Russian invasion of Ukraine

shemnel said:
Away from the actual conflict, i think this is the flash point for a new separated geopolitical landscape that will rival the Cold War. Russia began to 'de-dollarize' about ten years ago (reduce it's reliance on the dollar as a global reserve) which is entirely their choice, but it means there must be other willing partners to make this sustainable. China is the obvious and it seems India may or may not go along with it? SA and Brazil are interesting. So, will we slip towards a global system in which the dollar truly has an economic rival?
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Think digital currencies are going to be accelarated into the mainstream now.
 
Bazzmand Show said:
Because Ukraine are less in control of this conflict that a lot of people are letting on.
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Its probably one of the more well protected parts of the invasion force and frankly while its not moving, its not a significant threat in the grand scheme of things. All the Ukrainian's need to do is keep blocking the front it it starts moving again.
 
hilts said:
Had to look that up, never been. We used to hang around on that island in Heaton park as kids. My mate thought he was Robinson Crusoe and I was man Friday.

He knew deep down I was Papillon and he was Dustin Hoffman.
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1797806_9c6cb038.jpg

I suppose one lake with an island looks much like any lake with an island
 
shemnel said:
Away from the actual conflict, i think this is the flash point for a new separated geopolitical landscape that will rival the Cold War. Russia began to 'de-dollarize' about ten years ago (reduce it's reliance on the dollar as a global reserve) which is entirely their choice, but it means there must be other willing partners to make this sustainable. China is the obvious and it seems India may or may not go along with it? SA and Brazil are interesting. So, will we slip towards a global system in which the dollar truly has an economic rival?
Click to expand...
Interesting debating point Shemnel. It is worth stressing though that the official Chinese response to the invasion thus far has been lukewarm at best, code for disapproval in diplomatic language. I suspect that, privately at least, the Chinese are looking on with dismay given that they will wish to avoid aligning themselves with a pariah state if it means trade with the west is significantly hindered.
 
Just been reading about tires on military vehicles. First, you have to keep them ticking over (bit like cars, but more so), otherwise even a good tire will degrade relatively quickly. Second, they need to be top quality given the loads and terrain in combat (some reports suggest Russians use tires...made in China).

Long story short, if your ‘vehicle exercise program’ is shoddy, then your tires will go very quickly, especially off-road, which may be a contributory factor to the slowest moving convoy ever and why the Russians stick like glue to the main roads.
 
Kippaxpete said:
Interesting debating point Shemnel. It is worth stressing though that the official Chinese response to the invasion thus far has been lukewarm at best, code for disapproval in diplomatic language. I suspect that, privately at least, the Chinese are looking on with dismay given that they will wish to avoid aligning themselves with a pariah state if it means trade with the west is significantly hindered.
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China just play a longer game than most. Russia want them, the west currently need them. They want long term growth.
 
shemnel said:
Away from the actual conflict, i think this is the flash point for a new separated geopolitical landscape that will rival the Cold War. Russia began to 'de-dollarize' about ten years ago (reduce it's reliance on the dollar as a global reserve) which is entirely their choice, but it means there must be other willing partners to make this sustainable. China is the obvious and it seems India may or may not go along with it? SA and Brazil are interesting. So, will we slip towards a global system in which the dollar truly has an economic rival?
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Interesting point. Iirc the dollar as a currency is in some significant trouble too.
 
metalblue said:
You missed out the one that Ukraine was going to house nuclear missiles - despite giving them up for security guarantees from Russia. In short Russia is a lying sack of shit and if Putin told me my name, I’d check my driving license.

Elsewhere the Russians are currently broadcasting TV propaganda to schools about the war and how the only people who aren’t lying are the Russians. They really are desperate.
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I really feel for Russians who don't support this war as they had no say in it, they can't get rid of Putin and they can't even protest. The protests going on against it are really unprecedented in Russia, it's a place you don't protest for obvious reasons.

It's really important to acknowledge that they are suffering unnecessarily too (although clearly not as much). Hopefully they'll all remember that not only did Putin make Ukraine suffer but he also chose to make his own citizens suffer as well.

Basically Putin and his cronies are dickheads.
 
Bazzmand Show said:
Think digital currencies are going to be accelarated into the mainstream now.
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shemnel said:
exactly. China and Russia will be economically closer. EU and USA will ramp their digital currencies up.


www.nytimes.com

Russia Could Use Cryptocurrency to Blunt the Force of U.S. Sanctions (Published 2022)

Russian companies have many cryptocurrency tools at their disposal to evade sanctions, including a so-called digital ruble and ransomware.
www.nytimes.com www.nytimes.com
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I'm far from an expert but I actually think this is going to be bad for crypto.

The refusal of major platforms to help enforce sanctions when asked by Western governments is unlikely to go without some sort of response or reprisal and is likely to kick talks of regulation and monitoring into overdrive in every country that's sanctioning Russia.

This war has shown that global sanctions are the world's biggest weapon and anything that represents a bypass of those will be cracked down on.
 
shemnel said:
Away from the actual conflict, i think this is the flash point for a new separated geopolitical landscape that will rival the Cold War. Russia began to 'de-dollarize' about ten years ago (reduce it's reliance on the dollar as a global reserve) which is entirely their choice, but it means there must be other willing partners to make this sustainable. China is the obvious and it seems India may or may not go along with it? SA and Brazil are interesting. So, will we slip towards a global system in which the dollar truly has an economic rival?
Click to expand...
Russia probably wants to shore up its European flank now because it realizes the next fifty years will see it facing two increasingly powerful entities to its south and east. Europe has not been an aggressive threat, to date, though the attack on Ukraine will certainly accelerate EU membership. If Ukraine becomes another Afghanistan for Russia, however, it will look increasingly weak to those other entities and perhaps also make them more cautious about how they proceed.
 
shemnel said:
Away from the actual conflict, i think this is the flash point for a new separated geopolitical landscape that will rival the Cold War. Russia began to 'de-dollarize' about ten years ago (reduce it's reliance on the dollar as a global reserve) which is entirely their choice, but it means there must be other willing partners to make this sustainable. China is the obvious and it seems India may or may not go along with it? SA and Brazil are interesting. So, will we slip towards a global system in which the dollar truly has an economic rival?
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Perhaps. But Russians were queuing to get their roubles changed into dollars when it began to kick off, and the gold price went up. People want security for their money. Dollars and gold are proven safe bets. A crypto currency or a currency backed by Russia and/or China? You going to trust your life savings with them?
 
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