"Russia: The War Of Different Realities" Topic
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| Tango01 | 02 Feb 2023 9:00 p.m. PST |
" NATO delays in delivering tanks and other armored vehicles, as well as longer-range missiles and combat aircraft have hampered Ukrainian plans to launch new offensives to force Russian forces out of more Ukrainian territory. Russia is taking advantage of this by using its few remaining offensive units to make small territorial gains and promote this as major victories.
For Vladimir Putin, his war in Ukraine can continue as long as he has enough money to support it. Oil income is way down because of sanctions. Despite that Russia can still export oil but at discounts of up to 45 percent. This can (according to Russian officials) go on for about three years and then the National Wealth Fund, a reserve of gold and foreign currencies that supports the value of the ruble, will be "officially" gone (much has been frozen in Western banks by sanctions and will instead probably end up being used to rebuild Ukraine). Emptying that fund this way makes it nearly impossible to borrow money. Meanwhile sanctions and costs of the war have increased unemployment and poverty rates…"
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