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Rapidcreek @lemmy.world

3mo ago

Can Russia sustain its war effort as ruble plummets, inflation soars?

kyivindependent.com Can Russia sustain its war effort as ruble plummets, inflation soars?

With the purchasing power of the Russian ruble hitting the lowest point since March 2022, the economic toll of the full-scale invasion of Ukraine becomes glaring. Russia's expanding spending on the war has fueled inflation, prompting Russia's Central Bank to hike its interest rate to the highest le...

Ukraine @sopuli.xyz

Sunshine (she/her) @lemmy.ca

3mo ago

Can Russia sustain its war effort as ruble plummets, inflation soars?

kyivindependent.com /will-russias-economic-problems-make-its-war-unsustainable/

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11 comments

Won't need to. Trump's pick to handle it already said he's not only planning to cut new funding, but going to remove the US provided weapon systems from Ukraine. That's why the Biden administration is trying to get the already congressionally approved funding and weapons out the door before the end of the year.
- Plus, I'm sure he'll be happy to offer Papa Putin a big ol' bailout.
- Trump’s pick to handle it already said he’s not only planning to cut new funding, but going to remove the US provided weapon systems from Ukraine.
  I don't imagine it would fly with congress, but I would not be surprised to see funding to Russia.
  
  It'll be hidden somehow. Probably by lifting or undermining sanctions and deregulating crypto-laundering.

- Damn, I knew it dropped, but that is rapid.
  
  Well it has dropped a lot but that's pretty zoomed in to distort how big the drop is. I'm hoping for Russian economic collapse

Yes.

11 comments