Good point. This is a lot like how Reagan bankrupted the USSR. Force Russia the spend ever more on its defenses, and it will collapse.
Or, maybe that's the plan be used against us. Force a heavily indebted west to pay more for everything, and it will collapse.
It seems we are much closer to bankruptcy than Russia is. who will go belly up first?
Around ten days ago....business interview with around 20-odd Russians ‘affected’ that I watched. So this one guy was logistics background for Ikea. All the employees were laid off. As he noted...a fair number had mortgages. Russian unemployment money? That marginally covers food cost...which jumped 10 to 20 percent in past month or two. No one has the cash reserves to last more than a few months.
Unless they print more Rubles and just hand it out to laid off folks....Russian banks will be put in a tough position of foreclosing on houses, with zero market and zero loan opportunity.
You think any of Putin’s people are discussing this with him? Heck no...it’d just get more stupid reactions. In about 90 days as banks are forced to act...this will rise as a major society problem.
“Good point. This is a lot like how Reagan bankrupted the USSR. Force Russia the spend ever more on its defenses, and it will collapse.”
Oh, sure! It’s worked out really well so far. We’ve got the highest inflation in 30 or 40 years, 30 trillion in debt and moving to 40 trillion, and have defended everybody’s borders but our own.
Yes, by all means, keep promoting the lunacy!