expensive, which can cool off consumer and business spending. This reduction in demand can help bring down inflation, which has been a significant issue for Russia recently.
2. Supporting the Currency: A high interest rate can attract foreign investors looking for high returns, which boosts demand for the currency. For Russia, this could mean a stronger ruble, which may help mitigate import costs and bolster international reserves.
3. Encouraging Savings: With higher returns on deposits, consumers may save more, reducing demand-pull inflationary pressures.
Drawbacks
1. Slowing Economic Growth: High borrowing costs discourage investment and spending, which can slow down economic growth and impact employment. This effect could be harsh in a challenging economic environment with limited growth prospects.
2. Rising Costs for Households and Businesses: For consumers with loans or businesses relying on credit, high rates mean higher debt servicing costs, potentially leading to defaults or bankruptcy in severe cases.
3. Pressure on Government Debt: If the government has significant domestic debt, it may face increased costs for borrowing, which could strain public finances.
So, while a 21% rate can stabilize the ruble and lower inflation, it may also constrain growth and strain the financial resilience of consumers and businesses. The policy's effectiveness will largely depend on the balance the central bank can strike between stabilizing prices and supporting the economy.
Looks alarming at first sight, but let's see how it rolls out in the future
originally posted by: FloridaManMatty
originally posted by: BasicResearchMethods
originally posted by: FloridaManMatty
I’ll go one step further and predict that Xi and the CCP choose to take on a fight that they can actually win and will ultimately pull a fast one and invade eastern Russia. Not only will this get them a LOT of land a resources, it would also help them curry favor with much of the rest of the world in the process.
Less likely than it was in the late 60s. Much less likely.
China is playing the long game. It won't risk alienating the BRICS and developing world by picking a fight with Russia,
Do you really think Russia still has any strategic nukes that it can actually deliver?
Do you really think a great way to find out is just to go ahead and attack them in a way that, if they had them, they'd use them?
Awfully big consequences if you're wrong.
Illegal war? Russia has a right to defend itself against the opressive NATO and US war machine. Learn your history bud, you're way out of bounds.
The memoranda, signed in Patria Hall at the Budapest Convention Center with US Ambassador Donald M. Blinken amongst others in attendance, prohibited Russia, the United States and the United Kingdom from threatening or using military force or economic coercion against Ukraine, Belarus, and Kazakhstan, "except in self-defence or otherwise in accordance with the Charter of the United Nations." As a result of other agreements and the memorandum, between 1993 and 1996, Belarus, Kazakhstan and Ukraine gave up their nuclear weapons.