A World War of Economic Attrition - emptywheel
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This is a world war aimed at economic attrition; its effects need to be gamed out, beginning with wheat futures.

It’s pretty weird how nobody is talking about the impact the economic war is going to have on the west and particularly Europe. Russia has been preparing for this, it’s largely self sufficient for necessities, and it can get anything it needs from India and China. These are just plain facts.

On the other hand, Europe is heavily dependent on Russia for both food and energy as well as a multitude of other commodities. For example, things like chip production will be affected. I have to wonder how western public which is utterly convinced that it’s only Russia that will suffer will react as the prices for necessities continue to skyrocket and commodities start disappearing.

@Julianus@lemmy.ml
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-23Y

It’s weird only if you think that Russia is important. It hasn’t been a superpower for thirty years and even then, it was a second rate one. Since then it’s found itself as a mafia state with some influence, but still an oversized ego. The sanctions will leave it as a rogue state. They’ll sit at the kid’s table with blustery North Korea, both waving nukes like baby rattles. Until the Russians do what they’ve always done, and overthrow their Tzar.

https://www.reuters.com/markets/europe/us-sanctions-russia-serve-china-sharp-reminder-need-its-own-chips-2022-02-25/

China needs it’s own chips. It’s not going to carry Russia at it’s own expense. And you imagine the rest of the world will notice? The pandemic has incentivized local manufacture again, so China will be dealing with it’s own economic problems. Just as their housing boom explodes. They’ll likely demand huge concessions from Russia in resources because of this. I hope, for your sake, your optimism doesn’t lead you to buy the dip once the Russian stock market opens again.

It’s weird that you don’t understand basic math or perhaps aren’t aware that Russia is a huge global exporter. You seem to be shamefully ignorant on the subject of Russia, yet you have very strong opinions about it. This is a classic example of the Dunning-Kruger effect.

Meanwhile, China will most certainly become the biggest beneficiary of all this going forward. This conflict has finally pushed Russia firmly into Chinese sphere of influence and that means China has secured much of its food and energy needs. People have been predicting the collapse of China’s economy for like 30 years now, it’s adorable that people keep clinging to this narrative.

Finally, the pandemic didn’t actually result in any significant move towards local manufacture that I’m aware of. Perhaps you can provide some citations to support your claim there.

@Julianus@lemmy.ml
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-13Y

So Russia is self-sufficient and doesn’t need to trade or it’s a huge global exporter? Which is it?

Russia can be self sufficient and be a huge global exporter at the same time, what is the contradiction here exactly?

@Julianus@lemmy.ml
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-13Y

It’s neither though. Can Russia replace a single one of all the jets it lost today? Nope. It can’t make it’s own computer chips. That’s why they held back so long. But now, in desperation, they must risk them. In contested airspace, where they are getting picked off.

Is Russia hugely exporting anything? Not at the moment.

Are you suggesting Russia somehow forgot how to make jets? Russia has been making its own computer chips since 2014, and in fact its been their policy that all the military equipment must use domestic chips. You continue to show yourself to be an utter ignoramus on the subject of Russia. And yes, Russia is hugely exporting everything at the moment including to western countries. To put it bluntly, you’re an idiot who continues to spread misinformation on this site. Every comment you make is full of utter nonsense that can be disproved by two minutes of googling. You are a troll.

@Julianus@lemmy.ml
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03Y

All those Russian jets shot down today are irreplaceable after the sanctions. They could hardly afford them before. Face it, mafia states aren’t very efficient if there’s corruption all down the line. Getting pissy doesn’t change the reality of it.

Western media is so delusional. Russia will happily trade with China (biggest economy in the world), and most other countries except a few western ones that matter less and less. Europe is going to freeze and destroy its industry, as it relies completely on Russian energy.

@Julianus@lemmy.ml
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-13Y

This implies that Russian media is the truth? It lies to it’s people, to the west, and judging by the failed invasion, to itself. How it spinning delayed elections, martial law, criminalizing protest? Delusion?

The Europe will allow Russia to sell what they require until they make more secure arrangements. It’s a very poor choice to leave your energy in the hands of a belligerent aggressor. In the meanwhile, the sanctions will grind Russia into bankruptcy. Obama tried a soft touch, but Putin didn’t get the message. It would have been cheaper stay in your own country.

If you still can’t wrap your head around the fact that Europe is more dependent on Russia than the other way around, I really don’t know what else to tell you. Life is going to get very hard for you in the near future though.

@Julianus@lemmy.ml
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-13Y

Very soon we shall see who lives in delusion and who lives in reality. Judging by all the lies that Russia has told, I feel confident. Let’s find out.

We will definitely find out soon. Probably within a few months.

I’m curious who this Julianus person is. Makes their account three days ago. Only posts propaganda about Russia-Ukraine. Maybe they are someone’s alt who are too scared to show their true thoughts on their main account. Or maybe they are a glowie looking to sow division in one of the few networks that is immune from state department censorship.

@Julianus@lemmy.ml
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-13Y

Don’t like the message, so you attack the messenger? I’m just sick and tired of Russian propaganda. Power doesn’t come from lies, it comes from working on your economy. Russia made a strategic choice to double down on information war. It seemed so cheap and effective! But we see today that if you ignore truck maintenance instead, your lies don’t roll those invading columns.

They never did learn, did they? Remember this old joke?

The train breaks down. Lenin tries to rally the workers to work together and get the train running again. When that fails, Stalin lines up all the workers and shoots them. When that doesn’t help, Khrushchev tries to reform the workers back to life. When that also fails, Brezhnev pulls down all the curtains in the rail car and says “let’s just pretend the train is moving.”

Face it, the train isn’t moving.

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